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HEC and OGDCL to Sponsor 260 Need-cum-Merit Based Scholarships to Students of Different Universities

HEC and OGDCL to Sponsor 260 Need-cum-Merit Based Scholarships to Students of Different Universities


Sumera Saeed | December 21, 2016 | category: Education

HEC and OGDCL to Sponsor 260 Need-cum-Merit Based Scholarships to Students of Different Universities

A Memorandum of Understanding (MoU) has been signed by Higher Education Commission (HEC) and Pakistan and Oil and Gas Development Company Limited (OGDCL) in order to provide 260 scholarships to the students of different universities under need-cum-merit based scholarships.

The MoU ceremony was attended by Shahid Khaqan Abbasi, Federal Minister for Petroleum and Natural Resources Dr. Mukhtar Ahmed, Chairman HEC, Dr. Arshad Ali, Executive Director HEC and Zahid Mir, Managing Director OGDCL.

Nearly 13o scholarships will be attributed to Engineering students while the rest of scholarships will be granted to students from different disciplines. Shahid Khaqan Abbasi said that more than 70 scholarships will be given to vocational training of poverty-stricken students under another MoU later signed between the OGDCL and the Hunar Foundation.

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The fund worth Rs. 141 million is to be spent in order to bestow the scholarships to students, he added.

Dr. Mukhtar Ahmed, while addressing to media about HEC initiatives for human resource development, said that key to all problems prevailing in the country lies in promotion of education. He said since the launch of HEC in 2002, more than 200000 scholarships have been awarded.

On the other hand Zahid Mir has underlined the noticeable features of the scholarship programme. He said the OGDCL intended to use one percent of their pre tax profit on their CSR initiatives.

He also said that it is hoped that the current scholarship programme will be of a great worth just like the organization’s scholarship programme last year which made tremendous results.

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