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energy task force

PM Shehbaz approves 10-year roadmap for Pakistan’s power sector

Plan expected to save $17 billion through rescheduling, cancellation of 7,967MW of planned projects

Updated 20 May, 2025 08:53am

Power minister tells NA: Early termination of pacts with 6 IPPs helps govt save Rs411bn

ISLAMABAD: Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari Friday said as per the calculations...

Updated 12 Apr, 2025 02:42pm

As per terms agreed with task force: CPPA-G, Attock Gen file tariff revision plea

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) and 156 MW Attock Gen Limited have filed a joint...

Updated 11 Apr, 2025 08:54am

PM outlines plan to reform maritime sector

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday outlined the government’s ambitious plans to reform the maritime...

Updated 08 Apr, 2025 09:24am

Revised IPP deals: PD anticipates Rs3.5trn savings over 3-20 years

Committee told Power Purchase Agreements with 6 IPPs terminated

Updated 27 Mar, 2025 02:40pm

KE board set to approve additional write-off claims

ISLAMABAD: The Board of K-Electric (KE) is set to approve additional write-off claims to ensure the approval of Rs...

Updated 17 Mar, 2025 08:49am

Revised PPAs inked with about one dozen IPPs

Government’s energy task force engaged in ‘hard talks’ with IPPs of 1994 and 2002, who are still resisting on the proposed cut in their profits, financial gains of the past and interest on late payment

Updated 30 Nov, 2024 04:34pm

New IPP deals: PM tasks Fatemi to address Siemens’ grievances

Siemens has invested substantial sums to establish Rousch Pakistan Power Limited (RPPL)

Updated 29 Nov, 2024 04:05pm

EU firms’ concerns: MoC takes other ministries on board

ISLAMABAD: The Commerce Ministry is reportedly taking other ministries on board to respond to the concerns of...

Updated 19 Nov, 2024 09:21am

Discos’ sell-off: SIFC to play key role

ISLAMABAD: The government has decided to give a central role to the Special Investment Facilitation Council (SIFC)...

Updated 17 Nov, 2024 01:00pm

IPPs talks and power sector: Minister to brief IMF team today

ISLAMABAD: Power Division’s team led by Minister for Power, Sardar Awais Ahmad Khan Leghari is to give a detailed...

Updated 15 Nov, 2024 02:55pm

Power Division fails to deliver on PMO’s tasks

ISLAMABAD: Power Division is said to have failed to comply with majority of tasks including establishment of...

Updated 13 Nov, 2024 10:43am

Editorials

IPPs: even-handed govt approach?

EDITORIAL: During a briefing to the Senate Standing Committee on Power, the co-chair of the Energy Task Force stated...

Updated 11 Nov, 2024 07:13am

IPP claims contracts being negotiated ‘forcibly’

ISLAMABAD: M/s Sapphire Electric Company Limited (SECL) has said that this is the fourth time sovereign power...

Updated 08 Nov, 2024 09:42am

Renegotiating or terminating contracts with IPPs: up to Rs300bn annual saving expected

This is projected to result in a reduction of Rs 2-3 per unit in electricity tariffs

Updated 06 Nov, 2024 11:37am

Negotiations with IPPs: Nepra voices concerns about ‘key’ factors

Concerns raised during public hearing on the provisional Fuel Charges Adjustment for K-Electric for September 2024

Updated 01 Nov, 2024 09:39am

Deals with IPPs: Govt faces backlash from foreign govts

Sources say German government has conveyed reservations of M/s Rousch Power Project Limited (RPPL), a power company owned by the family of former Minister Commerce and Industries Abdul Razak Dawood

Updated 30 Oct, 2024 03:44pm

Capacity payment issue: 10 IPPs seek PM’s intervention

Talks with IPPs of 2002 Policy are commencing from today

Updated 28 Oct, 2024 04:10pm

Contracts with 8 more IPPs renegotiated, NA told

ISLAMABAD: The National Assembly was informed on Friday that contracts with eight additional independent power...

Updated 26 Oct, 2024 12:26pm

Govt inks revised deals with 8 bagasse-fired IPPs

ISLAMABAD: Following successful negotiated deals with the five Independent Power Producers (IPPs), the Energy Task...

Updated 23 Oct, 2024 09:09am

Accelerated expiry: Hubco initiates negotiated settlement pact

KARACHI: Hub Power Company (Hubco), in the greater national interest, has initiated a negotiated settlement...

Updated 11 Oct, 2024 02:24pm

Markets

HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has initialled a negotiated...

Updated 10 Oct, 2024 09:56pm

Markets

Lalpir Power seeks shareholder approval for early termination of key govt agreements

The Board of Directors (BoD) of Lalpir Power Limited will place the proposed terms for early termination of...

Published 10 Oct, 2024 11:49am

Markets

Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination

Independent Power Producers (IPPs) listed at the Pakistan Stock Exchange (PSX), including Hub Power Company Limited...

Updated 09 Oct, 2024 07:20pm

Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

Government shows willingness to pay previous capacity dues of five IPPs

Updated 08 Oct, 2024 09:29am

IPPs talks status remains under wraps

ISLAMABAD: The Power Division on Thursday refused to share current status of critical negotiations of Task Force on...

Updated 04 Oct, 2024 03:24pm

Govt set to announce revised deals with IPPs

Specifics regarding how the Implementation Agreements of five IPPs will be amended remains unclear

Updated 27 Sep, 2024 09:48am

Good news on revised IPP deals in a few weeks: power minister Awais

Minister for Power says deals with IPPs will not be revised unilaterally

Updated 21 Sep, 2024 05:00pm

Opinion

Task force on IPPs: another wild goose chase?

The formation of the Energy Task Force on Independent Power Producers (IPPs) appears to be a distraction from the...

Published 12 Aug, 2024 06:36am

Jamshoro coal-fired power plant unit: KE proposes three participation structures

ISLAMABAD: K-Electric (KE) has proposed three structures for its participation in the second unit of Jamshoro coal...

Updated 26 Jan, 2023 09:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	282.73
USD PKR Interbank Buying / Jun 12	282.53
USD to Japanese Yen / Jun 12	144.50
USD to Swiss Franc / Jun 12	0.81
Pound Sterling to USD / Jun 12	1.36
Euro to USD / Jun 12	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
India Sensex / Jun 12	81,691.98
Tokyo Nikkei / Jun 12	37,685.10
Nasdaq / Jun 12	19,662.48
Hang Seng / Jun 12	23,873.24
FTSE 100 / Jun 12	8,884.92
Dow Jones / Jun 12	42,967.62
Germany DAX 30 / Jun 12	23,771.45
France CAC40 / Jun 12	7,765.11

Item	Value
Crude Oil USD/Barrel / Jun 12	74.04
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Gold Spot USD/Ounce / Jun 12	3,450.10
Cotton US¢/pound / Jun 12	67.63
Petrol/Litre / Jun 13	253.63
Diesel/Litre / Jun 13	254.64

Gainers
Losers
Leaders

Stock	Price
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7 ▲ 0.89 (14.57%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.50 ▲ 0.89 (13.46%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
Nets Internat.Comm. / Jun 13 Nets International Communication Limited(GEMNETS)	31.35 ▲ 2.85 (10%)
J.K.Spinning / Jun 13 J.K. Spinning Mills Limited(JKSM)	86.56 ▲ 7.87 (10%)
Kohat Textile / Jun 13 Kohat Textile Mills Limited(KOHTM)	89.44 ▲ 8.13 (10%)
Sardar Chemical / Jun 13 Sardar Chemical Industries Limited(SARC)	77.88 ▲ 7.08 (10%)
Blessed Tex. / Jun 13 Blessed Textiles Limited(BTL)	292.29 ▲ 26.57 (10%)
Bunnys Limited / Jun 13 Bunnys Limited(BNL)	53.38 ▲ 4.85 (9.99%)

Stock	Price
First IBL Mod. / Jun 13 First IBL Modaraba(FIBLM)	3.31 ▼ -0.82 (-19.85%)
Globe Residency / Jun 13 Globe Residency REIT(GRR)	15.44 ▼ -1.72 (-10.02%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.22 ▼ -1.25 (-10.02%)
Pak Synthetics / Jun 13 Pakistan Synthetics Limited(PSYL)	57.42 ▼ -6.38 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.58 ▼ -4.4 (-10%)
Universal Ins. / Jun 13 The Universal Insurance Company Limited(UVIC)	9 ▼ -1 (-10%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.30 ▼ -8.64 (-9.94%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	21.05 ▼ -2.31 (-9.89%)

Stock	Volume
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	8,356,322 ▲ 0.89
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	4,870,284 ▼ -0.13
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	4,737,562 ▼ -0.03
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	4,564,158 ▼ -2.65
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	4,371,401 ▼ -0.38
Bankislami Pak. / Jun 13 BankIslami Pakistan Limited(BIPL)	4,148,903 ▲ 0.08
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	3,549,634 ▼ -0.62
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	3,310,728 ▼ -0.46
Fauji Cement / Jun 13 Fauji Cement Company Limited(FCCL)	3,147,388 ▼ -1.56
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	3,066,181 ▼ -0.31

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