Trends - Electricity Supply - Business Recorder

Electricity Supply

Power utilities have no role in setting prices: K-Electric

KARACHI: K-Electric spokesperson reiterated that the company understands the prevailing concerns regarding the...

Updated 31 Aug, 2023 09:26am

UoSC payment to NTDC: Tax dept issuing notices to Discos for not deducting WHT

LAHORE: The Income Tax department is issuing notices to the power distribution companies (Discos) for not deducting...

Updated 25 Aug, 2023 09:43am

World

Nigeria cuts electricity to Niger after coup

NIAMEY: Nigeria has cut its electricity supply to Niger after West African neighbours imposed sanctions on the junta...

Published 03 Aug, 2023 05:55am

Markets

Investment in renewable energy projects can help reduce power shortfall

KARACHI Pakistan is currently experiencing the peak of summer, accompanied by the misery of prolonged power outages,...

Published 16 Jul, 2023 06:16am

Business & Finance

Iraq, TotalEnergies sign agreement for delayed $10bn deal

BAGHDAD: Iraq on Monday signed agreements with TotalEnergies for a $10 billion set of projects that aim to improve...

Published 11 Jul, 2023 06:08am

PM, Iranian president to open border projects today

ISLAMABAD: Prime Minister Shehbaz Sharif and President of Iran Seyed Ebrahim Raisi will jointly inaugurate...

Updated 18 May, 2023 09:35am

Smooth power supply ordered: Minister briefs PM about power sector projects

LAHORE: Prime Minister Shehbaz Sharif has asked the authorities concerned to take effective measures for smooth...

Updated 30 Apr, 2023 09:29am

Markets

Sindh decides to set up ‘SEPRA’ to end ‘energy poverty’

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, presiding over a cabinet meeting at CM House, decided to ...

Published 13 Apr, 2023 06:37am

Opinion

Power transmission as ‘service’

The federal government has finally relented to pressure and agreed to treat power transmission as a service from the...

Updated 12 Apr, 2023 07:25am

Cold storages: Nepra grills Gepco team for supply on non-commercial rates

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) Tuesday grilled Gujranwala Electric Power Company...

Updated 12 Apr, 2023 08:38am

Tariff agreed with Iran on additional 100MW power to Gwadar

ISLAMABAD: Iran is said to have agreed on a deal of providing additional 100-MW electricity to Gwadar at a rate...

Updated 20 Mar, 2023 09:02am

Business & Finance

HCCI chief urges Hesco to avoid load management in Ramazan

HYDERABAD: President Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has urged Hyderabad Electric...

Published 20 Mar, 2023 06:12am

Financial obligations: Chinese firm urges CPPA-G to allocate maximum funds

CPPA-G has allocated Rs 2.93 billion to CPHGC till March 10, 2023

Updated 17 Mar, 2023 11:33am

Supply to Gwadar: Iran invited to discuss additional 100MW electricity tariff

ISLAMABAD: Pakistan has reportedly invited Iranian Energy Minister Ali Akbar Mehrabian to discuss tariff of...

Updated 04 Mar, 2023 09:03am

Talks on power as hot season arrives early

Prime Minister Shehbaz Sharif directs no load shedding should be done during Sehar and Iftar in Ramazan

Updated 01 Mar, 2023 09:13am

Pakistan

Supply of electricity to Karachi restored, finally

KARACHI: Power supply to Karachi including residential, commercial and industrial zones, KWSB’s water pumping...

Published 25 Jan, 2023 06:25am

Markets

Ukrainian grain traders ask govt to ensure power supply

KYIV: The Ukrainian grain traders union UGA asked the government on Tuesday to ensure priority supplies of...

Published 14 Dec, 2022 07:46am

Zero-rated industries: MoF clueless about how to fund concessional power

Insiders claim government’s decision to provide electricity to five zero-rated sectors @ Rs 19.99/ kWh may become stumbling block in success of forthcoming ninth quarterly IMF review

Updated 25 Oct, 2022 11:34am

Markets

FESCO provides electricity to 48 villages

FAISALABAD: The Faisalabad Electric Supply Company (FESCO) provided electricity to 48 villages falling in its...

Published 12 Oct, 2022 07:23am

Business & Finance

Five zero-rated sectors’ concessional tariff issue to be resolved soon: MoC

ISLAMABAD: Ministry of Commerce (MoC) said on Monday that the issue of electricity supply to five zero rated sectors...

Updated 04 Oct, 2022 09:41am

Markets

PM told: 406 electricity supply feeders affected across country

ISLAMABAD: Prime Minister Shehbaz Sharif was informed that 406 electricity supply feeders were affected across the...

Published 03 Sep, 2022 04:25am

Markets

Export-oriented sectors: Govt backs out of subsidised power decision

Insiders claim that the decision has been taken to meet the conditions of International Monetary Fund (IMF) as the Fund has not supported additional funding for export-oriented industry

Updated 23 Aug, 2022 09:25am

Operational modalities sought to supply electricity to SEZs

Govt directs power distribution companies to finalise plans as there is no bar on providing electricity to industrial units within Zones under CPEC

Updated 07 Aug, 2022 12:00pm

Export-oriented sectors: Govt has agreed to supply energy without disparity

Incentive given for one year, it will expire on June 30, 2023

Updated 25 Jul, 2022 12:20pm

Non-availability of forex: CPHGC lands in hot water as SBP stops payments

Suspension of payments causes it to default on payments to its coal suppliers

Updated 22 Jul, 2022 09:38am

Govt to import 100MW of power from Iran for Gwadar

TEHRAN: Pakistan and Iran have discussed steps to expedite the electricity supply project aiming at the import of...

Updated 21 Jun, 2022 09:53am

Pakistan

2-day visit starts today: Bilawal to take up trade, power supply with Iranian FM

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari will leave on a two-day official visit to Iran on Tuesday ...

Published 14 Jun, 2022 05:56am

Markets

Iraq faces further power cuts as Iran gas debt missed

BAGHDAD: Iraq has failed to pay $1.6 billion owed to neighbouring Iran for gas imports, a debt needed to guarantee...

Published 02 Jun, 2022 06:19am

Pakistan

Electricity supply restored in Sargodha Circle after heavy rains

FAISALABAD: Following heavy thunderstorms and rain in different areas of Sargodha circle including Shahpur,...

Published 30 May, 2022 06:32am

Pakistan

Lesco’s demand-supply gap exceeds 400MW

LAHORE: The demand-supply gap of Lahore Electric Supply Company (Lesco) has exceeded 400 megawatt, leaving the...

Published 17 May, 2022 05:39am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	146.85
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.27
Euro to USD / Dec 4	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4564.76
India Sensex / Dec 4	68587.82
Tokyo Nikkei / Dec 4	33273.12
Nasdaq / Dec 4	14153.30
Hang Seng / Dec 4	16729.01
FTSE 100 / Dec 4	7509.75
Dow Jones / Dec 4	36139.37
Germany DAX 30 / Dec 4	16431.20
France CAC40 / Dec 4	7347.73

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Crude Oil USD/Barrel / Dec 4	78.30
Gold Spot USD/Ounce / Dec 4	2085.16
Cotton US¢/pound / Dec 4	79.44

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Electricity Supply

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