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power sector

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are...

Published 28 Sep, 2023 05:33am

NTDC accuses Nepra of unleashing ‘awry’ deductions

ISLAMABAD: The National Transmission and Despatch Company (NTDC) on Wednesday accused the National Electric Power...

Updated 28 Sep, 2023 10:16am

Contracts with IPPs, tariffs and ‘SOFR’: ECC tells PD to analyse impact of change, financial implications

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Power Division to analyze...

Updated 28 Sep, 2023 10:18am

BR Research

Power tariffs: No regard for ground realities

“Tariffs should seek to provide stability and predictability to consumers” reads Section 31(3) (i) of the Nepra Act....

Published 27 Sep, 2023 09:05am

PD asked to place KE-related issues before CCER meeting

ISLAMABAD: Finance Division has asked Power Division to present K-Electric’s issues before the Cabinet Committee on...

Updated 26 Sep, 2023 08:48am

Avoiding financial implications: Power Div asked to revise FGOs of GPPs

ISLAMABAD: Directorate General of Gas (Petroleum Division) has urged Power Division to revise Firm Gas Orders (FGOs)...

Updated 26 Sep, 2023 09:23am

Business & Finance

Agreements with IPPs the reason behind power crisis: Shaikhani

HYDERABAD: President of Hyderabad Chamber of Small Traders & Small Industry Muhammad Farooq Shaikhani has said...

Published 25 Sep, 2023 07:11am

Editorials

Power sector is Achilles heel of economy

EDITORIAL: There is no respite from the increase in effective end-consumer electricity tariff. After 26 percent...

Published 22 Sep, 2023 03:40am

Opinion

UFG: the elephant in the room

Natural gas is the most important energy source in Pakistan’s energy mix providing 40% of its primary energy...

Published 21 Sep, 2023 06:37am

Opinion

Handling the energy crisis

The relentless rise in electricity prices in Pakistan has taken a severe toll on domestic consumers, large-scale...

Published 20 Sep, 2023 06:28am

Markets

‘Mafias within Discos’ feeling the heat, says Power Division secretary

Statement comes as government crackdown against power theft enters 12th day

Updated 19 Sep, 2023 06:59pm

Markets

Pakistan’s power sector circular debt swells to Rs2.31tr in FY23

Despite massive increase in tariff, amount increases Rs57bn during fiscal year

Updated 19 Sep, 2023 08:51pm

PKR slide has doubled capacity payments: PD

Power Secretary Rashid Mahmood Langrial explains that foreign-funded dollar-denominated IPPs have contributed the most

Updated 19 Sep, 2023 10:56am

Opinion

Govt as the biggest power defaulter

The media is replete with news of the Power Sector – mostly negative. Most recently, it is the exorbitant bills...

Updated 17 Sep, 2023 06:37am

Pakistan

GB’s communication: PM orders infrastructure development

HUNZA: Caretaker Prime Minister Anwaarul Haq Kakar on Wednesday directed the authorities concerned to formulate a...

Published 14 Sep, 2023 06:07am

Opinion

Nationalise the IPPs

In Gordium, the capital of Phrygia (ancient Greece), legend had it that whoever could untie an oxcart tied by a...

Updated 13 Sep, 2023 06:44am

Aug electricity bills: Consumers hit by Rs7.64 to Rs15 per unit hike: PD

ISLAMABAD: The Power Division has revealed that domestic and commercial consumers have been hit by Rs 7.64 to Rs....

Updated 12 Sep, 2023 09:34am

Opinion

The energy quagmire

When something sounds too good to be true, it usually is. ‘Increase electricity consumption to lower the...

Published 11 Sep, 2023 07:00am

Caretakers likely to ease the woes of power sector

The Power Division proposes implementation on 'old proposed measures with new words' to the caretaker government with the assertion that now failure is no option

Updated 11 Sep, 2023 10:00am

Opinion

Failure of power sector: stop the blame game

It was only recently that the Senate Standing Committee on Power on unbraided the top brass of Power Division for...

Published 10 Sep, 2023 03:20am

Opinion

Bills: repenting for the sins of others

Jolted by the severe backlash against highly inflated power bills resulting in protests across the country joined by...

Published 09 Sep, 2023 06:20am

Opinion

The anatomy of Discos’ BoDs

The whole nation is seized by the huge bills received by the people. KE – as a vertically integrated utility –...

Updated 08 Sep, 2023 06:40am

Power sector quagmire: Implementation of 3-pronged strategy begins

Sources say government will start energy conservation drive from next month, engage with Chinese top leadership and top bosses of Chinese power plants, and crackdown on electricity theft from Sept 7

Updated 08 Sep, 2023 11:44am

Editorials

A little light at the end of the tunnel?

EDITORIAL: A visible intent of the stakeholders to deal with smuggling and endemic corruption recently shared during...

Published 07 Sep, 2023 06:21am

Markets

‘Energy woes can be curbed only through innovation, targeted investments’

ISLAMABAD: Power sector experts and thought leaders have emphasised that Pakistan’s energy woes can be curbed only...

Published 06 Sep, 2023 03:37am

Pakistan

Military not ‘overstepping even the slightest’, says caretaker PM Kakar

Interim premier says govt working with Pakistan's military on security and some economic initiatives

Updated 05 Sep, 2023 05:06pm

‘Inflated’ power bills: Obdurate IMF refuses to buy into govt data

Conveys its disagreement to the data provided by the federal government

Updated 05 Sep, 2023 10:03am

Provinces, LEAs to be taken on board: PM asks power sector to act against defaulters

ISLAMABAD: Caretaker Prime Minister Anwaar ul Haq Kakar has asked the power sector to take immediate action against...

Updated 05 Sep, 2023 09:59am

Pakistan

Power sector woes: caretaker PM Kakar orders immediate action against electricity theft

Directs authorities to submit reports in this regard on daily basis

Updated 04 Sep, 2023 08:38pm

Opinion

The circular debt paradox

The power sector has an annual turnover of around Rs 3.3 trillion. Of this, collection stands at around 88 percent,...

Updated 04 Sep, 2023 06:43am

Gainers
Losers
Leaders

Stock	Price
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Universal Ins. / Sep 28 The Universal Insurance Company Limited(UVIC)	3.80 ▲ 0.29 (8.26%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	37.42 ▲ 2.61 (7.50%)
Int. Knit. / Sep 28 International Knitwear Limited(INKL)	14.47 ▲ 0.97 (7.19%)
First Tri-Star Mod. / Sep 28 First Tri-Star Modaraba(FTSM)	16 ▲ 1.00 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.25 ▲ 0.07 (5.93%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)
EFU General / Sep 28 EFU General Insurance Limited(EFUG)	89.50 ▲ 4.65 (5.48%)
Habib Rice Products / Sep 28 Habib Rice Product Limited(HRPL)	39.50 ▲ 2.00 (5.33%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	1.72 ▼ -0.68 (-28.33%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	389.75 ▼ -49.74 (-11.32%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	10.72 ▼ -1.00 (-8.53%)
Kohat Textile / Sep 28 Kohat Textile Mills Limited(KOHTM)	11.30 ▼ -0.95 (-7.76%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.50 ▼ -3.36 (-7.49%)
Arif Habib Corp / Sep 28 Arif Habib Corporation Limited(AHCL)	24.30 ▼ -1.70 (-6.54%)
Ismail Ind. / Sep 28 Ismail Industries Limited(ISIL)	650 ▼ -40.69 (-5.89%)
Pak Paper Prod / Sep 28 Pakistan Paper Products Limited(PPP)	49.50 ▼ -2.57 (-4.94%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
Pak Gulf Leasing / Sep 28 Pak-Gulf Leasing Company Limited(PGLC)	4.32 ▼ -0.18 (-4.00%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.13
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.23
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,236,500 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.00
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.16
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.11
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.00
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.11
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.06
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,184,748 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	288.03
USD PKR Interbank Buying / Sep 28	287.73
USD to Japanese Yen / Sep 28	149.36
USD to Swiss Franc / Sep 28	0.92
Pound Sterling to USD / Sep 28	1.21
Euro to USD / Sep 28	1.05
UK LIBOR % / Sep 27	5.43

Stock	Volume
S&P 500 / Sep 27	4274.51
Nasdaq / Sep 27	13092.85
FTSE 100 / Sep 27	7593.22
Dow Jones / Sep 27	33550.27
Germany DAX 30 / Sep 27	15217.45
France CAC40 / Sep 27	7071.79
India Sensex / Sep 28	66115.09
Tokyo Nikkei / Sep 28	31744.50
Hang Seng / Sep 28	17429.46

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	17935
Gold 10 Grams PKR / Sep 27	174950
Crude Oil USD/Barrel / Sep 28	94.58
Gold Spot USD/Ounce / Sep 28	1874.97
Cotton US¢/pound / Sep 28	88.65

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