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Power Division

Power to zero-rated sector: MoC seeks firm funding commitments from MoF

ISLAMABAD: Commerce Ministry has sought firm commitment from Finance Ministry for provision of funds to ensure...

Published 11 Oct, 2022 05:54am

Staff, bigwigs and institutions: MoF urges PD to cut off supply of free electricity immediately

ISLAMABAD: The Finance Ministry has opposed provision of free electricity to employees, officers, dignitaries and...

Updated 09 Oct, 2022 09:55am

Govt’s solar projects initiative: KE shows interest in procurement of up to 500MW of power

ISLAMABAD: K-Electric (KE) has shown an interest in procurement of up to 500 MW from the government of Pakistan...

Updated 09 Oct, 2022 09:54am

12 uplift projects worth Rs599bn approved by Ecnec

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved 12 development projects of...

Updated 08 Oct, 2022 09:53am

Power for zero-rated sectors: MoF asked to arrange funds

Commerce Ministry has requested to convey decision of the Minister for Finance and Revenue to Power Division to supply electricity at Rs 19.99/ kWh all-inclusive to five export oriented sectors from October 1, 2022 to June 2023

Updated 08 Oct, 2022 04:43pm

Pakistan

KE accused of sacking employees on ‘ethnicity’ basis

KARACHI: Sindh Energy department Minister Imtiaz Ahmed Shaikh has said that a large number of K-Electric employees,...

Published 07 Oct, 2022 05:59am

Markets

NTDC’s $3b contracts: PD’s influence said to have caused deadline failure

LAHORE: An overwhelming influence of the Power Division in the management affairs of National Transmission &...

Published 05 Oct, 2022 06:59am

Draft of proposed AA: KE seeks time for filing definitive comments

ISLAMABAD: K-Electric (KE) management has sought a few weeks’ time for definitive comments on the draft of proposed...

Updated 04 Oct, 2022 09:39am

Business & Finance

Five zero-rated sectors’ concessional tariff issue to be resolved soon: MoC

ISLAMABAD: Ministry of Commerce (MoC) said on Monday that the issue of electricity supply to five zero rated sectors...

Updated 04 Oct, 2022 09:41am

CPHGC seeks revision in Nepra’s coal price notification

ISLAMABAD: China Power Hub Generation Company (CPHGC) has sought revision in coal price notification of the National...

Updated 02 Oct, 2022 10:20am

PQEPCL’s Thar coal blending proposal approved by PD

ISLAMABAD: The Power Division has approved M/s Port Qasim Electric Power Company Limited (PQEPCL) proposal for ...

Updated 30 Sep, 2022 09:39am

FCA staggering of Discos, KE: PD seeks Cabinet’s ex-post facto approval

ISLAMABAD: The Power Division has sought Cabinet’s ex post facto approval to stagger FCA of Distribution Companies...

Updated 29 Sep, 2022 10:13am

Five sectors to get power for 9 Cents/kWh for Sept only

Power Division is likely to submit a summary to the ECC or Cabinet and will share updated position with respect to availability of funds for concessional tariff

Updated 28 Sep, 2022 10:10am

PD seeks Rs93.43bn to settle GPPs’ payables

ISLAMABAD: Power Division has sought Rs 93.438 billion from Finance Ministry to settle payables to the...

Updated 28 Sep, 2022 10:06am

110 mmcfd gas may be diverted from GTPS to fertilizer plants

ISLAMABAD: The government is likely to de-allocate 110 MMCFD indigenous gas of Guddu Thermal Power Station (GTPS)...

Updated 27 Sep, 2022 09:42am

Future CEOs of GHCL, Genco I, II: Three names finalised

ISLAMABAD: Power Division has reportedly finalised three names for appointment as the Chief Executive Officers ...

Updated 16 Sep, 2022 09:52am

DISCOS: PD directed to carry out evaluation of assets by reputed firm

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Tuesday directed the Power Division to carry out the...

Updated 14 Sep, 2022 09:58am

6000MW solar projects: mapping deadline issued

ISLAMABAD: Prime Minister's Office (PMO) has given the deadline of a couple of weeks for mapping 6000-MW solar...

Updated 12 Sep, 2022 09:35am

Payables, NHP: Wapda urges PD to pay Rs100bn

ISLAMABAD: Water and Power Development Authority (Wapda) has urged Power Division to pay at least Rs 100 billion on...

Updated 12 Sep, 2022 09:33am

Discos’ officers to be appointed as CEOs of GHCL, two Gencos

ISLAMABAD: Minister for Power, Khurram Dastgir Khan has decided to appoint senior officers of Distribution Companies...

Updated 11 Sep, 2022 10:51am

PSO urges Power Div to revisit furnace oil demands

Actual upliftment by power plants has been significantly less in comparison to Power Division and customer demand during this period

Updated 10 Sep, 2022 01:13pm

Flood damage: Power Div yet to calculate losses

ISLAMABAD: Power Division is yet to finalise financial estimate of damage inflicted to infrastructure of power...

Updated 09 Sep, 2022 09:32am

Business & Finance

KE consumers: PD suggests Rs1.52 per unit surcharge

ISLAMABAD: The Power Division has proposed imposition of surcharge at Rs 1.52 per unit on consumers of K-Electric...

Published 08 Sep, 2022 06:56am

Business & Finance

Private sector in management of Discos: PC seeks govt’s proactive role to streamline participation

ISLAMABAD: The Privatisation Commission (PC) has sought some actions from the government to streamline participation...

Published 08 Sep, 2022 06:47am

PD’s recommendation: Cabinet removes CEOs of Hesco and Pesco

ISLAMABAD: The Federal Cabinet has removed Chief Executive Officers (CEOs) of Hyderabad Electric Supply Company...

Updated 08 Sep, 2022 10:08am

Staggering impact of FCA: Power Division to file motion to Nepra

ISLAMABAD: The Power Division is to file a motion to the National Electric Power Regulatory Authority (Nepra) to...

Updated 07 Sep, 2022 09:27am

Markets

PPIB supports 10pc blending of Thar coal for PQEPCL

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has supported 10 per cent blending of Thar-coal in...

Updated 06 Sep, 2022 12:53pm

PM agrees to give NEECA back to Power Division

ISLAMABAD: Prime Minister Shehbaz Sharif has given his nod to transfer National Energy Efficiency & Conservation...

Updated 02 Sep, 2022 09:49am

Pakistan

Flood-hit areas: PM seeks report from PD on restoration of power system

ISLAMABAD: Prime Minister Shehbaz Sharif has sought a report from the Power Division as to what was done for the...

Published 01 Sep, 2022 05:50am

Pakistan

NTDC MD’s controversial stay in office: Senate panel tells PD to take action against ‘facilitators’

ISLAMABAD: The Senate Standing Committee on Power has directed the Power Division to take action against officials...

Published 31 Aug, 2022 06:39am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Feb 7 Kohinoor Power Company Limited(KOHP)	4.37 ▲ 0.47 (12.05%)
Hala Enterprise / Feb 7 Hala Enterprises Limited(HAEL)	6.80 ▲ 0.65 (10.57%)
Ferozsons (Lab) / Feb 7 Ferozsons Laboratories Limited(FEROZ)	138.16 ▲ 9.63 (7.49%)
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	99.30 ▲ 6.92 (7.49%)
Suraj Cotton / Feb 7 Suraj Cotton Mills Limited(SURC)	145.02 ▲ 10.11 (7.49%)
Nimir Resins / Feb 7 Nimir Resins Limited(NRSL)	14.42 ▲ 1.00 (7.45%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	139 ▲ 9.25 (7.13%)
First Elite Cap.Mod / Feb 7 First Elite Capital Modaraba(FECM)	3.21 ▲ 0.21 (7.00%)
HBL Growth Fund / Feb 7 HBL Growth Fund(HGFA)	5.35 ▲ 0.35 (7.00%)
Kohinoor Textile / Feb 7 Kohinoor Textile Mills Limited(KTML)	52 ▲ 3.23 (6.62%)

Stock	Price
Service Textile / Feb 7 Service Industries Textiles Limited(SERT)	6.68 ▲ -0.92 (-12.11%)
Janana D Mal / Feb 7 Janana De Malucho Textile Mills Limited(JDMT)	48.01 ▲ -3.89 (-7.50%)
Sardar Chemical / Feb 7 Sardar Chemical Industries Limited(SARC)	34.23 ▲ -2.77 (-7.49%)
AL-Noor Sugar / Feb 7 Al-Noor Sugar Mills Limited(ALNRS)	57.39 ▲ -4.60 (-7.42%)
S.S.Oil / Feb 7 S.S.Oil Mills Limited(SSOM)	92.60 ▲ -7.39 (-7.39%)
Security Paper / Feb 7 Security Papers Limited(SEPL)	83.10 ▲ -6.04 (-6.78%)
MACPAC Films / Feb 7 MACPAC Films Limited(MACFL)	15 ▲ -0.90 (-5.66%)
Cordoba Logistics / Feb 7 Cordoba Logistics & Ventures Limited(CLVL)	6.60 ▲ -0.38 (-5.44%)
Ittefaq Iron Ind / Feb 7 Ittefaq Iron Industries Limited(ITTEFAQ)	5.21 ▲ -0.24 (-4.40%)
Jahangir Sidd(Pref) / Feb 7 Jahangir Sidd(Pref)(JSCLPSA)	7 ▲ -0.31 (-4.24%)

Stock	Volume
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	21,833,048 ▼ 4.87
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,966 ▼ 1.43
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	10,552,549 ▼ 6.92
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,977,024 ▼ 0.00
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	7,745,500 ▼ 0.41
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	6,095,602 ▼ 0.04
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	5,880,506 ▼ 0.00
P.T.C.L. / Feb 7 Pakistan Telecommunication Company Ltd(PTC)	5,531,000 ▼ 0.05
Hub Power Co. / Feb 7 The Hub Power Company Limited(HUBC)	5,499,666 ▼ 0.96
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	4,501,421 ▼ 0.72

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 7	132.35
USD to Swiss Franc / Feb 7	0.93
Pound Sterling to USD / Feb 7	1.20
Euro to USD / Feb 7	1.07
UK LIBOR % / Feb 6	4.55

Stock	Volume
S&P 500 / Feb 6	4111.08
Nasdaq / Feb 6	11887.45
FTSE 100 / Feb 6	7836.71
Dow Jones / Feb 6	33891.02
Germany DAX 30 / Feb 6	15345.91
France CAC40 / Feb 6	7173.10
India Sensex / Feb 7	60578.67
Tokyo Nikkei / Feb 7	27701.09
Hang Seng / Feb 7	21399.43

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	22235
Gold 10 Grams PKR / Feb 6	175154
Crude Oil USD/Barrel / Feb 7	74.87
Gold Spot USD/Ounce / Feb 7	1872.69
Cotton US¢/pound / Feb 7	84.61

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