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IPPs payment

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

ISLAMABAD: The government’s experts and officials have proposed 24 conditions for proposed transition of capacity...

Updated 07 Sep, 2024 12:19pm

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

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

Business & Finance

Circular debt becomes major obstacle to progress: UBG

KARACHI: The circular debt, a persistent and growing challenge for Pakistan’s economy, has reached alarming levels...

Published 15 Aug, 2024 05:59am

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

Opinion

Begrudging private sector

At the outset, the recent Independent Power Plants (IPPs) controversy has magnified the bitterness and grudges that...

Published 09 Aug, 2024 06:56am

Opinion

The challenge of IPPs—V

Solutions
Revised accounting for government-owned IPP

Updated 09 Aug, 2024 07:23am

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 to IPPs: SC moved to get ‘2020 Report’ implemented in letter and spirit

ISLAMABAD: The Supreme Court has been asked to direct the federal government to take urgent and meaningful steps to...

Updated 07 Aug, 2024 09:13am

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

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

Govt to retire expensive power plants

ISLAMABAD: The federal government has decided to retire expensive power plants to reduce electricity prices in the...

Updated 06 Aug, 2024 01:28pm

Opinion

The challenge of IPPs–II

Excess/unutilized generation capacity

Published 06 Aug, 2024 06:40am

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

Senate body seeks copies of IPP agreements

Senator Mohsin Aziz says power sector has become a matter of national security and emergency

Updated 05 Aug, 2024 12:19pm

Discos: Tarar says govt has embarked on sell-off plan

ISLAMABAD: The Federal Minister for Information, Broadcasting, National Heritage, and Culture, Attaullah Tarar, on...

Updated 02 Aug, 2024 09:44am

PD blamed for IPP agreements: Sovereign contracts cannot be opened unilaterally: Nepra

ISLAMABAD: Acknowledging difference of opinion within the authority on IPPs contracts, Nepra on Wednesday blamed the...

Updated 01 Aug, 2024 09:49am

Pakistan

2nd round of talks with govt today as JI continues sit-in

RAWALPINDI: The federal government and the Jamaat-e-Islami (JI) teams have agreed to hold today (Monday) another...

Published 29 Jul, 2024 06:37am

Business & Finance

IPP agreements main reason behind power challenges: PBF

KARACHI: Pakistan Business Forum (PBF) stated that the power purchase agreements (PPAs) with Independent Electricity...

Updated 29 Jul, 2024 09:30am

Markets

Govt urged to conduct forensic audit of IPPs

KARACHI Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President of Pakistan Businessmen...

Published 28 Jul, 2024 06:49am

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

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

Business & Finance

‘IPPs playing major role in destruction of economy’

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 24 Jul, 2024 05:38am

Business & Finance

FPCCI demands govt review IPP agreements

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has once again urged the government to...

Published 23 Jul, 2024 08:10am

Business & Finance

PYMA urges govt to reconsider deals with IPPS

KARACHI: Sheikh Khalil Qaiser, Chairman of the Pakistan Yarn Merchants Association (PYMA), along with Senior Vice...

Published 23 Jul, 2024 08:03am

Markets

Govt urged to renegotiate power tariff with IPPs

KARACHI: Industrialists urged the federal government to renegotiate the power tariff in the given contracts with...

Published 23 Jul, 2024 07:29am

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

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