Showing posts with label Pakistan. Show all posts
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Quaid e Azam Solar Power Project

Pakistan First Largest Solar Power Project of 1000MW

Pakistan’s Leading Minister Nawaz Sharif inaugurated Pakistan’s first a solar panel park, which will start off making 100 megawatts of energy because of the stop on the yr plus a entire of just 1000 megawatts till 2016. The actual Quaid-e-Azam Sun Park undertaking has four hundred, 400,000 solar panels, with a entire charge regarding around $131 million. Any time finish the particular place will certainly create with regards to a couple of. 5 situations the facility coming from the 392 megawatt Ivanpah sun arctic place in California’s Mojave Wilderness, so that it is one of many largest sun areas on this planet.

“If an individual are available in this article immediately after 1 . 5 years, you will notice any pond regarding solar panels, home houses as well as practices — it will likely be a brand new entire world, ” explained web page industrial engineer Muhammad Sajid, directing towards the encircling leave.
 On the occasion shortly after the inauguration, Sharif approved expanding the project from from 10,000 acres to 15,000 acres and increasing the capacity from 1,000 megawatts to 1,500 megawatts.
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MP-5 Sub Machine Gun

Pakistan Export Machine Gun to US

Pakistan Weapon manufacturing company exported MP-5
 sub-machine gun to United States.
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Foreign Exchange Reserves

Foreign Exchange Reserves cross 15 Billion Dollar in July-14.

Told National Assembly

ISLAMABAD:
 Finance Minister Ishaq Dar told the National Assembly on Thursday that Pakistan’s foreign exchange reserves will cross $15 billion in July, while GDP growth rate is expected to touch 4 per cent during the current fiscal year.
Commenting about the latest economic indicators, Dar said that the GDP growth rate currently stands at 3.4 per cent while reserves are at $13 bn.
The finance minister said that inflation rate is at 8.6 per cent, which has been brought down to single-digit during the Pakistan Muslim League government.
“The international community and financial institutions are also recognizing that the country’s growth is witnessing an upward trend while inflation is on the decline as yet,” he said.
He said that tax collection had also recorded a growth of 15.6 per cent during the current year.
“The returns of Federal Board of Revenue (FBR) have witnessed a growth of 15.6 percent during the first ten months of the current financial year while the FBR has collected Rs1,745 billion as compared to Rs1,509 billion rupees collected during the same period last year,” he added.
The minister said that exports have risen to $19 billion – showing a growth of 6 per cent – while imports remained at $33 billion during the last nine months.
Dar claimed that remittances also witnessed a growth of 11.4 per cent, with $1,289 billion received so far under the head of remittances as against $1,157 billion received during the same period last year.

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Euro Bonds Profit ($2 billion)

Pakistan boosts $2b through Euro bonds


ISLAMABAD:
Inside largest-ever sole exchange, Pakistan continues to be in a position to boost $2 billion from overseas personal debt promotes throughout the issuance regarding five- and also 10-year dollar-denominated Dollar provides, getting a massive action toward assembly an international Monitory Fund (IMF) ailment regarding improving the yucky established supplies to $9 billion.
“Pakistan’s connect ended up being extremely over-subscribed and also obtained $5. only two billion presents although many of us decided to recognize $2 billion, ” Rana Assad Amin, this Ministry regarding Money.
It had been the best sum of which Pakistan provides at any time lifted within a test and also indicates this improving self-assurance regarding overseas people about insurance policies in the PML-N authorities, based on experts.
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Oranges Export

Pakistan exports 1209. 1mn great deal of Oranges within few months.



ISLAMABAD: 
Pakistan has exported 1209. 1 trillion heap regarding oranges in the course of first half a year regarding latest economical season which added numerous dollar to countrywide your pet.
Pakistan has a lot more than 300 finalizing plants in output regions of oranges to help keep this taste, smell and also enrich rack lifetime regarding citrus fruit in which grapefruits will also be prepared.


Ministry involving Marketing sources in Thursday claimed simply no land has got into contact with regarding move involving a melon over the season 2013-14, since usually the particular importers approach straight to the particular exporters regarding importance involving a melon.
These people claimed Pakistan Horticulture Advancement & Upload Company (PHDEC), established with requirement to function regarding manufacturing, improvement and move involving garden products has performed trainings/workshops/seminars regarding capacity making involving growers, processors and exporters.
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DASU DAM

DASU DAM Construction GO ahead for completion








 
Country : Pakistan
Project : Dasu Hydropower Project
Client : Water and Power Development Authority
Project Period : 2011 - Present
Project Overview : Only a small portion of hydropower potential (about 15%) has been developed in Pakistan. Dasu Hydropower Project is one of the series of hydropower development projects included in Vision 2025 Program developed by WAPDA in 2001. Installed capacity (4,320 MW) will cover 90% of actual electricity shortage, which is imposing six hour planned blackouts even on the metropoplitan area.
Features : - Installed Capacity: 4,320 MW
- Annual Energy (Pre-Basha): 18,432 GWh
- Gross Head: 187.17 m, Design Head 179.51 m
- Dam Type: Gravity dam (RCC construction)
- Dam Height & Crest Length: H=242 m, L=570 m
- Gross Reservoir Storage: 14,100 million m3
- Specifications of Power Tunnel: 4 nos. D=12.0 m, L=450 m (concrete lined)
- Penstock: three-manifold type, D=5.5 m, L=107 m (steel lined)
- Diversion Tunnels: 2 units, L=1,261/1,101 m
Our Services : DD, CS

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BOSTON DAM BALOCHISTAN

PROSPECTS of BOSTON DAM



Name                                =              BOSTON delay action DAM

Location                            =              District Pishin, Balochistan

Approved Cost                 =               121.849 million

Date of completion            =               September 2012

BALOCHISTAN:

Bostan Wait Actions Dam, Center Pishin. Development started out last year, concluded with 2012. 500 acres connected with terrain added underneath cultivation on account of that dam, which is area of the Balochistan 100 Dams Project from the Federal/Provincial Governing bodies.
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TUNNEL AT GILGIT

600 Meter Long Tunnel at GILGIT-Baltistan


GILGIT-BALTISTAN:
A new 800 metre very long tube has constructed within the Karakoram Range within the Karakoram Motorway (KKH) near Attabad Sea. This positioning from the KKH has improved caused by enhancement from the Attabad Sea in addition to it will be sent straight in Gojal Vly next to Attabad Sea, wherever it's going to work intended for seventeen kilometres ahead of reconnecting with the outdated KKH opposed to this from the pond.
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PAKISTAN RAILWAYS

PAKISTAN RAILWAYS gained more than Rs 3 million benefit with 2013.


RAWALPINDI: 

Divisional Superintendent Train, Syed Munawar Shah stated of which Pakistan Railways (PR) attained fine income Rs 3 million by Come early july to help November 31 Last year.This individual stated of which with increasing and better supervision, your organizations earnings has demonstrated considerable expansion.

Discussing with REQUEST, he or she stated today, educates are managing and attaining presently there destinations on time.

This individual stated your workers are advantage of Pakistan Railways and they're participating in role due to the uplift and increasing typical.

Your DS provided credit towards the Perfect Minister and Train Minister Khawaja Saad Rafique with this consider that required enthusiastic attention to produce better journeying establishments to help the public from reasonable prices.

This individual stated of which additionally initiatives are increasingly being made to improve the typical of PAGE RANK and appeal to guests giving these individuals concession and other establishments.
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PAKISTAN STATE OIL

PAKISTAN STATE OIL provides tough time for you to competition with growing discuss inside market.


ISLAMABAD: 

Pakistan State Essential oil (PSO)-the country's foremost state- owned oil marketing and advertising company is actually providing difficult time to rivals with taking over discuss connected with 63 pct throughout marketplace.

Based on six months effectiveness record the business's dark oil and also whitened oil stay from 75% and also 53% respectively over the 6 calendar month time was over 12 , 2013.

In those times, the business's income connected with air conditioner oil and also motor petrol increased by simply 13% and also 15% respectively and also a fall connected with 6. 4% throughout sale connected with substantial velocity diesel-powered over the very first fraction seemed to be followed by an improvement connected with 3. 5% during minute fraction leading to 1% fall in the six months time.

The business noticed large price efficiencies. This submission and also marketing and advertising expenses increased by simply merely 4% against 15% boost throughout income. There has been an expansion connected with 2% from the administrative, submission and also marketing and advertising expenses when compared with 13% boost usually over the corresponding durations with the very last three years and also the inflation connected with 9. 2% over the fifty percent yr.

This positive result with the income effectiveness and also price effectiveness around the net profit with the Business seemed to be in part counteract through the pointed devaluation connected with Pak Rupees against PEOPLE $ of around 6. 5% as compared with only two. 3% during same time recently.

This specific generated the trade decrease in Rs only two. only two million as compared with Rs 0. 96 million during same time recently.
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2000 MV Electricity

Federal government sets up structure to add more Two Thousands MW far more electricity in National Grid


Pakistan Capital:
Even with issues, the government offers started upon the ambitious plan involving managing electricity dilemma from both short-term in addition to long-term groundwork and possesses recently been operating within setting up commercial infrastructure to incorporate at least 3, 000 MW involving electrical power in the process as early as with the conclusion involving 2014.
Owing to numerous actions the government has implemented, the particular load-shedding would be decreased in order to as little as 6 hour or so in this summer, based on the solutions in the ministry.
“The authorities offers developed limited, channel in addition to long term strategies to defeat the action crisis”, the particular solutions mentioned.
Throughout conjunction using other pushing issues including terrorism in addition to regulation in addition to order circumstance, Electricity is becoming one of several top focus on the authorities, containing consumed today many actions in order to abate dilemma in addition to assist in the particular lots, the particular solutions included.
On the list of commercial infrastructure trends, the particular Tarbela fourth in addition to Tarbela 6th hydropower jobs would likely increase 1410 MW in addition to 1320 MW respectively electrical power to the present present ability involving Tarbela hydropower units.
With the addition of 3, 730 MW, the whole ability involving Tarbela hydropower project would likely spike in order to 6, 208 MW. Your fourth extension hydropower project would be concluded in the limited span involving three in addition to fifty percent several years by having an predicted price involving money 928 trillion. Earth Standard bank (WB) seemed to be supplying money 840 trillion for that project. Authorities is additionally negotiating using Earth Standard bank (WB) to provide money for that 6th Tarbela File format electric power project. Your fourth File format Hydropower Venture would likely bring about several thousand units involving low-cost hydel electrical power annually towards the country wide grid. Your personal benefit in order to collect from the project have been predicted for being Rs. 40 thousand each year also it would likely pay off their whole price involving development within three years.
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INVESTMENT

Al-Ghurair Investment LLC (UAE-based group)  possesses develop a immediate purchase inside Trans Japan Refinery Constrained (TRL) venture inside Pakistan.



Karachi:
The actual TRL grow will certainly make some mil tonnes connected with oil items annually that will include 50, 000 tonnes connected with LPG, 455, 000 tonnes connected with naphtha, 410, 000 tonnes connected with generator petrol, 422, 000 tonnes connected with aircraft energy resource as well as 1, 000, 000 tonnes connected with fuel gas – that 630, 000 tonnes are going to be treated diesel. It will also make 1, 050, 000 tonnes connected with energy resource gas as well as two hundred, 000 tonnes connected with bitumen.

The actual project will certainly lessen reliance on oil imports as well as cut the duty connected with further currency exchange expenditures, other than producing at the least 350 immediate and many roundabout work. Trans Japan Refinery sailed the actual changed tenders with February 1, reflecting selected enhancements needed to satisfy the new items specs.

No less than some intercontinental organizations connected with instructors coming from Pakistan, Indian, UNITED KINGDOM as well as YOU had been appointed by simply TRL to analyze the actual engineering connected with various chapters of the actual refinery, develop time frame connected with style programs as well as, in the long run, make invites to bid suggestions intended for differing from the growth, says a new press release.
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BYCO Pakistan

Sole Bouy Mooring


Pakistan’s just Sole Bouy Mooring (also referred to as Sole Stage Mooring), positioned 15 km via Pakistan's beaches down Gadani, Balochistan in the Arabian Marine. Developed and also handled by Byco Pakistan Ltd., its help is it allows substantial tankers to help offload their own fruit juice packages (usually oil) and never have to berth in the port/terminal, which usually preserves equally occasion and also income.

 



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ENGRO UREA


PAKISTAN .. TUM HE TO HO.!!

Globe's most significant single-train ammonia-urea place, ENVEN 1. 3, tucked within Daharki, Section Ghotki, Sindh. Held along with handled by simply Engro Fertilizers Ltd.

 



 



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Pakistan Highways

GILGIT-BALTISTAN: A recently-built tunnel on the not too long ago widened Karakoram Highway in Gilgit-Baltistan, Pakistan

 

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Marble City at Loralai

Marble City at LORALAI will produce over 10,000 jobs


The marble city being established at Loralai which is Balochistan to process marble and granite, is anticipated to produce more than 10,000 immediate and oblique jobs. The concerned government bodies, as part of its measures to boost production of minerals from Balochistan, would also introduce one common facility and training center.

Official sources on Sunday said that Pakistan Stone Development Company (PASDEC) has introduced mechanized quarrying of marble/limestone in Balochistan and also established one machinery pool and five quarrying projects in collaboration with private lease-holders.

By Giving details about mineral research projects launched in Balochistan province during last five years, the sources said these included public sector project namely "Balochistan Copper-Gold project at RekoDiK" , District Chagi while about 95 prospecting/exploration licenses were granted in private sector for different minerals. During the period, the sources said Geological Survey of Pakistan carried out geological mmineral investigation in different districts of Balochistan. Moreover, new mineral occurrences of copper, manganese and iron have been pointed out in Lasbela, Khuzdar and Chagi areas. These mineral showings require detailed discovery for proving as economic deposits while Geo-Science Advance Research Lab, Islamabad was upgraded through procurement of scientific equipments.

Furthermore, the Federal and Provincial Governments took various measures to improve mineral production in Balochistan which included upgradation of National Mineral Policy to facilitate investment in organic mineral sector and enhance its international competition with opinion of all provinces and approval of Council of Common Interests (CCI).

Pakistan Mineral Development Corporation (PMDC) consistently carried out development works to maintain and enhance coal production. The Corporation is also working in a combined project with a Chinese Company for exploitation of Zinc Deposit in District Lasbela, which is presently under trial production. Additionally, the sources said a Marble City has been founded to introduce modern mechanised mining, cutting and polishing of stone of international standard.

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Welfare programme

‘28,000 scholarships for deserving students’ 


BAHAWALPUR: “Educational scholarships or grants worth Rs1. sixty two million will likely be granted to be able to twenty-eight, thousand learners beneath the Punjab Instructional Endowment Account programme, ” MPA Begum Fauzia Ayub Qureshi stated about Friday. Approaching a treasure syndication wedding ceremony in Govt Girls’ Stage School, Bahawalpur, she stated the scholarships or grants would be provided to learners in 11 areas with the Punjab including Bahawalpur in addition to Dera Ghazi Khan. Punjab Instructional Endowment Account Administrator Rana Nasir Subhani stated scholarships or grants were granted to be able to learners exactly who had taken prime postures in matriculation examinations in 2013. He stated, “Bright in addition to hardworking learners ought to makes use of the programme. ” Subhani stated as many as 5, 000 learners were granted scholarships or grants from the 1st period. “The variety has now increased to be able to 57, 000, ” they additional. He stated the learners got grant cards in addition to PERSONAL IDENTIFICATION NUMBER codes. He stated the grant amount may very well be withdrawn from almost any branch connected with Punjab Financial institution.
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Zameen.com

Zameen.com: Frenchman targets Pakistan for investment

KARACHI:  Despite the negative news surrounding Pakistan, the country remains on the investors’ radar, at least in some areas of the economy.
Gilles Blanchard, a French real estate portal expert, is one such example.
Bullish on the country’s online real estate market, the French investor placed his bet on the Pakistani real estate portal zameen.com, joining as its chairman in 2012. Founded by two brothers, Zeeshan Ali Khan and Imran Ali Khan, zameen.com is Pakistan’s first dedicated real estate portal.
The French investor has been frequently visiting the company’s headquarter in Lahore. In his latest trip, fifth to the country, he also visited zameen’s offices in Karachi and Islamabad.
An authority in the property portal world, Blanchard is the founder of SeLoger.com, France’s largest online web portal. He left three years ago after serving the company’s Merger and Acquisition Department for over a decade.
In his visit to Karachi earlier this month, the French expert of online property sales told The Express Tribune what got him interested in the Pakistani real estate and the opportunities it offers.
“More than 30% of Google searches in Pakistan are done through mobile phones,” Blanchard said quoting Google Pakistan. Pointing towards his cell phone, he said, “What’s the penetration for this!”
His statement came in response to the question whether he considered Pakistan’s low internet penetration – about 10% or 3 million broadband connections – before investing in the country’s online real estate market.
“If Pakistan’s internet penetration was 80%, what would be the point of coming here,” he asked. This indicates that the market has a lot of room for growth, he said. “You have got 10 million Facebook users and that’s without 3G, which is a positive sign.”
With a population of 200 million people and a large diaspora worldwide, according to Blanchard, the country offers great opportunities for investors especially when everybody has a real estate concern.
What makes Blanchard’s story even more interesting is the fact that he received a straight ‘no’ from SeLoger.com’s German parent when he first tried to convince the latter to acquire zameen.com.
While working with SeLoger.com, Blanchard was looking for business opportunities in emerging markets. He looked at Brazil, Malaysia, Singapore and Indonesia to get a flavour of emerging markets – he also looked at China and India but thought they were too big for him.
When he compiled data, such as population growth and internet penetration, for the emerging markets, one of the countries that popped up high was Pakistan, Blanchard said.
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Fruit, Vegetable Exports

Fruit, vegetable exports post 26.88pc, 14.65pc growth in last seven months 

 ISLAMABAD: Fruit and vegetable exports from the country during first seven months of current financial year increased by 26.88 percent and 14.65 percent respectively.

During the period from July-January, 2013-14, about 416,390 metric tons of fresh fruits worth US$ 280.337 million exported which were up by 26.88 percent as compared to same period last year.
The fruit exports from the country was recorded at 417,808 metric tons valuing US$ 220.941 million during first seven months of last year, said the data of Pakistan Bureau of Statistics.
Meanwhile, about 320,948 metric tons of vegetable valuing US$ 109.892 million exported during the period under review as it was recorded at 297.832metric tons worth US$ 95.851 million i first seven months of last financial year.
On month on month basis, fruit exports from the country during month of January registered growth of 8.81 percent as compared to same month of last year, while the exports of vegetables dropped by 4.06 percent.
The data revealed that the exports of leguminous vegetables (pluses) posted tremendous increase of 190.43 percent and reached at 3,278 metric tons of US$2.823 million.
According the data the exports of pulses were recorded at 1,204 metric tons worth US$ 0.972 million during the same period of last year.
It may be recalled that over all food group exports from the country during the period under review grew by 6.30 percent where as food imports in the country decreased by 8.5 percent as compared to same period of last year.
During the period from July-January, different food commodities worth US$2.657 billion exported as compared to US$ 2.449 billion of same period last year which were up by 6.30 percent.
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SirLankan's Investment

COLOMBO: 100 Pakistani-assembled Toyota Corolla Altis cars delivered to Sri Lankan police and army.



Bought by Sri Lanka on credit. They will pay in installments.