Trends - Hammad Azhar - Business Recorder

Hammad Azhar

Don’t try to reinvent the wheel

At the fag-end of last month and with the next general elections only 23 months away, Finance Minister Shaukat ...

Published 22 Sep, 2021 03:48am

Markets

Minister visits KE’s Bin Qasim Power Station 3 (BQPS-III)

KARACHI: Minister for Maritime Affairs Ali Zaidi visited K-Electric’s Bin Qasim Power Station 3 (BQPS-III) on...

Published 22 Sep, 2021 03:48am

Business & Finance

Tabish Gauhar resigns as SAPM on Power and Petroleum

PM accepts resignation

Published 21 Sep, 2021 01:43pm

CCoE members reject incentives for refineries

ISLAMABAD: The top members of Cabinet Committee on Energy (CCoE) including Minister for Energy, Hammad Azhar, have...

Updated 20 Sep, 2021 10:40am

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

KE's BQPS-III project: Khusro reviews progress

900MW plant is being built at an estimated cost of around USD 650 million to generate clean and reliable energy for Karachi

Updated 10 Sep, 2021 09:58am

LPG: Restoration of tax concessions on the cards

ISLAMABAD: Prime Minister, Imran Khan has directed the Minister for Finance and Revenue, Shaukat Tarin and Minister...

Published 09 Sep, 2021 02:35am

Volatile global energy prices: Tarin asks MoE to adopt 'forward planning'

Finance minister stresses upon exploring cost-effective options such as renewable sources of energy for a sustainable energy equation

Updated 08 Sep, 2021 11:01am

CCI finally approves IGCEP

Minister for Energy Hammad Azhar says model will only allow power generation based on demand-supply projections

Updated 07 Sep, 2021 09:53am

Business & Finance

CCI approves IGCEP model: Hammad Azhar

Minister for Energy says model, which was pending since 2005, would only allow power generation to be added when it is needed

Published 06 Sep, 2021 03:02pm

Off-peak hours: PD moving proposal on seasonal energy pricing

Hammad Azhar says proposal is aimed at encouraging power consumption during off-peak hours

Updated 04 Sep, 2021 09:23am

Markets

Ministry moving proposal for 'seasonal energy pricing'

Move aimed at encouraging power consumption during off-peak months, says minister for energy Hammad Azhar

Updated 03 Sep, 2021 03:50pm

Methodology for strategic projects: PD asked to consult provinces

Cabinet Committee on Energy directs Power Division to hold consultations under National Electricity Plan within two months

Updated 02 Sep, 2021 11:14am

Govt hopes India will not be able to use Afghan soil against Pakistan

Information minister says Prime Minister Imran Khan has also directed Finance Minister Shaukat Tarin and Energy Minister Hammad Azhar to take necessary steps in order to bring down the price of LPG cylinders

Updated 01 Sep, 2021 12:01pm

Oil, gas exploration: PPL-led consortium awarded offshore block 5 in Abu Dhabi

KARACHI: A Pakistan Petroleum Limited-led consortium has been awarded offshore block 5 in Abu Dhabi’s second...

Published 01 Sep, 2021 03:33am

Need for generation licences for small-scale renewable energy-based systems eliminated

Cabinet Committee on Energy approves Power Division's proposal

Updated 21 Aug, 2021 10:48am

Gas and RLNG: Sindh govt once again rejects WACOG

ISLAMABAD: Sindh government has once again rejected Weightage Average Cost of Gas (WACOG) of indigenous gas and ...

Updated 18 Aug, 2021 11:54am

ECC approves ‘remittance loyalty’ plan

Programme of around Rs14 billion will provide incentives to overseas Pakistanis to encourage them to send home more remittances through formal channels
Purpose is to help govt deal with expected increase in current account deficit

Updated 12 Aug, 2021 09:32am

Business & Finance

KE enters into gas supply agreement with PLL for supply of 150 mmcft LNG

Energy minister shares development on Twitter

Published 10 Aug, 2021 02:14pm

Opinion

Don’t shoot the messenger

Last week, the media was abuzz about SAPM on power and petroleum Tabish Gauhar’s letter that he addressed to his...

Updated 08 Aug, 2021 02:24pm

Plan to absorb Gencos’ employees in Discos hits a snag

ISLAMABAD: The government’s plan to absorb 1,700 employees of power generation companies (Gencos) in distribution...

Updated 06 Aug, 2021 12:02pm

PM directs finalisation of tight gas policy by Sept-end

ISLAMABAD: Prime Minister Imran Khan has directed the concerned to finalise the tight gas policy by the end of next...

Published 06 Aug, 2021 04:13am

Business & Finance

Tender process: Post decisions, announcements on website, says Hammad Azhar

Directive to PSO and PLL comes as govt looks to promote transparency in LNG bidding process

Published 05 Aug, 2021 12:25pm

Circular debt: World Bank, govt think deeply about steps

Minister for Energy informs delegation that Power Division had planned addition of considerable capacity in the existing transmission network by the end of current fiscal year for which funds had also been allocated

Updated 05 Aug, 2021 09:33am

Gas supply to fertiliser plants may be restored from Sept 1

ISLAMABAD: The government is expected to restore gas supply to fertiliser plants from September 1 to ensure adequate...

Updated 04 Aug, 2021 09:58am

PSDP funds utilisation strategy mapped out

Meeting informed that to expedite the pace of development work, the process of disbursement of funds has been simplified and streamlined
Flexibility has been created to maintain continuity of projects

Updated 31 Jul, 2021 12:04pm

Power supply to Makran normalised by Iran: Azhar

ISLAMABAD: Minister for Energy Hammad Azhar said on Friday that Iran has normalised electricity supply to bordering...

Published 31 Jul, 2021 01:52am

Business & Finance

Pakistan has requested Iran to normalise power supply to Balochistan: Hammad Azhar

Balochistan coastal areas are not connected to the national grid and dependent on Iranian power supply, says energy minister

Published 29 Jul, 2021 04:38pm

Pakistan

Fixing of sugar price: Ministry may face tough time at LHC

ISLAMABAD: The Ministry of Industries and Production is likely to face a tough time at the Lahore High Court (LHC) ...

Published 29 Jul, 2021 04:48am

PC irked by PSM chairman’s letter

ISLAMABAD: Privatisation Commission (PC) has expressed strong annoyance at Chairman Pakistan Steel Mills (PSM) Board...

Updated 27 Jul, 2021 10:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Hammad Azhar

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