Latest news with #FCR
Yahoo
16-04-2025
- Business
- Yahoo
Think Power Solutions Renews Contract with AEP, Expanding AI-Enabled Utility Services with Industry-Leading Safety Record
PLANO, TX / / April 16, 2025 / Think Power Solutions, a leading AI-enabled utility infrastructure solutions provider with an industry-leading safety record, is proud to announce the renewal of its contract with American Electric Power (AEP), one of the nation's largest electric utility companies. This agreement reinforces Think Power Solutions' commitment to delivering innovative infrastructure solutions and expert consultancy services to support AEP's transmission and construction initiatives. Under the renewed contract, Think Power Solutions' highly skilled Consultants will provide Transmission Construction Representative Oversight Services (TCR Services) and Field Construction Oversight Services (FCR Services) for AEP's ongoing substation, line, aerial fiber, underground fiber, civil, and tower projects. These services include field construction oversight, data reporting, and other critical support across AEP's operational footprint. "Think Power Solutions is honored to continue our long-standing work with AEP on AI-driven utility infrastructure solutions," said Hari Vasudevan, PE, Founder & CEO at Think Power Solutions. "Our team of expert consultants remains committed to delivering the highest quality oversight services-ensuring reliability, efficiency, and innovation in every project-while maintaining an uncompromising focus on safety." Unmatched Commitment to Safety and Operational Excellence At Think Power Solutions, safety isn't just a priority-it's a core value. The company has worked over 2 million hours injury-free, setting a benchmark for excellence in workplace safety. Think Power Solutions has earned AEP's prestigious Zero Harm Safety Club Award for achieving 69,000 and 138,000 injury-free hours on AEP's system. This commitment to safety extends beyond the field-ensuring the highest standards in both operations and workforce protection. For over a decade, Think Power Solutions has served electric utility customers across Texas, the Southeast, and the Midwest, consistently delivering cutting-edge, AI-driven solutions powered by advanced technology and deep industry expertise. The company's dedication to excellence has been recognized through several accolades, including being rated a Great Place to Work for four consecutive years, with over 90% employee satisfaction. Additionally, Fortune magazine has recognized Think Power Solutions as one of the 48 Best Workplaces in Texas among small and medium-sized businesses for the last two years. This contract renewal marks another milestone in Think Power Solutions' mission to revolutionize the utility infrastructure sector with AI-driven solutions, exceptional service, and an unwavering commitment to safety and operational excellence. About Think Power Solutions Think Power Solutions is a leading AI-enabled utility infrastructure solutions provider. With a client-centric approach, innovative solutions, and a culture of excellence, Think Power Solutions continues to attract top talent and deliver industry-leading services and products. For more information visit: Follow on LinkedIn, Twitter, and Facebook For more details contact:Sayantan DasguptaDirector Marketing - Brand & ContentThink Power SOURCE: Think Power Solutions View the original press release on ACCESS Newswire Sign in to access your portfolio
Zawya
20-03-2025
- Business
- Zawya
Capital Intelligence raises Oman Arab Bank's long term foreign currency rating from bb+ to bbb-
Muscat, Oman: Oman Arab Bank (OAB) announced that the international credit rating agency, Capital Intelligence Rating (CI), has raised the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) to 'BBB-' and 'A3' respectively, from 'BB+' and 'B'. The outlook for the LT FCR has been revised to Stable from Positive. CI has affirmed OAB's Bank Standalone Rating (BSR) of 'bb+' with a Stable outlook, Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Moderate. The upgrade follows a similar action on Oman's sovereign ratings. Commenting on the report, Sulaiman Al Harthi, Chief Executive Office of Oman Arab Bank said, 'This upgrade reflects OAB's sound financial metrics and well-established franchise supplemented by the strengthening of Oman's economic fundamentals and prudent fiscal management. It also considers the introduction of the new banking law earlier this year, which is expected to enhance the operating environment and support the digitisation within the banking sector'. He added, 'The affirmation of OAB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) demonstrates OAB's strong financial results in 2024, the continued support of our major institutional shareholders and the favourable deposit mix, with share of CASA funds contributing to more than half of total deposits in 2024. We have also had the loan-loss reserve coverage ratio reaching the highest level seen in five years. This demonstrates our strong franchise in both the conventional banking and the Islamic banking, via our fully owned subsidiary Alizz Islamic Bank, the second largest fully-fledged Islamic bank in Oman'.
Express Tribune
08-03-2025
- Politics
- Express Tribune
Wujuud-i-Zan: Mussamat Tajo's fight for justice
Zoya Sameen's Wujuud-i-Zan talk explored Musammat Tajo's 14-year legal battle against colonial expulsion and injustice On February 21st, 2025, Habib University hosted a thought-provoking one-day conference titled Wujuud-i-Zan, focusing on women in academia: scholars, artists, and activists. The event fostered a transdisciplinary dialogue on gender performance and perception, bringing together voices from diverse fields to explore the complexities of women's roles in society. As a Habib University alumna, attending this conference was a bittersweet experience. It was a return to an intellectual space I had cherished as a student, but this time, I was there not to discuss the event in class but to cover it as a professional. The shift in context was both nostalgic and empowering. One of the panels that particularly captivated me was 'Colonial Modernity and the Gendered Subject', especially the subsection led by Zoya Sameen, a historian specializing in gender, law, and empire in 19th and 20th-century South Asia. Her talk, titled 'This Woman is a Most Undesirable Person': Tajo vs. Frontier Crimes Regulation in the Balochistan Agency', delved into the intricate ways colonial and patriarchal systems policed women, particularly those involved in sex work, and how these systems intersected with legal and social frameworks. Her presentation began by outlining the colonial state's multifaceted approach to policing women, particularly those engaged in prostitution. She identified four distinct regimes of control that evolved over the 19th and 20th centuries: 1. Criminalization: In the late 19th century, women suspected of being sex workers were criminalized and policed under vague and often discriminatory laws. 2. Expulsion: Following the repeal of the Contagious Diseases Act, women were expelled from military spaces, creating a new set of challenges as they were forced into less surveilled areas. 3. Relocation: In the 20th century, municipal governance played a key role in relocating women to designated red-light districts, effectively segregating them from the rest of society. 4. Deportation: In some cases, women were not just relocated but deported, often under harsh legal frameworks like the Frontier Crimes Regulation (FCR). While sex work itself was not explicitly criminalized, laws like the Suppression of Immoral Traffic Act targeted the surrounding economic and social structures—brothel-keeping, public solicitation, and property leasing for sex work. This approach created an intricate system of control, reflecting the collaboration between colonial governance and patriarchal nationalism to regulate women's bodies and movements. At the heart of Sameen's talk was the case of Musammat Tajo, a woman whose life and struggles epitomized the gendered injustices of colonial rule. Tajo, a sex worker in Quetta, was expelled from the city in 1923 under Section 36 of the Frontier Crimes Regulation (FCR). This section granted the Balochistan Agency the power to expel individuals deemed 'dangerous' or likely to cause 'bloodshed'—terms so vague that they could be applied to anyone, particularly women like Tajo. Tajo's expulsion was justified on the grounds that her presence in Quetta would disrupt peace and lead to violence. This reasoning, however, was deeply gendered. Tajo was blamed for the conflicts between three men—her former husband, Ghulam Rasool; her lover, Ahmed Ali Shah; and another man, Nur Mohammad. Despite the men's involvement in the disputes, it was Tajo who bore the brunt of the legal consequences. Her status as a sex worker made her a convenient scapegoat, and she was expelled from Balochistan without recourse to justice. Over the next 14 years, Tajo tirelessly petitioned for her return to Quetta. Her brother also appealed on her behalf, arguing that the circumstances of her expulsion no longer applied—her former husband had remarried, and her lover had left the city. Despite these efforts, her petitions were repeatedly rejected. In 1931, the Agent to the Governor General (AGG) dismissed her appeal with the chilling statement: 'This woman is obviously a most undesirable person and is likely to cause more trouble if allowed to return to Quetta.' Tajo's identity as a sex worker and her perceived 'undesirability' overshadowed any consideration of her rights or humanity. Tajo's story, however, is not just one of victimization. Her relentless petitions and appeals demonstrate her agency and resilience in the face of systemic oppression. She refused to accept the colonial state's verdict and continued to fight for her right to return home. Her case highlights how women like Tajo engaged with the law, not just as passive subjects but as active participants who read, manipulated, and reshaped legal categories to challenge their oppression. Tajo's case offers us a window into the realities of colonial legal power, empire, and its impact on women's lives. It shifts the focus from governance as an abstract ideology to its everyday application, revealing how colonial and patriarchal systems intersected to control women's bodies and movements. At the same time, it underscores the ways in which women like Tajo resisted and reshaped these systems, exposing the instability and contradictions of colonial authority. As I left the conference, I reflected on the enduring relevance of Tajo's story. Her struggles remind us of the importance of centering marginalized voices in our understanding of history and justice. They also challenge us to confront the legacies of colonialism and patriarchy that continue to shape our world today. Tajo's resilience is a testament to the power of resistance and the enduring fight for dignity and equality—a fight that remains as urgent now as it was in her time. In the end, Wujuud-i-Zan was not just a conference but a celebration of women's voices, past and present, and a call to continue the work of dismantling the systems that seek to silence them. Tajo's story, like so many others, is a reminder that history is not just about the powerful but also about those who, against all odds, refuse to be erased
Express Tribune
10-02-2025
- Politics
- Express Tribune
Fazl threatens Islamabad march over tribal issues
PESHAWAR: Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has threatened to march on Islamabad if tribal issues remained unresolved, asserting that while his party remained loyal to Pakistan and its Constitution, it will not accept "forced decisions". Addressing a tribal jirga in Peshawar on Monday, he called for confidence-building measures, urging the government to address tribal grievances through jirgas. "If these jirgas fail to resolve the issues, we will march on Islamabad," he asserted. "If we can march for religious seminaries, we can march for the tribal people as well. History will remember you as occupiers and oppressors," the cleric-politician added. He said that he had consistently participated in tribal jirgas, including during the merger of the erstwhile Federally Administered Tribal Areas (FATA) into Khyber Pakhtunkhwa (K-P). He clarified that while his party did not oppose the merger outright, it had always insisted that the decision should not have been made without consulting the people of FATA. "Before the merger, a jirga had decided that the future of tribal areas should be left to the will of the people – whether they wanted to continue under the Frontier Crimes Regulation (FCR), become a separate province, or integrate into an existing one." A referendum was demanded on the issue, he added. He recalled that the state had promised peace in return for the merger, yet today, neither security nor stability exists in K-P and the tribal districts. "If there was peace, every individual's dignity and honour would be safeguarded. If there was peace, human rights would not be violated. If there was peace, there would be employment," he remarked, pointing to the worsening law and order situation. The cleric-politician said that Islam was a religion of peace and his party advocates for a peaceful system. "We are in parliament, but establishing an Islamic system remains our firm demand." "The Constitution mandates that no law contrary to Islam should be enacted, but we see a democracy devoid of implementation," he asserted. Fazl further questioned who truly upheld the Constitution in the country. "When we talk about the Constitution and the rule of law, we are accused of attempting to break the country. The Constitution is a sacred contract."
