Trends - electricity - Business Recorder

electricity

Nawaz visits Murree, steps up criticism of PTI

MURREE: Supreme leader of Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif has said that political gains hold no...

Updated 24 Nov, 2023 11:01am

Markets

Continuous increase in price of electricity & gas beyond tolerance

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 23 Nov, 2023 03:19am

Hydel projects: PM orders payment of arrears to KP

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed that Khyber-Pakhtunkhwa should immediately be...

Updated 23 Nov, 2023 09:24am

Markets

Pakistan’s power generation cost declines over 8% in October

At a time of rising electricity bills, the cost of power generation in Pakistan saw a decline of over 8% in October...

Updated 21 Nov, 2023 09:46pm

Pakistan

Lesco dismisses meter reader for being power theft

LAHORE: The Lahore Electric Supply Company (Lesco) management has dismissed one meter reader from service on account...

Published 18 Nov, 2023 06:03am

Power transmission network in Punjab, KP: ADB approves $250m in loans

ISLAMABAD: The Asian Development Bank (ADB) has approved $250 million in loans that will help deliver reliable...

Updated 18 Nov, 2023 09:35am

Markets

PSA aims at achieving 60pc renewable electricity by 2030

LAHORE: Pakistan Solar Association (PSA) Chairman Amir Chaudhry has vowed to collaborate with the government in...

Published 18 Nov, 2023 06:03am

‘Winter package’ not allowed to see the light of day

Govt fails to secure nod for industry package from IMF, sources says

Updated 14 Nov, 2023 02:34pm

Markets

Nepra grants transmission licence to Punjab Grid Company Ltd

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has granted transmission licence to Punjab Grid...

Published 09 Nov, 2023 05:38am

FCA for Sep 23: Nepra allows Discos Re0.4/unit tariff hike

ISLAMABAD; National Electric Power Regulatory Authority (Nepra) has notified positive adjustment of Paisa 40 per...

Updated 09 Nov, 2023 10:20am

Markets

Need stressed for reducing cost of power production, ending uniform tariff policy

LAHORE: There is a need to bring the cost of production of power down in order to reduce the electricity tariff and...

Published 07 Nov, 2023 06:33am

Pakistan

Power theft detected at 110 houses, hostel and embroidery unit

LAHORE: During its ongoing anti-electricity theft campaign, the Lahore Electric Supply Company (LESCO) teams ...

Published 27 Oct, 2023 05:16am

Opinion

Real cost of cross subsidies

No other commodity in Pakistan creates more economic distortions than electricity. Normal goods, public goods,...

Updated 26 Oct, 2023 06:33am

Industrial consumers: Three options tailored for ‘winter package’

ISLAMABAD: Power Division has tailored three options for country-wide four months (November 2023 to February 29,...

Updated 26 Oct, 2023 08:45am

World

Nigeria wins multi-billion-dollar damages appeal

LONDON: Nigeria won an appeal on Monday to overturn a multi-billion-dollar damages bill in a long-running ...

Published 24 Oct, 2023 05:05am

Markets

Wapda provides 15.002bn units to national grid during Q1 2023-24

LAHORE: Fiscal year 2023-24 is turning out to be a good year for hydel electricity generation in Pakistan as Wapda...

Published 20 Oct, 2023 05:17am

Opinion

Capacity payments conundrum

The matter of increased capacity payments to power plants has sparked a heated controversy. In recent years, these...

Updated 19 Oct, 2023 05:34am

KE seeks more electricity from national grid

ISLAMABAD: K-Electric (KE) has sought additional capacity of up to 300-MW from the national grid, increasing supply...

Updated 16 Oct, 2023 09:19am

Markets

Renewable energy: China can sculpt a sustainable blueprint for Pakistan

ISLAMABAD: On the 10th anniversary of China’s influential Belt and Road Initiative (BRI), the evolving partnership...

Published 16 Oct, 2023 05:47am

Business & Finance

‘Cheap electricity be provided to industries’

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and...

Published 12 Oct, 2023 05:57am

‘Inflated’ bills: Intelligence agency comes to the rescue of power consumers?

Agency has prompted caretaker government to intervene and take action to provide immediate relief

Updated 10 Oct, 2023 12:40pm

Cheap power during winter months: Package for industry on the cards

The impact of incremental package will be around Rs 25 billion

Updated 09 Oct, 2023 09:53am

Pakistan

Inflation in Nawaz’s tenure was ‘just 2 percent’: Maryam

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Senior Vice President Maryam Nawaz Sunday said that the crowd shows...

Updated 09 Oct, 2023 09:43am

Markets

Power theft detected at a Lahore hotel, Rs7m fine imposed on owner

LAHORE: Lahore Electric Supply Company (LESCO) has detected pilferage on an electricity connection of a nine-storey...

Published 09 Oct, 2023 06:24am

Cos producing power from generators: SC reserves judgement in levy of electricity duty case

ISLAMABAD: The Supreme Court reserved judgment in the levy of electricity duty on the companies which produce power...

Updated 07 Oct, 2023 09:55am

KE tariff hiked up to Rs4.45

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has increased KE’s tariff ranging from Rs 1.49...

Updated 28 Sep, 2023 10:17am

Business & Finance

Industrialist underscores need for reducing electricity losses

LAHORE: Chairman Kattar Band Road Industrial Association and former vice president of Lahore Chamber of Commerce and...

Published 28 Sep, 2023 05:33am

Boosting industrial competitiveness: SIFC executive body seeks a financial plan

Executive Committee directs financial plan be prepared to introduce industrial tariffs based on cost of service to tackle issue of cross subsidy for domestic users

Updated 25 Sep, 2023 09:56am

Identifying new taxpayers: Shamshad seeks data of electricity users

ISLAMABAD: The caretaker Minister for Finance and Revenue, Dr Shamshad Akhtar, has sought updated data of...

Updated 25 Sep, 2023 09:31am

Opinion

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy...

Published 21 Sep, 2023 06:37am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 30 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 30 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 30 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	7.98 ▲ 0.69 (9.47%)
Samba Bank / Nov 30 Samba Bank Limited(SBL)	8.57 ▲ 0.72 (9.17%)
Media Times Ltd / Nov 30 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 30 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 30 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Image Pakistan / Nov 30 Image Pakistan Limited(IMAGE)	19.05 ▲ 1.33 (7.51%)
Prosperity Weav / Nov 30 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)

Stock	Price
Tri-Star Mutual / Nov 30 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 30 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 30 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 30 Pak-Gulf Leasing Company Limited(PGLC)	6.80 ▼ -0.70 (-9.33%)
Premier Insurance / Nov 30 Premier Insurance Limited(PINL)	7.23 ▼ -0.67 (-8.48%)
GOC (Pak) / Nov 30 GOC (Pak) Limited.(GOC)	55.41 ▼ -4.49 (-7.50%)
J.A.Textile / Nov 30 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	35.66 ▼ -2.88 (-7.47%)
Feroze 1888 / Nov 30 Feroze1888 Mills Limited(FML)	86.10 ▼ -6.90 (-7.42%)

Stock	Volume
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.03
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.02
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	44,327,667 ▲ 0.19
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 30 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.01
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	24,938,598 ▼ -0.13
Ghani Chem. Ind. / Nov 30 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.27
TPL Properties / Nov 30 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.19
Oil & Gas Dev. / Nov 30 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.67
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	12,454,526 ▼ -1.30

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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