AIRLINK 173.68 Decreased By ▼ -2.21 (-1.26%)
BOP 10.82 Decreased By ▼ -0.16 (-1.46%)
CNERGY 8.26 Increased By ▲ 0.26 (3.25%)
FCCL 46.41 Increased By ▲ 0.29 (0.63%)
FFL 16.14 Increased By ▲ 0.07 (0.44%)
FLYNG 27.80 Increased By ▲ 0.38 (1.39%)
HUBC 146.32 Increased By ▲ 2.36 (1.64%)
HUMNL 13.40 Increased By ▲ 0.05 (0.37%)
KEL 4.39 Decreased By ▼ -0.11 (-2.44%)
KOSM 5.93 Decreased By ▼ -0.05 (-0.84%)
MLCF 59.66 Increased By ▲ 0.16 (0.27%)
OGDC 232.73 Decreased By ▼ -0.02 (-0.01%)
PACE 5.80 Decreased By ▼ -0.08 (-1.36%)
PAEL 47.98 Increased By ▲ 0.50 (1.05%)
PIAHCLA 17.75 Decreased By ▼ -0.22 (-1.22%)
PIBTL 10.40 Decreased By ▼ -0.18 (-1.7%)
POWER 11.32 Decreased By ▼ -0.06 (-0.53%)
PPL 191.48 Decreased By ▼ -1.82 (-0.94%)
PRL 36.83 Decreased By ▼ -0.17 (-0.46%)
PTC 23.20 Decreased By ▼ -0.57 (-2.4%)
SEARL 98.76 Decreased By ▼ -1.11 (-1.11%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.62 Decreased By ▼ -0.57 (-1.53%)
SYM 14.70 Decreased By ▼ -0.25 (-1.67%)
TELE 7.73 Decreased By ▼ -0.02 (-0.26%)
TPLP 10.75 Decreased By ▼ -0.12 (-1.1%)
TRG 66.01 Increased By ▲ 0.87 (1.34%)
WAVESAPP 10.82 Decreased By ▼ -0.09 (-0.82%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
YOUW 3.79 Decreased By ▼ -0.02 (-0.52%)

LAHORE: Pakistan Petroleum Limited (PPL), a leading E&P company since the early 1950s and one of the largest corporate donors in the country, has funded the establishment of ‘Center of Excellence for Research, Development & Training (CERDT)’ at University of Engineering and Technology (UET), Lahore.

UET, Lahore, is one of the prestigious engineering universities in the country and was established in 1921. It has played a leading role in education, research and training of professionals over the years.

MD and CEO PPL Imran Abbasi presented the cheque for the first tranche of Rs. 21 million for the establishment of CERDT to Vice Chancellor, UET Lahore, Professor Dr. Syed Mansoor Sarwar at a simple ceremony held on April 26 at UET, Lahore. Abbasi also laid the Foundation stone and was briefed on the Project at site. Officials from both organizations were present on the occasion.

As such, PPL has committed an overall grant of Rs 51.1 million over the next three years which covers construction and completion of CERDT building along with procurement of furniture, equipment and simulation tools.

Speaking on the occasion Abbasi highlighted that as a major stakeholder in fulfilling the country’s energy requirements, PPL remains committed to investing in human resource development and use of latest technology for the Exploration & Production sector through academia-industry partnership under its Corporate Social Responsibility programme.

Copyright Business Recorder, 2023

Comments

Comments are closed.