Trends - IPPs - Business Recorder

IPPs

NAB’s generous approach to govt-IPPs deals

EDITORIAL: National Accountability Bureau (NAB) has cleared the deals between the government and the independent...

Published 23 Feb, 2021 05:20am

Opinion

NAB’s generous approach to govt-IPPs deals

That the argument that country’s Independent Power Producers (IPPs) are having special rights, advantages, or...

Published 20 Feb, 2021 04:52am

NRPs maintaining RDAs: Simplified tax regime unveiled

KARACHI: Based on the feedback from the diaspora and recommendations from the State Bank of Pakistan (SBP), the...

Updated 17 Feb, 2021 09:32am

Editorials

IMF acquiescence-laden govt-IPPs deal

EDITORIAL: The federal cabinet formally approved a deal with Independent Power Producers (IPPs) projected to save ...

Published 15 Feb, 2021 04:53am

PD seeks AGP’s opinion on ToRs sent by KE

ISLAMABAD: Power Division (PD) has reportedly sought opinion from Attorney General for Pakistan AGP on Terms of...

Updated 12 Feb, 2021 09:35am

Payment to IPPs: IMF has acquiesced to deal

ISLAMABAD: The Federal Government and 44 Independent Power Producers (IPPs) are all set to sign the revised...

Published 11 Feb, 2021 04:35am

Govt-IPPs deal: Rs800bn saving projected

ISLAMABAD: The Federal Cabinet has given final approval to the recommendations of the Cabinet Committee on Energy...

Published 10 Feb, 2021 04:12am

ECC clears report agreed with IPPs on Rs403bn payment

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has cleared Implementation Committee report...

Published 09 Feb, 2021 04:43am

Payment mechanism, pact with IPPs: CCoE approves Power Division’s summary

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has approved a summary submitted by the Power Division on payment...

Published 09 Feb, 2021 04:43am

Pakistan

Govt trying to stop horse trading in Senate elections: Asad

Commenting on agreements with power companies, he said signing agreements with 46 companies would save Rs.836 billion.

Published 09 Feb, 2021 01:13am

Pakistan

ECC approves payment mechanism to clear outstanding dues of IPPs

"The Implementation Committee has agreed the payment mechanism with the 46 IPPs to clear the outstanding dues as on 30th November, 2020" the statement added.

Updated 09 Feb, 2021 04:00am

Renegotiated govt-IPPs pacts: ECC, CCoE all set to accord final approval tomorrow

ISLAMABAD: The Economic Coordination Committee (ECC) and Cabinet Committee on Energy (CCoE) are all set to accord...

Published 07 Feb, 2021 04:07am

Pipeline capacity: New LNG terminals meeting criteria: CCoE

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has decided that in order to provide fair and a level-playing ...

Updated 05 Feb, 2021 11:47pm

CCoE to consider electricity policy today

ISLAMABAD: The Cabinet Committee on Energy (CCoE) which is scheduled to meet on Thursday (Feb 4) with Minister for...

Published 04 Feb, 2021 04:13am

Talks with Mansha-led IPPs in final stages: Tabish

ISLAMABAD: Hub Power Company (Hubco) initialed the proposed agreement on Monday whereas negotiations with another...

Published 02 Feb, 2021 04:29am

Business & Finance

Power sector: ‘Economic growth can be accelerated by overcoming inefficiencies’

LAHORE: Pakistan can accelerate its economic growth and job creation by overcoming inefficiencies in its power...

Published 01 Feb, 2021 03:39am

Opinion

Pakistan’s energy crisis — I

Pakistan’s flawed energy policies lie at the core of the recent economic crises and rising circular debt. Former...

Published 28 Jan, 2021 04:40am

Govt, IPPs ink ‘initial’ agreements

ISLAMABAD: The government and around two dozen Independent Power Producers (IPPs) are said to have initialled the...

Updated 25 Jan, 2021 10:05am

RLNG supply to KE's new unit: PD directed to play role in signing of pact

ISLAMAABAD: The Cabinet Committee on Energy (CCoE) has directed Petroleum Division (PD) to play its role in...

Updated 25 Jan, 2021 10:04am

Pakistan

Competitive electricity buyer model proposed

KARACHI: Ismail Suttar, President Employers’ Federation (EFP), has expressed great concern on the recent hike in...

Published 24 Jan, 2021 03:32am

Business & Finance

Pakistan

PTI not involve in IPPs agreements: Minister

The agreement with IPPs was made by the last regimes and the ruling party had no role in that regard, he stated in an interview with a private television channel.

Published 14 Jan, 2021 11:34pm

Editorials

Unwanted: govt-IPPs renegotiations

EDITORIAL: It increasingly appears that the government is again in the process of renegotiating the already...

Updated 08 Jan, 2021 03:12am

Previous govts failed to address issues facing power sector, says Ayub

Minister says government will introduce reforms in energy sector enabling Pakistan to generate 70 percent energy through indigenous resources

Published 17 Aug, 2020 06:06pm

Markets

Engro Powergen Qadirpur among IPPs to sign MoU with govt

The IPPs have reached an understanding with Committee to alter their existing contractual arrangements in the larger national interest, to the extent of, and strictly with respect to, the matters listed under the Memorandum of Understanding (MoU) signed between the Parties on August 13, 2020.

Published 17 Aug, 2020 04:46pm

Markets

HUBCO’s Narowal Energy Limited signs MoU with govt

HUBCO informed that under the terms of the MoU the ROE/ROEDC rate shall be changed from current 15pc in US$ to 17pc in PKR with no future US$ indexation.

Published 17 Aug, 2020 11:12am

Perspectives

Explained: IPP renegotiation - changes, and consequences

The renegotiation sets a precedence that complex sovereign arrangements can be renegotiated, and a win-win situation can be extracted for all.

Published 15 Aug, 2020 11:16am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

IPPs

Most Popular