Ukraine’s president says 30% of the country’s power plants have been damaged since October 10. At least three Ukrainian cities have been hit with power outages following Russia’s attacks on key infrastructure, according to local authorities. Zelensky’s announcement comes in the wake of Russia’s recent strikes on critical energy infrastructure. 30% of the country’s power … Read more
ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday directed the authorities concerned to take immediate steps to make shut down power plants functional. The prime minister chaired an important meeting to overcome the issues of power load-shedding and energy crises. During the meeting, the steps to resolve the ongoing power crises in the country were discussed. … Read more
BEIJING: China will help its coal-fired power plants run at full capacity, the government has announced, raising further alarm about the fate of Beijing’s climate pledges. Swathes of the world’s second-biggest economy were paralysed last year because of power shortages, partly caused by a drop in coal supply as global prices of the fossil fuel … Read more
KUNMING/VIENTIANE – The China-Laos Railway has transported over one million passengers and 500,000 tonnes of cargo since it was launched in December 2021, while business operators from Thailand, Vietnam, Cambodia and Myanmar are now using the same facility to import and export goods to and from China and beyond, according to a Lao official. The … Read more
KARACHI: Fauji Cement Company Limited (FCCL) would issue 800.5 million shares for every Askari Cement share as the equity swap ratio for the merger between the two cement makers is set at 5:1, which implies every one share of Askari Cement will be entitled to five shares of FCCL for the amalgamation between the two … Read more
