Trends - circular debt - Business Recorder

circular debt

Growing circular debt harming financial viability of power sector: Nepra

In its State of Industry Report 2021, authority says biggest challenge is the high cost of electricity for which there are several reasons

Updated 01 Oct, 2021 12:19pm

Markets

Circular debt exceeds Rs2.3trn: State-owned Discos’ losses reach Rs1.35trn: think tank

ISLAMABAD: The state-owned electricity Distribution Companies’ performance has depicted a gloomy picture as their...

Published 01 Oct, 2021 04:07am

Govt successfully completes six actions to cut circular debt: Omar

ISLAMABAD: Federal Minister for Economic Affairs Omar Ayub Khan said that Pakistan successfully completed six ...

Updated 30 Sep, 2021 10:38am

Power projects: Banks are put off financing by rising circular debt

Circular debt has reached Rs2.327 trillion as of August 31, 2021
Power Division is even unable to make due payments to Chinese companies that have established power projects in Pakistan

Updated 27 Sep, 2021 10:29am

Assets due from govt viz circular debt: Requirements contained in IFRS 9 waived off: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has waived off a requirement for submission of...

Published 21 Sep, 2021 03:03am

Energy sector’s circular debt soars to Rs2.28trn

ISLAMABAD: The country’s energy sector circular debt has increased by over 2000 per cent to Rs 2.280 trillion in ...

Updated 16 Sep, 2021 10:06am

Pakistan

DISCOs: Govt mulling changing regulation mechanism

LAHORE: In order to encourage competition, the federal government is mulling changing the pattern of the power...

Published 10 Sep, 2021 04:41am

Energy sector circular debt shows contained growth in FY21

ISLAMABAD: The country's energy sector circular debt reached Rs 2.28 trillion in FY 2020-21 from Rs 2.15 trillion in...

Updated 21 Aug, 2021 07:38pm

BR Research

Are E&P charms returning?

With oil and gas exploration and production flows weakening over the few years, reserves running dry, and ...

Published 02 Aug, 2021 08:40am

Business & Finance

ECC has approved financial setoff mechanism for govt-owned IPPs: Hammad Azhar

Minister for Energy says this will reduce circular debt by Rs116 billion

Published 16 Jul, 2021 02:19pm

BR Research

Gas circular debt keeps mounting

The gas circular debt is growing (read “Gas Circular Debt” published on 10th Feb 2021). The gas circular debt is...

Published 06 Jul, 2021 08:28am

BR Research

Wholesale power market – who will pay for delays?

If things go smooth, Pakistan may finally have a wholesale electricity market up and running by April 2022, as the...

Published 24 Jun, 2021 07:40am

Business & Finance

SBP introduces Master Circular on eCIB

Measure taken to facilitate meticulous compliance, and help make informed/timely lending decisions

Published 22 Jun, 2021 04:15pm

BR Research

Power subsidies: High yet adequate

Electricity tariffs are not going to go up in FY22. This is the loud and clear message from the budget document. The...

Published 15 Jun, 2021 07:30am

Circular debt may hit Rs2.7trn mark

ISLAMABAD: The energy sector's circular debt is likely to touch Rs 2.7 trillion in fiscal year 2021-22 in case the...

Published 05 Jun, 2021 04:08am

BR Research

Peak industrial tariff: To abolish or not

The federal government has filed a motion with the power regulator for extension of abolishment of time-of-use...

Published 28 May, 2021 07:35am

Opinion

Circular debt — I: Worse still to come?

Circular debt issue is getting more serious by the day. Worse has yet to come with the installation of new capacity...

Published 27 May, 2021 03:40am

BR Research

Electricity generation (cost) rises

For the second month running, electricity fuel tariff monthly adjustment has returned negative value. April 2021...

Published 26 May, 2021 07:30am

Pakistan

Circular debt declines by Rs 189bn in 10 months: Asad Umar

Asad Umar said the government was improving performance and clearing mess inherited from PML-N in every sector.

Published 25 May, 2021 06:26pm

Business & Finance

Circular debt declines Rs 189bn during July-April: Umar

The federal minister said that this ‘huge improvement’ in the circular debt buildup against the last year of PML-N government has been achieved despite massive increase in capacity payments caused by decisions committed by the former government.

Published 25 May, 2021 11:27am

BR Research

Delayed adjustments come with a cost

The energy minister stamped the verdict the other day, what was becoming increasingly evident from the ...

Published 25 May, 2021 07:25am

BR Research

PSO – volumes driving earnings again!

After a stressful FY20 where petroleum product volumes sold by the oil marketing companies slithered due to lockdown...

Published 03 May, 2021 07:35am

BR Research

KAPCO – earnings slip with utilization

Kot Addu Power Company Limited (PSX: KAPCO) announced its financial performance for 9MFY21 last week where its...

Published 27 Apr, 2021 07:35am

Business & Finance

Circular debt build-up has made power sector financially challenging, says Azhar

Secretary Power briefed Hamamd about the efforts being made for the reformation of the Power sector with a view to providing maximum relief to the electricity consumers.

Published 17 Apr, 2021 10:55am

BR Research

EPQL – improvement in merit order

Engro Powergen Qadirpur Limited (PSX: EPQL) a subsidiary of Engro Energy Limited and formerly known as Engro ...

Published 15 Apr, 2021 07:40am

BR Research

An interview with Syed Moonis Abdullah Alvi, CEO, K-Electric

“Our aim is to make K-Electric sustainable.” A chartered accountant by profession, Syed Moonis Abdullah ...

Published 02 Apr, 2021 07:40am

BR Research

Saif Power working it through

Saif Power Limited (PSX: SPWL) - a subsidiary of the Saif Group – announced its financial performance for 2020...

Published 31 Mar, 2021 07:38am

BR Research

PSX & the frenzy of “blue-eyed” stocks

Covid has turned the tables in the international financial markets. The liquidity pumped into the system is...

Published 30 Mar, 2021 07:25am

BR Research

IMF is back

No surprise, as expected, the IMF programme is back. Four pending reviews (2nd to 5th) are completed and $500 ...

Published 26 Mar, 2021 07:25am

BR Research

Power demand: industry grows, domestic drops

The country’s power generation (ex-KE) continues to grow at a very modest rate. The 8MFY21 generation numbers are...

Published 25 Mar, 2021 07:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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