The Pakistan Aviation Authority (PAA) said on Friday that the search for the crew of a cargo plane that crashed into the Arabian Sea was ongoing, adding that additional wreckage had been located. In a statement, the authority said the search and rescue missions by the Pakistan Navy and Pakistan Maritime Security Agency in the deep sea were still in progress. “The search for the crew members is continuing with full vigour through the coordinated employment of aerial and sea-borne assets,” it said. “Additional parts and debris of the ill-fated aircraft have been located and retrieved for subsequent analysis by the investigation team,” it said, adding that updates would be shared as the search and rescue operations continued. On Tuesday night, a K2 Airways Boeing 737-400 cargo aircraft en route from Sharjah to Karachi had disappeared from radar over the Arabian Sea, about 300 kilometres west of Karachi, while approaching Pakistani airsp...
The World Bank’s (WB) Board of Executive Directors has approved $375.9 million in financing for Pakistan’s Grid Stability Enhancement Project to strengthen the country’s national power transmission network. According to a press release issued by the WB, the project is being implemented under the Boosting Energy Security through Transmission in Pakistan (BEST-PAK) Multiphase Programmatic Approach (MPA). It said the project is the first phase of a 10-year programme aimed at helping Pakistan modernise its “electricity transmission network, reduce power outages and bring more clean energy to homes, businesses and industries”. “Pakistan’s energy challenges are deeply interconnected with its broader economic stability,” WB Country Director Bolormaa Amgaabazar was quoted as saying. “By investing in advanced technologies for more resilient transmission infrastructure, this project will contribute to reducing electricity costs, bring more renewable energy on...