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Power Division

No action yet against Disco officials who caused Rs589bn loss

LAHORE: No disciplinary action has yet been taken against the Disco officials, including the CEOs and the Chief...

Published 29 May, 2024 06:05am

Opinion

Why Discos’ privatisation can never happen

Pakistan’s power sector has undergone various reforms in a bid to make the market more liberalized and introduce...

Published 29 May, 2024 06:05am

Power supply to theft-free areas: KP govt, PD agree to reach formal agreement

ISLAMABAD: Power Division and Khyber Pakhtunkhwa (KPK) government are said to have agreed to reach a formal pact to...

Updated 28 May, 2024 09:22am

‘NAB ends probes’: NCPL demands PD pay Rs8.35bn withheld amount

ISLAMABAD: M/s Nishat Chunian Power Limited (NCPL), owned by tycoon Mian Mansha, has demanded of the Power Division...

Updated 28 May, 2024 03:11pm

Hydropower projects: PM tells MoC, MoF and PD to sort out ‘issues’ with Korean cos

ISLAMABAD: The Prime Minister has directed Commerce Ministry, Finance Ministry and Power Division to sit with Korean...

Updated 28 May, 2024 03:11pm

Pakistan

Centre, KP agree to resolve electricity issues

ISLAMABAD: After holding two-day back-to-back meetings, the federal government and the provincial government of...

Updated 28 May, 2024 09:11am

PM forms body on additional utility-scale renewable energy power project

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee to evaluate benefits of additional utility...

Updated 28 May, 2024 08:35am

Previous flawed decisions hampering improvement in power sector?

ISLAMABAD: Pakistan’s power sector has shown little, if any, sign of improvement in decades due to the...

Updated 27 May, 2024 09:23am

Editorials

The solar net metering debate

EDITORIAL: Recent weeks have seen much confusion prevail with respect to the government’s existing solar net...

Published 25 May, 2024 06:33am

Pakistan

Islamabad Capital Territory: Ministry urges PD to continue power supply to schools, colleges

ISLAMABAD: Against the backdrop of prevalent heatwave, Federal Education Ministry has expressed “grave concern”...

Published 24 May, 2024 06:14am

Nandipur and Guddu Power plants: PC has reservations against PD for not sharing info with FAs

ISLAMABAD: The Privatisation Commission has reportedly expressed reservations against the Power Division for not...

Updated 23 May, 2024 09:17am

Sell-off plan approvals: New independent directors appointed for 9 Discos

ISLAMABAD: The federal government has appointed new independent directors for nine power Distribution Companies...

Updated 22 May, 2024 12:01pm

Railways writes to PD: ‘LESCO, SEPCO are involved in over/bogus billing’

ISLAMABAD: Pakistan Railways has accused Lahore Electric Supply Company (LESCO) and Sukkur Electric Supply Company...

Updated 22 May, 2024 09:17am

Markets

Reconstitution of Discos’ boards: CCoSOEs approves Power Division’s proposal

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved the Power Division’s proposal for...

Updated 21 May, 2024 10:11am

Opinion

U-turn on net metering

Delivering a powerful speech at a closing Plenary- Rejuvenating Growth of the World Economic Forum on 29th April...

Published 20 May, 2024 05:44am

Q3: Nepra gives its nod to Rs52bn QTA for Discos, KE

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Friday gave its consent to approve Quarterly...

Updated 18 May, 2024 04:59pm

Govt intends to convert 3 imported coal-run power plants to Thar coal

ISLAMABAD: The government intends to convert three plants running on imported coal to Thar coal after taking Chinese...

Updated 17 May, 2024 09:24am

Revision of buyback rates: PM directs Nepra, PD to amend net metering rules

ISLAMABAD: Prime Minister Shehbaz Sharif is said to have directed the National Electric Power Regulatory Authority...

Updated 16 May, 2024 12:07pm

PD gets PM’s nod for power tariff hike

Federal Board of Revenue in consultation with Ministry of Finance to review overall taxes applicable on electricity consumers

Updated 16 May, 2024 09:45am

Markets

Govt’s balancing act: incentivise solar, but not too much?

KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –...

Updated 10 May, 2024 09:51am

Q4 of CFY: authorisation of Rs10.056bn approved for Power Division

Authorisation made considering simplified release procedure approved by the ECNEC and release strategy 2023-24 of Finance Division

Updated 10 May, 2024 09:24am

Markets

May power bills: NEPRA approves Rs2.83 per unit hike in FCA

Increase applies to all consumer categories of ex-Wapda distribution companies except EV charging stations and lifeline consumers

Updated 08 May, 2024 11:06pm

147MW hydropower project: PD, NTDC should ink ‘standstill pact’ with Star: AG’s Office

ISLAMABAD: The Attorney General’s Office has proposed that Power Division and National Transmission and Despatch...

Updated 07 May, 2024 09:23am

Opinion

The dumb national electricity policy of 2021

A good public policy is one that addresses a societal problem effectively, is based on evidence and research,...

Published 07 May, 2024 06:05am

Opinion

Redemption of the power sector

A host of sectoral lacunas prevailing in the energy sector have yet to be tackled leave alone overcome and the...

Updated 06 May, 2024 07:04am

IPP payments, Gwadar power plant: MoFA asks PD to address Chinese concerns

ISLAMABAD: The Ministry of Foreign Affairs (MoFA) has asked Power Division to develop concrete measures to address...

Updated 03 May, 2024 09:33am

Markets

Energy sector experts say ‘solar tax is not a hoax’

LAHORE: The energy sector experts have feared that the solar tax was not a hoax. Rather, it was a litmus check to...

Published 02 May, 2024 04:58am

Move to settle arbitration award: PD, NTDC advised to talk to Star Hydro

ISLAMABAD: The country’s Attorney General Office has advised Power Division and NTDC (National Transmission and...

Updated 02 May, 2024 09:20am

Markets

FESCO launches pro-rata billing software

FAISALABAD: On the special directives of the Ministry of Energy (Power Division), Faisalabad Electric Supply Company...

Published 30 Apr, 2024 03:43am

Net metering consumers: PD presents buyback rate cut mechanism to prime minister

ISLAMABAD: The Power Division has reportedly presented a mechanism to Prime Minister Shahbaz Sharif to reduce...

Updated 28 Apr, 2024 09:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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