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ministry of energy

Energy ministry seeks cabinet nod for fuel levies in line with IMF commitments

The Ministry of Energy (Petroleum Division) has proposed amendments to the Petroleum Products (Petroleum Levy)...

Published 13 Jun, 2025 04:26pm

BR Research

Tariff comfort, consumer cost, Nepra’s gamble

In a move that will raise eyebrows among those advocating for performance-based regulation, Nepra has sided with...

Updated 02 Jun, 2025 08:03am

Markets

Seven new exploration blocks: OGDCL secures provisional award

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the country’s leading exploration and production...

Published 15 May, 2025 06:37am

SC requisitions services of PD official

ISLAMABAD: The Supreme Court has requisitioned the services of Syed Zakria Ali Shah, additional secretary, Power...

Updated 06 Mar, 2025 09:28am

MoE, affiliated depts: PD panel examines budget proposals for PSDP

ISLAMABAD: A meeting of the Standing Committee on Energy (Petroleum Division) was convened on Thursday to examine...

Updated 28 Feb, 2025 09:15am

Gas cost equalisation: SNGPL seeks support of Petroleum Div

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has sought Petroleum Division’s support for finalisation of gas...

Updated 22 Jan, 2025 03:28pm

Markets

Govt saved Rs1.1 trillion through talks with IPPs: Awais Leghari

Minister for Power Division Sardar Awais Ahmad Khan Leghari on Thursday claimed that “successful negotiations” with...

Published 09 Jan, 2025 10:36pm

3 Discos being readied for privatisation

ISLAMABAD: The Financial Advisor is tasked to structure the transaction of three power Distribution Companies...

Updated 31 Dec, 2024 06:56pm

Opinion

Examining the Ministry of Energy’s new deforms and their implications

Since the unbundling of WAPDA, the National Transmission and Dispatch Company (NTDC) has been one of the few power...

Updated 09 Dec, 2024 08:23am

Business & Finance

KATI seeks swift steps to alleviate rising production costs

KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi has urged the government...

Published 07 Nov, 2024 06:16am

Opinion

Solar showdown: the untold power play behind Pakistan’s energy revolution—I

In Pakistan, significant emphasis is placed on net-metered solarization, with the reduction in energy demand often...

Updated 30 Oct, 2024 08:16am

Markets

Pakistan’s economic crisis is largely due to its power sector: experts propose bypassing govt

Pakistan, the world’s fifth most populous country, has a power sector problem and experts believe this is a core...

Published 10 Jul, 2024 08:23pm

Markets

Fesco spokesman explains billing system

FAISALABAD: The Faisalabad Electric Supply Company (Fesco) is billing on Pro-Rata basis programme in eight districts...

Published 09 Jul, 2024 06:39am

Markets

Eid-ul-Azha holidays: FESCO sets up emergency centres

FAISALABAD: On the special directives of the Ministry of Energy (Power Division), Chief Executive Officer (CEO)...

Published 14 Jun, 2024 07:42am

2nd circuit stringing from Jiwani to Gwadar: ECC approves TSG worth Rs2.217bn

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved a technical supplementary grant...

Updated 30 May, 2024 09:27am

Markets

‘Cost-side reforms’: IMF says Pakistan needs to revisit terms of power purchase agreements

Remarks come in staff report for the second and final review under $3-billion Stand-By Arrangement

Updated 11 May, 2024 08:08pm

Business & Finance

CCoP gets sell-off plan

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Friday was presented with a phased privatisation...

Published 11 May, 2024 06:22am

Markets

No intention to impose fixed tax on solar, Power Division clarifies

No such summary sent to the government, read the statement

Updated 27 Apr, 2024 08:07pm

IP gas pipeline project: Work begins ahead of Iran president’s visit

Iranian President Ebrahim Raisi expected to visit Pakistan on April 22

Updated 08 Apr, 2024 09:54am

Markets

Power sector woes: PM Shehbaz assigns tasks to ministries

Wants them completed in 1-3 months

Updated 25 Mar, 2024 10:23pm

Privatisation of Discos, various IPPs projects under study

ISLAMABAD: Federal Minister for Privatisation and Board of Investment Abdul Aleem Khan and Federal Minister for...

Updated 23 Mar, 2024 09:18pm

NEECA issues energy conservation building code

ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) has issued Energy Conservation Building...

Updated 21 Mar, 2024 09:55am

Brownfield Refinery Policy: PM for arranging signing ceremony of refinery upgrade agreements

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum Division to arrange signing ceremony of refinery...

Updated 18 Mar, 2024 08:55am

Opinion

Power sector and politically motivated vandalism!

The present sad state of the Pakistan’s Power Sector cannot be emphasized any further. Everyone, including the...

Published 06 Mar, 2024 04:18am

Govt moves NPP, GPP sell-off process forward

Cabinet Committee on Privatisation directs Power Division to submit timelines for each of the issues hindering the process of privatisation of Nandipur Power Plant and Guddu Power Plant

Updated 29 Feb, 2024 09:36am

Opinion

Will the power sector ever deliver?—II

After explaining the issues with policy and plan, governance and management of the PSCEs, it is important to explain...

Updated 23 Feb, 2024 07:22am

Credit guarantee schemes for EVs on the cards

ISLAMABAD: The government is likely to introduce a credit guarantee scheme for Electric Vehicles (EVs) through State...

Updated 19 Feb, 2024 08:53am

Cabinet ratifies ECC decision on gas tariffs

Caretaker Prime Minister Anwaar-ul-Haq Kakar chairs federal cabinet meeting

Updated 16 Feb, 2024 10:06am

Markets

No recruitment being done in FESCO, says spokesman

FAISALABAD: The Faisalabad Electric Supply Company (FESCO) spokesman has said that no recruitment is being done in...

Published 03 Feb, 2024 05:46am

Pending TDS: KE seeks payment of Rs137.4bn from Centre

ISLAMABAD: K-Electric (KE) has sought payment of Rs 137.4 billion regarding pending Tariff Differential Subsidy...

Updated 16 Jan, 2024 08:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Petrol/Litre / Jun 14	253.63
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Diesel/Litre / Jun 14	254.64
Cotton US¢/pound / Jun 14	67.84

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
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%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-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%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

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