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Articles for tag: auctioned, Electricity, Latest

December 25, 2025

News Desk

800 MW of electricity will be auctioned

The Power Division gains capabilities for integrated energy planning, focusing on provincial, federal needs Electricity pylons of high voltage power lines are seen at sunset. PHOTO: REUTERS Islamabad: The Cabinet Committee on Energy (CCOE) on Wednesday approved guidelines for the auction of 800 megawatts to open up the electricity market to competition among various players. Chief Minister Shehbaz Sharif chaired the CCOE meeting. The guidelines aim to allocate 800 MW of electricity through a transparent and competitive auction mechanism and will remain in place for a period of five years. During the meeting, the Department of Energy (Electricity Division) sought

November 28, 2025

News Desk

Blockbuster memorabilia to be auctioned in London

. LONDON: From Will Ferrell’s ‘Elf’ costume to ‘Star Wars’ props, an extensive collection of movie memorabilia spanning cinematic history is set to go under the hammer next month. Propstore’s Winter Entertainment Memorabilia live auction, scheduled for December 5-7, will feature more than 1,350 lots with a total estimated value of £8m. Topping the auction is Boba Fett’s EE-3 carbine from ‘Star Wars: The Empire Strikes Back’, valued at between £350,000 and £700,000. “It only came to us about a year ago and we spent several weeks examining it almost on a forensic level. We even matched the wood grain

November 12, 2025

News Desk

Bob Ross paintings to be auctioned to support public television

The president of Bob Ross Inc. he thinks this is what the painter would have wanted LOS ANGELES: Three original paintings by iconic television artist Bob Ross will be auctioned by Bonhams in Los Angeles on Tuesday in a sale aimed at supporting public television stations across the United States. The sale, organized by American Public Television (APT), is part of the largest release of Ross originals ever offered to the public. Thirty paintings in total will be auctioned, with all net proceeds benefiting public service broadcasting. Two of the paintings on display before the auction were created in Ross’s

November 14, 2023

News Desk

1962 Ferrari is auctioned for $51.7 million in New York

NEW YORK: A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby’s said. The bright red roadster has been owned by an American collector for the past 38 years and its auction price was only surpassed by a Mercedes 300 SLR Uhlenhaut Coupe that went for 135 million euros in 2022, the auction house said. That would be $144 million at today’s exchange rate. The 250 GTO was released on Monday afternoon after minutes of bidding on the auction floor, but at

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