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CPEC IPPs

Capacity tariff of Chinese IPPs: China appears unwilling to renegotiate?

Addressing APNS gathering, Chinese Ambassador to Pakistan Jiang Zaidong says IPPs helped resolve power issues in Pakistan

Updated 06 Sep, 2024 11:23am

PQEPC exploring options to resolve its financial woes

ISLAMABAD: Port Qasim Electric Power Company Limited (PQEPC) has reportedly discussed debt restructuring, loan...

Updated 02 Sep, 2024 09:22am

MoF asked to make CPEC SEZs tax-free

ISLAMABAD: The federal cabinet has directed Finance Ministry to clear dividends owed to Chinese firms operating in...

Updated 17 May, 2024 09:05am

Markets

Govt’s balancing act: incentivise solar, but not too much?

KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –...

Updated 10 May, 2024 09:51am

Markets

Ministry directed to clear CPEC IPPs’ dues

ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal has instructed the...

Published 01 May, 2024 04:14am

Coal shortage period: Chinese may be allowed to declare OFME

This understanding will be part of minutes of next Energy Planning Expert Panel (EPEP) of China Pakistan Economic Corridor

Updated 19 Mar, 2024 09:50am

PPIB urges SBP to clear $789m ‘dues’ of IPPs

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has urged State Bank of Pakistan (SBP) to clear “pending...

Updated 16 Feb, 2024 09:21am

Side pact with coal-fired IPPs: ECC refuses to extend support to Power Division

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has reportedly refused to extend support to the...

Updated 13 Jan, 2024 05:03pm

Disappointing signal for PM’s visit: Pak-China Business, Investment Forum event cancelled

ISLAMABAD: Caretaker Prime Minister Anwar-ul-Haq’s visit to China to participate in the 3rd Build and Road Forum...

Updated 16 Oct, 2023 09:46am

PBC floats proposals aimed at reducing power tariff

ISLAMABAD: Pakistan Business Council (PBC) has floated proposals to slash electricity tariff up to Rs 6.5 per unit...

Updated 14 Oct, 2023 05:24pm

PPIB urges SBP to clear $700m dues of power projects

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has urged State Bank of Pakistan (SBP) to clear pending...

Updated 02 Oct, 2023 10:00am

Power sector quagmire: Implementation of 3-pronged strategy begins

Sources say government will start energy conservation drive from next month, engage with Chinese top leadership and top bosses of Chinese power plants, and crackdown on electricity theft from Sept 7

Updated 08 Sep, 2023 11:44am

Power projects under CPEC: Contract renegotiation proposals may again be floated

ISLAMABAD: Pakistan is likely to again float proposals to Chinese government for renegotiation on contracts of power...

Updated 05 Sep, 2023 09:09am

Updated CDMP as per SBA yet to be approved

ISLAMABAD: The pledge for the Cabinet to approve an updated Circular Debt Management Plan (CDMP) by end-July 2023 as...

Updated 09 Aug, 2023 09:16am

CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment

Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24

Updated 08 Jul, 2023 05:15pm

Clearing liabilities of CPEC IPPs: ECC relaxes conditions to allow use of Rs21bn as advance payment

ISLAMABAD: The Economic Coordination Committee (ECC) has relaxed conditions to allow use of Rs20.726 billion as...

Updated 29 Jun, 2023 03:23pm

Power sector subsidy: Finance shows willingness to allocate Rs450bn

ISLAMABAD: Finance Division has reportedly shown willingness to allocate Rs 450 billion for power sector subsidy in...

Updated 17 May, 2023 09:10am

Rs300bn dues of CPEC IPPs likely to be cleared next month

Power Division, sources say, has sought an amount of Rs700bn from Finance Division in federal budget 2023-24 to clear overdue payments of IPPs, CPEC IPPs and equity injection

Updated 06 May, 2023 12:35pm

Imported coal-fired IPPs: PMO seeks update on capacity payment deduction issue

Power Division says CPPA-G deducting capacity payment because IPPs are unable to dispatch electricity

Updated 19 Apr, 2023 09:11am

CPEC IPPs: CPPA-G asked to stop capacity payment cuts

ISLAMABAD: Minister for Planning, Development and Special Initiatives, Ahsan Iqbal has barred the Central Power...

Updated 27 Mar, 2023 12:04pm

CPEC IPPs: EPTL threatens to shut down plant

ISLAMABAD: M/s Engro Powergen Thar Private Limited (EPTL) has cautioned the federal government that it would shut...

Updated 27 Mar, 2023 11:38am

CPEC IPPs: Power Div asked to sort out revolving account issues

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Power Division to hold a meeting with SAPM on Power,...

Updated 09 Mar, 2023 08:55am

CPEC IPPs: Govt willing to amend PERA to satisfy Chinese lenders

ISLAMABAD: The government has reportedly shown willingness to amend/ modify Pakistan Energy Revolving Account (PERA)...

Updated 27 Feb, 2023 08:41am

Revolving fund account for CPEC IPPs approved: ECC allows import of 0.583MTs of wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed the import of 0.583 million tonnes ...

Updated 06 Dec, 2022 09:35am

Power projects: Huge receivables hurdle to new Chinese funding

Issue of receivables and opening of revolving account for Chinese CPEC IPPs is still pending with their receivables now over Rs 300 billion

Updated 21 Nov, 2022 10:06am

ECC allows Russian wheat import on G2G basis

Also decides to open Pakistan Energy Revolving Fund (PERF) to resolve pending matter of CPEC-IPPs ahead of Prime Minister’s visit to China

Updated 01 Nov, 2022 10:43am

Financial closure of 3 power projects: Govt seeks Sinosure’s support

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 10	284.60
USD PKR Interbank Buying / Jul 10	284.40
USD to Japanese Yen / Jul 10	146.33
USD to Swiss Franc / Jul 10	0.79
Pound Sterling to USD / Jul 10	1.36
Euro to USD / Jul 10	1.17
UK LIBOR % / Jul 9	4.96

Stock	Volume
S&P 500 / Jul 9	6,263.26
Nasdaq / Jul 9	20,608.23
FTSE 100 / Jul 9	8,867.02
Dow Jones / Jul 9	44,458.30
Germany DAX 30 / Jul 9	24,549.56
France CAC40 / Jul 9	7,878.46
India Sensex / Jul 10	83,178.25
Tokyo Nikkei / Jul 10	39,635.72
Hang Seng / Jul 10	23,993.59

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 9	16,585
Gold 10 Grams PKR / Jul 9	301,354
Petrol/Litre / Jul 10	266.79
Crude Oil USD/Barrel / Jul 10	68.49
Gold Spot USD/Ounce / Jul 10	3,325.15
Diesel/Litre / Jul 10	272.98
Cotton US¢/pound / Jul 10	67.73

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Jul 10 Premier Insurance Limited(PINL)	8.30 ▲ 1 (13.7%)
First IBL Mod. / Jul 10 First IBL Modaraba(FIBLM)	5.20 ▲ 0.6 (13.04%)
Kohinoor Ind. / Jul 10 Kohinoor Industries Limited(KOIL)	14.80 ▲ 1.35 (10.04%)
Habib Insurance / Jul 10 Habib Insurance Company Limited(HICL)	11.52 ▲ 1.05 (10.03%)
Beco Steel Ltd / Jul 10 Beco Steel Limited(BECO)	28.89 ▲ 2.63 (10.02%)
Ghazi Fabrics / Jul 10 Ghazi Fabrics International Limited(GFIL)	12.74 ▲ 1.16 (10.02%)
J.A.Textile / Jul 10 J.A. Textile Mills Limited(JATM)	29.76 ▲ 2.71 (10.02%)
Zahid Jee Textile / Jul 10 Zahidjee Textile Mills Limited(ZAHID)	85.54 ▲ 7.78 (10.01%)
Blessed Tex. / Jul 10 Blessed Textiles Limited(BTL)	382.16 ▲ 34.74 (10%)
Bannu Woollen / Jul 10 Bannu Woollen Mills Limited(BNWM)	102.59 ▲ 9.33 (10%)

Stock	Price
TPL Trakker Ltd / Jul 10 TPL Trakker Limited(TPLT)	8.02 ▼ -1 (-11.09%)
Trust Mod. / Jul 10 Trust Modaraba(TRSM)	8.72 ▼ -1 (-10.29%)
Fateh Ind. / Jul 10 Fateh Industries Limited(FIL)	133.70 ▼ -14.85 (-10%)
F.Credit & Inv / Jul 10 First Credit and Investment Bank Limited(FCIBL)	16.13 ▼ -1.79 (-9.99%)
Din Tex. / Jul 10 Din Textile Mills Limited(DINT)	105 ▼ -9.6 (-8.38%)
Nazir Cotton Mills / Jul 10 Nazir Cotton Mills Limited(NCML)	13.81 ▼ -1.19 (-7.93%)
Nets Internat.Comm. / Jul 10 Nets International Communication Limited(GEMNETS)	28 ▼ -2 (-6.67%)
Redco Textile / Jul 10 Redco Textiles Limited(REDCO)	26.25 ▼ -1.62 (-5.81%)
Haseeb Waqas / Jul 10 Haseeb Waqas Sugar Mills Limited(HWQS)	21.25 ▼ -1.28 (-5.68%)
TPL Corp Ltd / Jul 10 TPL Corp Limited(TPL)	5.65 ▼ -0.33 (-5.52%)

Stock	Volume
B.O.Punjab / Jul 10 The Bank of Punjab(BOP)	54,613,555 ▲ 0.35
Kohinoor Spining / Jul 10 Kohinoor Spinning Mills Limited(KOSM)	22,298,329 ▲ 0.11
Fast Cables / Jul 10 Fast Cables Limited(FCL)	18,672,083 ▲ 1.08
Aisha Steel Mill / Jul 10 Aisha Steel Mills Limited(ASL)	16,370,417 ▲ 0.22
Ghani Chemworld / Jul 10 Ghani Chemworld Limited(GCWL)	15,602,370 ▼ -0.51
Secure Logistics / Jul 10 Secure Logistics Group Limited(SLGL)	13,217,806 ▲ 0.78
Beco Steel Ltd / Jul 10 Beco Steel Limited(BECO)	12,343,469 ▲ 2.63
WorldCall Telecom / Jul 10 Worldcall Telecom Limited(WTL)	12,342,216 ▼ -0.02
Invest Bank / Jul 10 Invest Capital Investment Bank Limited(ICIBL)	11,805,755 ▲ 0.83
Big Bird Foods / Jul 10 Big Bird Foods Limited(BBFL)	10,309,092 ▲ 1.12

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