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power projects

CPEC: Our last chance for industrialization

EDITORIAL: CPEC (China Pakistan Economic Corridor) is supposed to be a game changer for Pakistan’s economy. ...

Published 12 Nov, 2021 04:46am

Editorials

Chickens always come home to roost

EDITORIAL: Sustained flawed policies and mismanagement, spanning not just one administration's tenure but several...

Published 25 Oct, 2021 05:32am

Pakistan

Ongoing power projects: China has adopted ‘go slow’ policy after ‘unjustified’ criticism?

ISLAMABAD: China has reportedly adopted a “go slow” policy on ongoing coal-fired and hydropower projects of...

Updated 23 Oct, 2021 04:59pm

Dasu Hydropower Project: China links resumption of work to payment of compensation?

ISLAMABAD: China has reportedly sought compensation of $38 million (Rs 6.5 billion) from Pakistan for the dead and...

Updated 15 Oct, 2021 09:33am

Power projects: Banks are put off financing by rising circular debt

Circular debt has reached Rs2.327 trillion as of August 31, 2021
Power Division is even unable to make due payments to Chinese companies that have established power projects in Pakistan

Updated 27 Sep, 2021 10:29am

Editorials

Chinese deals

EDITORIAL: After a lot of foot dragging to the consternation of Chinese investors in the CPEC power projects the...

Published 25 Sep, 2021 04:59am

Govt says CPEC facing no slowdown

Planning minister Asad Umar says major work of CPEC projects completed during the PTI government
Dispels impression that pace of work had slowed

Updated 18 Sep, 2021 01:41pm

Govt-owned power plants: MoF opposes Rs177.8bn payment due to limited fiscal space

ISLAMABAD: The Ministry of Finance (MoF) has reportedly opposed payment of Rs 177.8 billion to the government=owned...

Updated 21 Jul, 2021 08:48am

Pakistan

Power projects ‘NAB-Niazi nexus’ failed to prove any corruption: Shehbaz

LAHORE: Leader of Opposition in the National Assembly and Pakistan Muslim League-Nawaz (PML-N) President Shehbaz...

Published 13 Jul, 2021 03:22am

Pakistan

Pakistan continues to bear brunt of PML-N's costly power deals, says economic affairs minister

Ayub alleges PML-N government abandoned renewable energy projects of 4,000 megawatts
Raja Pervez Ashraf says efforts should be made to ensure food security

Updated 21 Jun, 2021 05:47pm

Rs102bn earmarked for 97 power projects

ISLAMABAD: The federal government has earmarked Rs 102 billion for 97 power sector projects/schemes for 2021-22 ...

Published 12 Jun, 2021 05:04am

Business

Services sector: Share of taxes hovered at 3.4 to 5pc over the last few years: FBR report

ISLAMABAD: The share of sales tax collected from services sector was hovering around 3.4 percent to 5.0 percent...

Published 28 May, 2021 04:08am

Pakistan

Omar stresses on expeditious completion of power projects

The minister directed the relevant authorities to identify the critical path and set timelines for expeditious implementation of the development projects.

Published 26 May, 2021 08:12pm

Govt-IPPs deals: Nepra asks govt why dollar rate kept at Rs148

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday quizzed the government...

Updated 04 Mar, 2021 09:31am

Markets

300MW Balakot power project: Groundbreaking ceremony next month

PESHAWAR: KP Chief Minister Mahmood Khan has directed the high ups of Pakhtunkhwa Energy Development Organization...

Published 07 Feb, 2021 04:07am

Pakistan

Long term planning, self -dependence inevitable for country’ development: PM

He said under the contracts, the government had to pay capacity payment even without consuming the electricity.

Published 28 Jan, 2021 11:46pm

Pakistan

Govt releases Rs.35.35bn for power projects so far

According to data, the government has allocated Rs. 74.49 billion for the power sector projects in the fiscal year 2020-21.

Published 21 Jan, 2021 11:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 7	154.44
USD to Swiss Franc / May 7	0.91
Pound Sterling to USD / May 7	1.26
Euro to USD / May 7	1.08

Stock	Volume
S&P 500 / May 6	5180.74
Nasdaq / May 6	16349.25
FTSE 100 / May 6	8213.49
Dow Jones / May 6	38852.27
Germany DAX 30 / May 6	18175.21
France CAC40 / May 6	7996.64
India Sensex / May 7	73503.22
Tokyo Nikkei / May 7	38775.44

Item	Value
Karachi Cotton PKR/37.32 KG / May 6	19935
Gold 10 Grams PKR / May 6	206190
Petrol/Litre / May 7	288.49
Crude Oil USD/Barrel / May 7	78.61
Gold Spot USD/Ounce / May 7	2322.69
Diesel/Litre / May 7	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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