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Power Division

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

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

Net metering power: Govt mulling bringing buyback rates down to Rs11/unit from Rs21

Current trend has misbalanced govt's plan to pay capacity charges, sources say

Updated 25 Apr, 2024 10:07am

Guided by SIFC: Power Division updated on NPGCL-Ningbo pact

ISLAMABAD: Chief Executive Officer (CEO), Northern Power Generation Company (NPGCL) has shared detailed background...

Updated 23 Apr, 2024 08:45am

Sans formal govt approval: CPPA-G expresses inability to supply power to RSEZ

ISLAMABAD: Central Power Purchasing Agency -Guaranteed (CPPA-G) has reportedly expressed its inability to supply...

Updated 22 Apr, 2024 09:24am

‘Delay’ by SEL in achieving COD: NTDC claims $13m LDs

ISLAMABAD: National Transmission and Despatch Company (NTDC) has claimed Liquidated Damages (LDs) of over $13...

Updated 17 Apr, 2024 09:01am

‘Withheld’ renewable energy projects: PFREIF accuses Power Div of misguiding SIFC

ISLAMABAD: Pakistan Foreign Renewable Energy Investors Forum (PFREIF) has accused Power Division’s bureaucracy of...

Updated 17 Apr, 2024 09:10am

Business & Finance

KE’s TDS arrears: MoF asks PD to provide year-wise details

ISLAMABAD: The Ministry of Finance has reportedly asked the Power Division to provide year-wise details of Tariff...

Updated 16 Apr, 2024 08:43am

Markets

NTDC to ensure continuous power supply on Eid

LAHORE: In compliance with the instructions of Ministry of Energy (Power Division), the National Transmission and...

Published 09 Apr, 2024 05:06am

IWS tender: PMO seeks details on Chinese co’s complaint

ISLAMABAD: The Prime Minister’s Office (PMO) has sought the details of the tender for the design, supply,...

Updated 05 Apr, 2024 09:25am

20 backward districts: Off-grid power solutions may be provided

Government initiates 'Special Development Initiative for Poor Districts of Pakistan'

Updated 04 Apr, 2024 09:35am

KE, govt entities: FD shares details of disputed unpaid subsidy claims for mediation

ISLAMABAD: The Finance Division is said to have shared the details of disputed unpaid subsidy claims of over Rs66...

Updated 04 Apr, 2024 09:07am

‘Unfriendly treatment’ being meted out to S. Korean firms: Pakistan’s envoy unhappy with ministries

ISLAMABAD: Pakistan’s ambassador to South Korea is reportedly unhappy with the ministries for their unfriendly...

Updated 04 Apr, 2024 09:33am

Tariff petition: PPIB for excluding certain projects from Nepra application

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has proposed that pipeline hydropower projects who...

Updated 02 Apr, 2024 08:44am

Opinion

Is there more misery in the offing?

Presently, the power sector is stuck with 43,000MWs of available generation capacity, while the power division...

Published 30 Mar, 2024 06:05am

NTDC asked to expedite work on power evacuation projects

ISLAMABAD: Federal Minister for Power Sardar Awais Ahmad Khan Leghari has directed National Transmission and...

Updated 27 Mar, 2024 09:39am

10 Discos seek Rs2.765trn tariff adjustment

Requested adjustments are on account of O&M costs, currency depreciation, Return on Rate base, Gross Margin, less; other income, net margin and Prior Year Adjustment

Updated 26 Mar, 2024 12:36pm

Markets

Power sector woes: PM Shehbaz assigns tasks to ministries

Wants them completed in 1-3 months

Updated 25 Mar, 2024 10:23pm

PD revises price forecast for spot LNG

ISLAMABAD: The Ministry of Energy (Petroleum Division) has revised price forecast for spot LNG with Sui gas...

Updated 25 Mar, 2024 09:43am

Business & Finance

Boards of Discos: Power Division fails to discourage ‘conflict of interest’

ISLAMABAD: The Power Division has reportedly failed to discourage ‘conflict of interest’ in Boards of power...

Updated 23 Mar, 2024 05:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	278.43
USD PKR Interbank Buying / May 15	278.23
USD to Japanese Yen / May 15	156.28
USD to Swiss Franc / May 15	0.91
Pound Sterling to USD / May 15	1.26
Euro to USD / May 15	1.08

Stock	Volume
S&P 500 / May 14	5246.68
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42
France CAC40 / May 14	8225.80
India Sensex / May 15	73025.23

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Petrol/Litre / May 15	288.49
Crude Oil USD/Barrel / May 15	78.55
Gold Spot USD/Ounce / May 15	2361.55
Diesel/Litre / May 15	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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