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power sector

Urgent reforms imperative: Survey sees circular debt hitting Rs4trn mark by 2025

ISLAMABAD: The government has indicated that the country’s circular debt would reach Rs 4 trillion by 2025 if...

Published 10 Jun, 2022 06:16am

Editorials

A contractionary fiscal policy

EDITORIAL: Addressing a business conference three days before his scheduled budget speech in parliament, Finance...

Published 09 Jun, 2022 06:18am

Budget to be guided by contractionary fiscal policy: Miftah

ISLAMABAD: Finance Minister Miftah Ismail said on Tuesday that the government would unveil a progressive fiscal...

Updated 08 Jun, 2022 10:00am

Process begins to appoint new PPIB MD

ISLAMABAD: Power Division has started the process to appoint new Managing Director of Private Power &...

Updated 08 Jun, 2022 09:56am

Markets

PD for subsidy withdrawal on HSD consumption by power sector

ISLAMABAD: The Petroleum Division has proposed withdrawal of subsidy on consumption of High Speed Diesel (HSD) by ...

Published 07 Jun, 2022 05:47am

Business & Finance

FPCCI panel warns govt of worsening power sector circular debt

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP) Chairman Mian Anjum...

Published 29 May, 2022 05:50am

Pakistan

FDI inflow soars to $170.6m in April

KARACHI: The inflow of Foreign Direct Investment (FDI) into Pakistan increased to $170.6 million in April 2022...

Published 21 May, 2022 04:34am

BR Research

Power to remain costly

March’s Fuel Charges Adjustment (FCA) has been approved by the regulator at Rs2.87 per unit. This is a respite of...

Published 11 May, 2022 08:32am

Markets

Issues facing Chinese investors in power sector: minister seeks suggestions

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Prof Ahsan Iqbal has directed the ...

Published 10 May, 2022 05:10am

Business & Finance

PIAF urges govt to shut down all expensive oil-based power plants

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Saturday said that the high cost of doing...

Published 08 May, 2022 07:53am

PM for priority reforms in power sector

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday stressed to bring reforms into the power sector on priority...

Published 28 Apr, 2022 05:37am

Power sector: Miftah has not made it clear which type of subsidy he intends to cut

ISLAMABAD: Finance Minister Miftah Ismail has not yet intimated the Ministry of Energy as to which type of subsidy ...

Updated 25 Apr, 2022 10:05am

Markets

Majority of non-operational power plants reach end of licenced age

LAHORE: Majority of 27 non-operational power plants have reached end of their licensed age and needed to be declared...

Published 16 Apr, 2022 04:10am

Appointment of Nepra chief: LHC seeks original record

ISLAMABAD: Lahore High Court (LHC) has sought original record of appointment of Chairman National Electric Power...

Updated 15 Apr, 2022 10:07am

BR Research

Energy challenge: Reduced tariffs and privatisation?

Many economic observers lost sweat on the outgoing government’s relief package on electricity. The idea that the...

Published 12 Apr, 2022 08:08am

Markets

Energy symposium: experts call for power sector reforms, deregularisation

KARACHI: Experts have called for market reforms and deregularisation in the power sector to allow Pakistan to kick...

Updated 01 Apr, 2022 11:04pm

Markets

KE underscores need for creating ‘working group’ to help conserve energy

ISLAMABAD: Karachi Electric (KE) has proposed formulation of a Working Group with critical stakeholders to develop a...

Published 21 Mar, 2022 07:54am

BR Research

Power tariff: Another record FPA

The power regulator has issued the determination on the government’s submission on Phase-II of the power sector...

Published 15 Mar, 2022 08:09am

Business & Finance

Surging cost of doing business poses threat to industry, discourages investment: PITAF

LAHORE: The Pakistan Industrial and Traders Associations Front (PITAF) has said that the high cost of doing business...

Updated 13 Mar, 2022 07:03am

Business & Finance

Dec FCA: NEPRA slashes KE tariff by Rs2.59 per unit

Decision to reduce prices will provide a relief of Rs3.038 billion to Karachi residents in March bills

Published 17 Feb, 2022 03:31pm

Opinion

The govt and the IMF

Prime Minister Imran Khan and Finance Minister Shaukat Tarin took to twitter to claim victory soon after the...

Published 07 Feb, 2022 05:22am

Performance of power sector: Govt hires PWC for third-party validation

ISLAMABAD: The government has hired Pricewaterhouse Coopers (PWC) for Third Party Validation of the country’s...

Updated 01 Feb, 2022 09:33am

Pakistan

PM urged to help country avert ‘economic collapse’

ISLAMABAD: President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has...

Published 27 Jan, 2022 04:05am

BR Research

Subsidy reform: Phase-II Part I

The federal government has asked Nepra to consider its submission on Phase-II of the power sector subsidy reform....

Published 19 Jan, 2022 08:35am

Govt’s powers in relation to SBP explained

Hammad Azhar says federal government would own the entire assets of SBP while appointments and removals of governor, deputy governor, and board of directors were also in the domain of the government

Updated 16 Jan, 2022 11:44am

Opinion

Power sector: PTI govt’s Achilles heel

Senate Standing Committee on Power is the latest forum that has expressed its ire at the Power Division on Tuesday...

Published 15 Jan, 2022 05:50am

Markets

Digitisation a ‘must’ for sustainable growth: KE CEO

KARACHI: While suggesting a way forward towards achieving sustainable growth in the power sector, Syed Moonis...

Published 13 Jan, 2022 07:17am

FY23: World Bank projects 4pc GDP growth rate for Pakistan

ISLAMABAD: The World Bank has projected Pakistan’s GDP growth rate at 4 percent for 2022-23, benefiting from...

Updated 12 Jan, 2022 10:27am

Markets

Rs100bn payment to IPPs okayed by ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs 100 billion for payment to IPPs,...

Updated 11 Jan, 2022 10:20am

Revised Circular Debt Management Plan: Additional financial cost surcharge for payment of markup proposed

ISLAMABAD: Rejecting the “unrealistic” financial assumptions used by the Power Division in preparation of ...

Updated 08 Jan, 2022 10:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 16	5297.10
Nasdaq / May 16	16698.32
Dow Jones / May 16	39869.38
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38
Hang Seng / May 17	19525.75
FTSE 100 / May 17	8430.62
Germany DAX 30 / May 17	18692.83

Item	Value
Gold 10 Grams PKR / May 16	210562
Petrol/Litre / May 17	273.10
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold Spot USD/Ounce / May 17	2386.18
Diesel/Litre / May 17	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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