Hitachi Energy and Petrofac secure landmark offshore wind agreement worth approximately 13 billion euros
Largest framework agreement in Hitachi Energy company history, enabling long-term capacity expansion to accelerate the energy transition.Complementary technologies and expertise support TenneT’s offshore wind capacity expansion in the German and Dutch sectors of the North Sea. Zurich, Switzerland, March 30, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable […]
PACRA Maintains Entity Ratings of Sargodha Jute Mills Limited
Lahore, March 30, 2023 (PPI-OT): The ratings reflect Sargodha Jute Mills Limited’s (“the Company” or “SJML”) prominent business profile in the jute industry of Pakistan emanating from considerable market share and wide-ranging final product utility. The core strength of the Company lies in two segments (i) Usage of Jute bags for the storage of essential…
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PACRA Maintains Entity Ratings of Masood Fabrics Limited
Lahore, March 30, 2023 (PPI-OT): Masood Fabric Limited (‘Masood Fabric’ or ‘The Company’) is a public unlisted limited company. The Company is principally engaged in the manufacture of yarn and greige fabric, primarily catering to the home textile market. The Company maintains two separate units, Unit-I consists of 32,640 spindles and Unit-II consists of weaving…
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VIS Maintains Entity Ratings of Ittehad Chemicals Limited
Karachi, March 30, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Ittehad Chemicals Limited (ICL) at ‘A-/A-2’ (Single A Minus/A-Two). The medium to long-term rating of ‘A-’ signifies good credit quality with adequate protection factors. Moreover, risk factors may vary with possible changes in economy. The short-term rating of ‘A-2’…
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NEPRA Concludes hearing on February’s FCA Adjustment for KE Customers
Karachi, March 30, 2023 (PPI-OT): NEPRA concluded its public hearing on Thursday on KE’s request for an increase of PKR 1.662 per unit on account of Fuel Charges Adjustments (FCA) for February 2023. A similar hearing was also conducted on the request made by Government Distribution Companies (XWDISCOs) for customers in their territories. Following the…
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K-Electric Setup Night Facilitation Camps during Ramazan
Karachi, March 30, 2023 (PPI-OT): As part of its effort to offer maximum convenience to its consumers and ensure uninterrupted power supply to the city, K-Electric continues to take various measures, including setting up night facilitation’s camps, conducting anti-power theft drives, and disconnecting defaulters’ power supply in various parts of the city. K-Electric has recently…
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PM felicitates lawyers over passage of Lawyers Welfare & Protection Bill 2023
Prime Minister Shehbaz Sharif has congratulated the lawyers’ community of the country on the passing of Lawyers Welfare and Protection Bill 2023.In a statement on Thursday, the Prime Minister said lawyers have sacrificed their lives for the supremacy o…
Forex reserves stand at about $10b: Senate told
The Senate was informed today that the foreign exchange reserves stand at about ten billion dollars and the target is to take them to thirteen billion dollars by June this year.Leader of the House and Minister for Finance, Ishaq Dar told the House duri…
فوژو — ایسا شہر جو بار بار دیکھنے کے قابل ہے
فوژو، چین، 29 مارچ 2023ء/ژنہوا-ایشیانیٹ– حال ہی میں، صوبہ فوجیان کے فوژو کی پروموشنل ویڈیو، جس کا عنوان “آپ فوژو کے بارے میں کیا نہیں جانتے- ثقافتی سیاحت کی معیشت” ، غیر ملکی سوشل میڈیا اکاؤنٹس کے ذریعہ جاری کیا گیا تھا جس میں “اورینٹل پیرس، ڈسکور فوجیان، ڈسکور فوژو” شامل ہیں۔ سی پی سی […]
One killed in massive snow avalanche in South Kashmir
Srinagar, March 28, 2023 (PPI-OT): In Indian illegally occupied Jammu and Kashmir, one person in a snow avalanche in south Kashmir’s Islamabad district, today. Officials told the media that a massive snow avalanche hit the Sinthan top area of the…