Lucky Cement Completes 34MW Wind Power Project as Part of Green Energy Push..

on 22/10/2024

Lucky Cement Completes 34MW Wind Power Project as Part of Green Energy Push

Lucky Cement has successfully completed its 34MW wind power project, marking a significant step toward sustainable energy. The project is part of the company’s broader initiative to reduce its carbon footprint and transition towards renewable energy sources.

Located in Jhimpir, Sindh, the wind farm is expected to contribute clean energy to the national grid, aligning with Pakistan’s energy diversification goals. By investing in renewable energy projects, Lucky Cement aims to lower its reliance on conventional energy sources and reduce greenhouse gas emissions.

This project is a milestone for the company’s green energy ambitions and supports Pakistan’s ongoing efforts to expand renewable energy capacity.

Commemorative Postage Stamp Issued to Mark 50 Years of Tarbela Dam

on 18/10/2024

The Pakistan Post issued commemorative postage stamp worth 50 Rupees to mark 50 years of Tarbela Dam. A ceremony was held at WAPDA House for showcasing the commemorative postage stamp.  Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) was the chief guest of the ceremony. Additional Director General (Operation) Pakistan Post, Rizwan Javed Hashmi unveiled the commemorative postage stamp. The ceremony was attended by Post Master General (Central Punjab), Deputy Post Master General (Admn), WAPDA’s Member Finance, Member Water, Member Power, Secretary and GMs from across the country.

Speaking on the occasion, the Chairman thanked the Pakistan Post for issuance of the commemorative postage stamp. He said that Tarbela Dam is a testament to Pakistan’s engineering prowess and commitment to the socio-economic development of the country. The commemorative postage stamp is a fitting tribute to this iconic project. The postage stamp will serve as a reminder of Tarbela Dam’s significance for generations to come.

Later, Additional Director General (Operation), on behalf of the Pakistan Post, presented album of the commemorative postage stamp to the Chairman.

It is important to note that Tarbela Dam, completed in 1974, has been playing an instrumental role for economic development and social uplift in Pakistan during the last 50 years. The contribution Tarbela Dam Project has made towards progress in the country can be judged form the fact that it has released 406 million acre feet (MAF) of stored water from the reservoir for agriculture and contributed 590,361 million units of low-cost and environment friendly hydel electricity to the National Grid. Economic and financial benefits of one MAF of water in Pakistan are estimated at US$ 1,000 million (US$ 1 billion). Therefore, total benefits accrued from Tarbela Dam during the last 50 years stand at more than four hundred billion dollars.

Experience the Ultimate Fusion of Sports and Technology at OlymTech Sports Gala!

on 18/10/2024

OlymTech Sports Gala will be held on Saturday, November 16th, 2024, at Legends Arena Karachi. The event will be hosted by Tech20Four

This groundbreaking event redefines the boundaries of sports and technology, offering a unique platform for over 1,500 tech leaders (CxO) to engage in friendly competition and step out of their comfort zones, rediscover the joy of physical activity through thrilling sports challenges, Witness the synergy between technology and sports, shaping the future of innovation and athleticism.

Underperforming Institutions of Science and Technology Ministry Face Shutdown

on 17/10/2024

Several underperforming organizations under Pakistan’s Ministry of Science and Technology may soon face closure, according to official sources. A committee has been established to identify those institutes that have failed to deliver satisfactory results.

This move comes in the wake of concerns over the ministry’s overall efficiency, which has prompted the government to review the performance of various affiliated bodies. Entities that are deemed redundant or inefficient could either be restructured or completely shut down.

The committee is expected to submit its findings to the government soon. Once the report is finalized, recommendations will be put forward on how to handle these underperforming institutions. Sources indicate that the focus is on optimizing resources and improving overall productivity within the ministry.

The government’s decision comes as part of a broader effort to enhance Pakistan’s science and technology landscape, ensuring that the country keeps pace with global advancements.

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Celebrating Dr. Nadeem ul Haque – A Legacy of Vision, Innovation, and Mentorship

on 16/10/2024

Islamabad – October 11, 2024 – The Pakistan Institute of Development Economics (PIDE) proudly celebrates the remarkable contributions of Dr. Nadeem ul Haque, as he concludes a transformative five-year tenure as Vice Chancellor (2019–2024). A distinguished economist and former Deputy Chairman of Pakistan’s Planning Commission, Dr. Haque has also had a prestigious career with several global institutions, including the International Monetary Fund (IMF). His visionary leadership at PIDE has reshaped the institute into a beacon of innovative thinking, pioneering research, and impactful policy discussions.

Throughout his time at PIDE, Dr. Haque tackled Pakistan’s economic and developmental challenges with fresh, forward-thinking ideas, encouraging intellectual independence and creativity. Among his many accomplishments, he spearheaded initiatives such as RASTA, Islaah, and EconFest, forging strong connections between researchers, policymakers, and thought leaders. These initiatives helped position PIDE as a leading think tank in Pakistan. The institute’s staff have expressed deep gratitude for Dr. Haque’s bold vision and tireless efforts, crediting PIDE’s current prominence to his dynamic leadership.

Dr. Haque’s legacy extends beyond administrative leadership; he was a mentor who inspired individuals across PIDE, fostering a culture of open dialogue and collaboration. He broadened PIDE’s global reach by connecting the institute with international thought leaders and introducing fresh perspectives on economic and developmental issues. His steadfast commitment to market-oriented reforms and urban development innovation has laid the groundwork for a brighter, more inclusive future for Pakistan.

Minister of Planning, Ahsan Iqbal, also paid tribute to Dr. Haque’s lasting impact, recognizing his pivotal role in advancing economic discourse and shaping Pakistan’s developmental trajectory. In addition to celebrating his achievements, Ahsan Iqbal urged the PIDE team to carry forward Dr. Haque’s vision, stating that the best tribute to his service is to continue his mission for the betterment of the institution and the country.

Dr. Haque’s lasting contribution lies in his role as a mentor who nurtured talent, promoted collaboration, and fostered an environment where innovation thrived. His influence will continue to guide PIDE long after his tenure, as the institute builds upon the solid foundation he created.

As Dr. Haque embarks on the next chapter of his career, the entire PIDE community extends its deepest gratitude for his exceptional service. His legacy of visionary leadership, mentorship, and innovation will continue to inspire future generations of researchers, scholars, and policymakers.

Dr. Nadeem ul Haque leaves behind an institution that is stronger, more dynamic, and well-prepared to lead Pakistan’s economic transformation. His vision will remain a guiding force for PIDE as it moves forward on the path he set in motion.