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KAPCO appoints Lt-Gen Muhammad Saeed (retd) as chairman
KAPCO appoints Lt-Gen Muhammad Saeed (retd) as chairman

Business Recorder

time10 hours ago

  • Business
  • Business Recorder

KAPCO appoints Lt-Gen Muhammad Saeed (retd) as chairman

Kot Addu Power Company Limited (KAPCO) has appointed Lt. General Muhammad Saeed (retd) as the company's new chairman and director. The listed IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. 'We have to inform you that Lt. General Muhammad Saeed (retd) has/been appointed as chairman/director with effect from 2025-08-15 in place of Lt. General Sajjad Ghani (retd),' read the notice. Last month, KAPCO received shareholder approval to sell its Gas Turbines GT-3 and GT-4, along with associated components, to Rizwan Steel (Private) Limited for Rs800 million. It shared that Shahab Qader Khan, Chief Executive and/or Adolf Anthony Rath, company secretary, are authorised to dispose of the plant and machinery and to act on behalf of the company. Incorporated in Pakistan on April 25, 1996, as a public limited company, KAPCO's principal activities are to own, operate and maintain a multi-fuel-fired power station with fifteen generating units with a nameplate capacity of 1,600 MW in Kot Addu, Punjab. On June 27, 1996, following international competitive bidding by the Privatisation Commission Government of Pakistan, the company was privatised. In February 2005, the Privatisation Commission (on behalf of WAPDA) sold another 18% of WAPDA shareholding in the Company to the General Public and the Company became listed. The Company is currently listed on the Pakistan Stock Exchange.

Neelum Jhelum rehab crucial: WAPDA chief
Neelum Jhelum rehab crucial: WAPDA chief

Express Tribune

time06-08-2025

  • Business
  • Express Tribune

Neelum Jhelum rehab crucial: WAPDA chief

WAPDA Chairman Lt Gen (retd) Muhammad Saeed on Wednesday emphasised the timely completion of ongoing projects and the fast-tracking of the Neelum Jhelum Hydropower Project's rehabilitation, terming them crucial for Pakistan's water, food, and energy security. He made these remarks while presiding over a meeting at Wapda House. The chairman was briefed on Wapda's mandate, its completed mega projects in the water and power sectors, its role in the country's socio-economic development, and the progress of ongoing construction projects.

Bahria wins Shuhada-e-Traffic Police Trophy
Bahria wins Shuhada-e-Traffic Police Trophy

Express Tribune

time31-05-2025

  • Sport
  • Express Tribune

Bahria wins Shuhada-e-Traffic Police Trophy

Winners and runner-up teams of Shuhada-e-Traffic Police Trophy basketball tournament are seen with Secretary Police Sports Board Muhammad Saeed along with Shahida Parveen Kiyani and Ghulam Mohammad Khan after the final. PHOTO: APP Bahria College Karsaz claimed a resounding victory in the final to lift the Shuhada-e-Traffic Police Trophy Girls Basketball Tournament on Thursday night after defeating Blastik Ballers by 25-15 at the International Abdul Nasir Basketball Court in Aram Bagh. Standout performances were seen by Saleha Noor (10 points), Dua Batool (8 points), and Raheema Irfan (7 points) led Bahria College to victory. For the runner-up team, Fatima Idrees scored 8 points, and Urooj added 7. Organized under the patronage of DIG Traffic Peer Muhammad Shah and hosted by Firdous Ittehad with support from the Karachi Basketball Association (KBBA), the tournament paid homage to the martyrs of the traffic police. The final match was witnessed by a large, enthusiastic crowd of basketball fans. In the awards ceremony following the match, Dua Batool was named Girl of the Tournament while Saleha Noor was declared Girl of the Final. Muhammad Saeed, Secretary of the Police Sports Board, graced the event as the chief guest and distributed trophies, medals, certificates, and cash prizes among the players. He praised the organizers and commended the players for their sportsmanship and skill, announcing that the tournament will now be held annually to continue honoring the legacy of traffic police martyrs. Also in attendance were Shahida Parveen Kiyani, President, Firdous Ittehad, Ghulam Muhammad Khan, Director Sports, Commissioner Karachi, Rotarian Sheikh Aqeel Ahmed. In his remarks, Ghulam Muhammad Khan extended special thanks to DIGP Peer Muhammad Shah for not only sponsoring the event but also contributing generous cash prizes and gifts for participants. He offered a heartfelt tribute to the fallen heroes of the traffic police. To conclude the ceremony, Shahida Parveen Kiyani presented a souvenir to Muhammad Saeed on behalf of Firdous Ittehad, in recognition of his continued support for youth sports and the legacy of public service.

System errors may make 67,000 pilgrims miss Hajj
System errors may make 67,000 pilgrims miss Hajj

Express Tribune

time21-04-2025

  • Politics
  • Express Tribune

System errors may make 67,000 pilgrims miss Hajj

Almost 67,000 aspiring Pakistani pilgrims are at risk of losing their opportunity to perform Hajj allegedly due to system errors that delayed the processing of Hajj applications and the Saudi online portal closed on its deadline. The Hajj Organisers Association of Pakistan (HOAP) has appealed to the president, prime minister, and army chief to engage with the Saudi government to seek permission for the affected pilgrims. During a press conference at the Karachi Press Club, the Media Coordinator of the HOAP, Muhammad Saeed, requested the government to intervene in order to sort out the issue. He explained that the Saudi digital platform Nusuk was closed for application's submission a month earlier compared to prior year, resulting in issues for those whose visa applications were pending. He requested a 72-hour extension to be granted to them in order to secure visas for the remaining pilgrims. He stated that, Pakistan's total Hajj quota is 179,210, which is divided equally between the public and private sectors (50 per cent each). So far, only 23,000 applications have been confirmed, while 67,000 remain unconfirmed, of which 13,000 applicants have been excluded from the system. He noted that until 2024, extension had been granted in Saudi timeline for submission of applications, but this year, no such extension has been made in the deadline so far. Chairman of the Association, Zaeem Akhtar Siddiqui, added that the Government of Pakistan announced it's Hajj policy on November 27, 2024. Under this policy, the Ministry of Religious Affairs started accepting installment-based applications only for the government Hajj scheme from November 28 to March 25, in multiple phases. He further explained that on January 14, the ministry officially allowed the private sector to start receiving Hajj applications. Partial approvals for private Hajj packages were granted on January 8, and after addressing deficiencies, they were finalised by March 18. However, the Saudi system's deadline was February 21, after which it was closed.

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