Significant progress has been made in thin-film solar technology, which has completely changed the solar energy market. By solving major issues with conventional photovoltaic technologies, these advancements concentrate on developing solar panels that are more lightweight, less costly, and more efficient. A noteworthy innovation is the creation of thin-film materials that are fundamentally lighter than […]
Read MoreSiemens Pakistan Engineering Ltd (SPEL) has announced the approval of its board of directors to sell its energy business segment to Siemens Gamesa Renewable Energy (Pvt) Ltd, a non-affiliated entity, for approximately Rs 17.8 billion.In a stock filing on Monday, SPEL reported that the net book value of the energy business as of the valuation […]
Read MoreSeveral 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 […]
Read MoreAl-Ghazi Tractors Limited has unveiled its latest product, the New Holland NH-850, an 85-horsepower tractor designed to enhance modern farming practices in Pakistan. The launch event took place at the Pearl Continental in Lahore and featured Maj General Shahid Nazir, Director General of Strategic Projects at Green Initiatives (Pvt) Limited, as the chief guest. He […]
Read MoreMari Petroleum Company Limited (MARI), one of Pakistan’s largest exploration and production companies, has approved a Rs10 billion (approximately $36 million) investment to establish a wholly-owned subsidiary focused on technology-driven ventures. The announcement was made in a notice to the Pakistan Stock Exchange (PSX) this month.During an emergent board meeting on September 23, 2024, the […]
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