Trends - IPPs agreements - Business Recorder

IPPs agreements

Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs

Govt's experts and officials look to reduce consumer end tariff with deal close to being finalised

Updated 07 Sep, 2024 12:19pm

Minister says IPP deals won’t be altered unilaterally

Senate Standing Committee on Power discusses IPPs contracts

Updated 31 Aug, 2024 10:16pm

Rs1trn capacity payment made to 26 IPPs in 10 years

ISLAMABAD: The government reportedly paid about Rs 1 trillion as capacity payment to 26 gas/RLNG and RFO-fired...

Updated 31 Aug, 2024 04:20pm

Senate body calls for forensic audit of IPPs

ISLAMABAD: The Senate Functional Committee on Devolution, Tuesday, expressed concerns over functioning of...

Updated 28 Aug, 2024 05:21pm

Editorials

Taxing traders – same old story

EDITORIAL: The same old story plays out every time FBR (Federal Board of Revenue) gets serious about taxing traders....

Published 27 Aug, 2024 06:44am

Markets

Former caretaker minister steps up criticism of IPPs

FAISALABAD: Independent Power Producers (IPPs) have kept the industry and all other sectors of the country hostage...

Published 24 Aug, 2024 06:23am

‘Publicly or privately’: PD says ready to share IPP deals with NA panel

Committee informs Punjab-based Discos are incurring financial loss of Rs 150 billion per annum

Updated 17 Aug, 2024 05:29pm

Business & Finance

Tanners Association chief urges govt to review contracts with IPPs

KARACHI: Chairman, Pakistan Tanners Association (Southern Zone), Muhammad Shafi has taken a strong notice on ...

Published 16 Aug, 2024 06:56am

Shehbaz govt may follow IK admin’s lead on IPPs

ISLAMABAD: Prime Minister Shehbaz Sharif-led government is reportedly opting to go the same route as Imran Khan...

Updated 16 Aug, 2024 08:42am

Markets

2020 IPP report’s recommendations: Power sector circles for implementation

LAHORE: The power sector circles have demanded transparency and accountability in Pakistan’s power sector by...

Updated 15 Aug, 2024 03:17pm

Opinion

Business is not the government’s business

According to a World Bank assessment, Pakistan’s state-owned enterprises (SOEs) exhibit the lowest profitability...

Published 12 Aug, 2024 06:36am

Govt takes big step to deal with IPP challenge

Forms task force on implementation of structural reforms in power sector

Updated 09 Aug, 2024 09:27am

Capacity payments: Imran Khan govt extended favour to some IPPs: minister

This was done through amending arbitration clause in agreement instead of starting further probe in light of recommendations of Muhammad Ali’s report on IPPs

Updated 07 Aug, 2024 12:12pm

Pakistan

JI says will start ‘dharna marches’ from tomorrow

ISLAMABAD: The Jamaat-e-Islami (JI) Pakistan has announced to organise a series of dharna marches, beginning with a...

Updated 07 Aug, 2024 07:18am

SC urged to order govt stop making payments to IPPs

ISLAMABAD: The Supreme Court has been urged to direct the secretaries of ministries of energy, water and power and...

Updated 06 Aug, 2024 09:30am

Opinion

Power sector challenges beyond capacity payments

While the capacity payments to Independent Power Producers (IPPs) have grabbed major spot light these days, our...

Published 05 Aug, 2024 07:21am

President for resolution of IPP issue thru consensus

FAISALABAD: IPPs is a ticklish issue which needs to be resolved by evolving consensus among all stakeholders, said...

Updated 05 Aug, 2024 08:38am

Business & Finance

High capacity payments jeopardised economy: APTMA

KARACHI: All Pakistan Textile Mills Association (Aptma) has held IPPs responsible for higher electricity tariff in...

Published 02 Aug, 2024 05:55am

Opinion

IPPs and capacity payments

Let me ask some basic questions to start the discussion. What is the main issue with the Pakistani economy? Is it...

Updated 01 Aug, 2024 07:31am

Opinion

Effects of culture on economic outcomes

One of the recent, lesser discussed occurrences that could affect Pakistan’s future economic trajectory is the...

Updated 01 Aug, 2024 07:50am

Opinion

Untangling energy crisis: the ‘misguided’ criticism of IPPs

The narrative dominating Pakistan’s discourse on electricity prices has painted Independent Power Producers (IPPs)...

Updated 01 Aug, 2024 07:52am

Opinion

Enough is enough!

Overwhelmed by the relentless surge in electricity costs, Pakistan’s business community is at its wits’ end....

Published 31 Jul, 2024 06:40am

Pakistan

Miftah Ismail says fiscally possible to remove electricity taxes without disturbing primary surplus

Former finance minister says the reduction in revenue collection from eliminating taxes can be offset by reducing funds allocated to the Public Sector Development Programme

Published 29 Jul, 2024 09:27pm

Pakistan

Govt urged to revisit contracts with IPPs

PESHAWAR: Qaumi Watan Party (QWP) provincial Chairman Sikandar Hayat Khan Sherpao said the agreements reached with...

Published 29 Jul, 2024 06:37am

Business & Finance

Capacity payment agreements with IPPs: Govt could face severe business disruptions: UBG

KARACHI: Central President of the United Business Group, Zubair Tufail, has warned the government that if the...

Published 27 Jul, 2024 07:08am

Opinion

IPPs: one of the most difficult conundrums

For decades the public at large has been agitating in futility against electricity tariff hikes and power cuts. This...

Updated 27 Jul, 2024 07:26am

Business & Finance

Kakar elected president of FPCCI’s think tank

LAHORE Pakistan’s business community on Friday elected former Prime Minister Anwar-ul-Haq Kakar as President of...

Updated 27 Jul, 2024 07:13am

Business & Finance

Govt urged to review agreements with IPPs

KARACHI: Syed Mazhar Ali Nasir, former Senior Vice President of the Federation of Pakistan Chambers of Commerce and...

Published 25 Jul, 2024 06:24am

Business & Finance

SC and SIFC forums: FPCCI will fight case against IPPs’ capacity charges: Mohamin

KARACHI: Abdul Mohamin Khan, Acting President of FPCCI, has said, on behalf of the entire business, industry and...

Published 24 Jul, 2024 06:01am

Public sector power projects: Govt intends to reduce RoE

ISLAMABAD: The federal government has reportedly made its mind to reduce the Return on Equity (RoE) of public sector...

Updated 24 Jul, 2024 09:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 6	278.65
USD PKR Interbank Buying / Sep 6	278.45
USD to Japanese Yen / Sep 6	142.03
USD to Swiss Franc / Sep 6	0.84
Pound Sterling to USD / Sep 6	1.31
Euro to USD / Sep 6	1.11

Stock	Volume
S&P 500 / Sep 6	5,408.42
India Sensex / Sep 6	81,183.93
Tokyo Nikkei / Sep 6	36,391.47
Nasdaq / Sep 6	16,690.83
Hang Seng / Sep 6	17,444.30
FTSE 100 / Sep 6	8,181.47
Dow Jones / Sep 6	40,345.41
Germany DAX 30 / Sep 6	18,301.90

Item	Value
Crude Oil USD/Barrel / Sep 6	67.67
Gold 10 Grams PKR / Sep 6	227,970.30
Gold Spot USD/Ounce / Sep 6	2,497.41
Cotton US¢/pound / Sep 6	67.88
Petrol/Litre / Sep 7	259.10
Karachi Cotton PKR/37.32 KG / Sep 7	18,535

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

IPPs agreements

Most Popular