Trends - Power Division - Business Recorder

Power Division

Budget to protect salaried, low-income classes: govt

ISLAMABAD: Minister of State for Finance, Revenue, and Power Division, Ali Pervaiz Malik, said on Sunday that the...

Updated 10 Jun, 2024 08:40am

AGP office distances itself from ‘award in favour of SHPL’

ISLAMABAD: The Office of Attorney General for Pakistan is said to have distanced itself with respect to strategy to...

Updated 06 Jun, 2024 09:14am

Markets

Power Division rejects reports of ending net metering policy

The Power Division on Wednesday rejected reports claiming that the government might take a decision to end the net...

Updated 05 Jun, 2024 10:18pm

Export-oriented sectors: MoC advocates concessional power tariff

Says key industrial export sectors of Pakistan struggling to recover and gain lost share in global markets

Updated 03 Jun, 2024 09:35am

Budget FY2024-25: Rs681bn earmarked for power tariff-related subsidies?

Announcement to be made with the condition that no supplementary budget, regular or technical will be provided

Updated 01 Jun, 2024 04:12pm

Power, water charges for AJK: Centre may form panel to discover ‘political’ solution

ISLAMABAD: The federal government is likely to constitute a high-level committee to find out a political solution...

Updated 01 Jun, 2024 02:02pm

Nepra gives approval to additional financial burden on consumers

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Friday gave approval of additional financial...

Updated 01 Jun, 2024 02:02pm

Final test-run report on CTBCM: Stakeholders seek adjustments in their power tariffs

ISLAMABAD: The stakeholders have sought adjustments in their electricity tariffs to accurately reflect costs and...

Updated 31 May, 2024 09:18am

PSDP 2024-25: Ministry sends Rs215.998bn provisional IBC for PD

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has conveyed the provisional Indicative...

Updated 31 May, 2024 09:00am

‘Revenue-based load-shedding’: Nepra chief urges govt to alter law

The CPPA-G seeks positive adjustment of Rs 3.49 per unit to recover additional amount of Rs 29.21 billion

Updated 31 May, 2024 02:10pm

Markets

No sectoral professionals on upcoming boards of Discos

LAHORE: No sectoral professionals are being made part of the upcoming boards of power distribution companies ...

Published 30 May, 2024 06:19am

Power sector: MoF agrees to extend Rs1.094trn subsidy

ISLAMABAD: The Finance Ministry is said to have agreed to extend subsidy of Rs 1.094 trillion for the financial year...

Updated 30 May, 2024 08:39am

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 10	278.57
USD PKR Interbank Buying / Jun 10	278.37
USD to Japanese Yen / Jun 10	157.01
USD to Swiss Franc / Jun 10	0.90
Pound Sterling to USD / Jun 10	1.27
Euro to USD / Jun 10	1.08

Stock	Volume
S&P 500 / Jun 10	5360.79
India Sensex / Jun 10	76490.08
Tokyo Nikkei / Jun 10	38038.16
Nasdaq / Jun 10	17193.59
Hang Seng / Jun 10	18366.95
FTSE 100 / Jun 10	8228.48
Dow Jones / Jun 10	38868.04
Germany DAX 30 / Jun 10	18494.89

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Petrol/Litre / Jun 10	268.36
Crude Oil USD/Barrel / Jun 10	77.74
Gold 10 Grams PKR / Jun 10	205247
Gold Spot USD/Ounce / Jun 10	2327
Diesel/Litre / Jun 10	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Power Division

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