Trends - power subsidy - Business Recorder

power subsidy

Power sector subsidy slashed by 13pc

ISLAMABAD: The federal government has reduced subsidy for power sector by 13 percent to Rs 1.036 trillion for FY...

Published 11 Jun, 2025 06:04am

Budget 2025-26

Pakistan FY26 budget may envisage Rs1.079trn power subsidy

Figures finalised in recent meetings between government’s economic team and International Monetary Fund Mission

Updated 26 May, 2025 11:14am

Opinion

The IMF speaks with a forked tongue

Uploading the first review report on the International Mone-tary Fund (IMF) website on the weekend (Saturday), eight...

Published 19 May, 2025 06:15am

Meeting scheduled for 15-16th: PD to brief IMF on CDMP, subsidy and carbon levy law

ISLAMABAD: The Power Division is all set to brief the International Monetary Fund (IMF) virtually on circular debt...

Updated 15 May, 2025 08:47am

Targeted power subsidies under BISP: Roadmap submitted to IMF, World Bank

ISLAMABAD: The government has reportedly submitted a roadmap to the International Monetary Fund (IMF) and the World...

Updated 14 May, 2025 09:51am

Budget 2025-26

IMF targets: ECC orders Rs50bn reallocation from PSDP to PD

Forum informed that QESCO was experiencing difficulties in retrieval of material

Updated 12 May, 2025 02:24pm

IMF assured: Power, gas subsidies will be aligned with BISP

ISLAMABAD: The government has reportedly assured the International Monetary Fund (IMF) that subsidy on electricity...

Updated 15 Apr, 2025 09:12am

Electricity tariffs rebasing plan shelved

ISLAMABAD: The government has shelved its plan to rebase electricity tariffs from January 1 each year, instead of...

Updated 03 Mar, 2025 04:12pm

Business & Finance

ECC approves ‘winter package’: Eligible consumers to pay Rs26.07/kWh tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a three-month winter...

Updated 20 Nov, 2024 09:26am

Pakistan

Power minister says National Transmission and Despatch Company to be restructured

Minister for Power Sardar Awais Ahmad Khan Leghari said Saturday that the National Transmission and Despatch Company...

Published 09 Nov, 2024 08:14pm

Markets

PM announces power relief ‘winter package’

ISLAMABAD: At a time when electricity bills had become exorbitant and seemed to have reached a breaking point, Prime...

Published 09 Nov, 2024 06:36am

Pakistan

PM Shehbaz announces three-month power subsidy package for winter season

Premier says household consumers will save up to Rs26 per unit

Updated 08 Nov, 2024 10:18pm

Subsidies to BISP recipients: Ministry seeks PD’s help to get consumers’ data from KE

ISLAMABAD: Ministry of Poverty Alleviation and Social Safety (MPA&SS) has sought Power Division’s support to get...

Updated 12 Oct, 2024 08:59am

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

Protected consumers to get power subsidy via e-vouchers

ISLAMABAD: The Ministry of Poverty Alleviation and Social Safety (MPA&SS) has decided to extend subsidy directly...

Updated 03 Oct, 2024 09:16am

Minimum tax payment: KE’s fuel cost, subsidy recoveries should be treated as turnover: SHC

ISLAMABAD: Sindh High Court (SHC) Monday ruled that the subsidy and fuel cost recovered by Karachi Electric Supply...

Updated 01 Oct, 2024 08:53am

Editorials

Punjab power subsidy

EDITORIAL: Punjab Chief Minister Maryam Nawaz may have laughed off her Sindh counterpart’s criticism of the...

Published 25 Aug, 2024 03:05am

Centre follows in Punjab’s footsteps: subsidy announced

ISLAMABAD: The federal government has announced a substantial subsidy of Rs50 billion for electricity consumers...

Updated 20 Aug, 2024 09:32am

Pakistan

Power consumers: Punjab govt to give Rs45bn subsidy for 2 months: Nawaz

LAHORE: Announcing that the PML-N-led Punjab government has decided to bring Rs 14 per unit relief in the bills of...

Published 17 Aug, 2024 06:12am

Business & Finance

KATI for releasing pending Rs33bn power subsidy immediately

KARACHI: The Korangi Association of Trade and Industry (KATI) has urged the government to immediately release a...

Updated 13 Aug, 2024 08:00am

Govt budgets Rs406bn to stem circular debt growth

ISLAMABAD: The government has budgeted Rs406 billion – in addition to the regular subsidy for electricity bills...

Updated 20 Jul, 2024 02:02pm

Bid to raise subsidy for protected power users: Further cut in FY25 PSDP likely

PM has also removed Additional Secretary Power Division Zafar Abbas, an officer of BS-21 of Secretariat Group, who was dealing with key affairs of the Power Division

Updated 09 Jul, 2024 12:44pm

Pakistan

A whopping 103.7pc raise in power subsidy

ISLAMABAD: The federal government has increased subsidy for power sector by a whopping 103.7 percent – from the...

Published 13 Jun, 2024 03:32am

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

‘Inflated’ bills: Intelligence agency comes to the rescue of power consumers?

Agency has prompted caretaker government to intervene and take action to provide immediate relief

Updated 10 Oct, 2023 12:40pm

Shamshad informs Senate body: No ‘fiscal space available’ for subsidies

ISLAMABAD: The members of the Senate Standing Committee on Finance demanded of the government to withdraw seven...

Updated 31 Aug, 2023 09:25am

Business & Finance

Rs7.50 hike in power tariff formally approved

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has formally approved increase of Rs 7.50 per unit ...

Published 26 Jul, 2023 06:17am

CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment

Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24

Updated 08 Jul, 2023 05:15pm

ECC approves Rs80bn subsidy for power sector

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs80 billion subsidy for the power...

Updated 22 Jun, 2023 08:54am

Power sector subsidy: Finance shows willingness to allocate Rs450bn

ISLAMABAD: Finance Division has reportedly shown willingness to allocate Rs 450 billion for power sector subsidy in...

Updated 17 May, 2023 09:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 17	144.09
USD to Swiss Franc / Jun 17	0.82
Pound Sterling to USD / Jun 17	1.34
Euro to USD / Jun 17	1.15
UK LIBOR % / Jun 17	4.96

Stock	Volume
S&P 500 / Jun 17	5,982.72
India Sensex / Jun 17	81,583.30
Tokyo Nikkei / Jun 17	38,824.99
Nasdaq / Jun 17	19,521.09
Hang Seng / Jun 17	23,688.37
FTSE 100 / Jun 17	8,834.03
Dow Jones / Jun 17	42,215.80
Germany DAX 30 / Jun 17	23,434.65
France CAC40 / Jun 17	7,683.73

Item	Value
Crude Oil USD/Barrel / Jun 17	75.25
Karachi Cotton PKR/37.32 KG / Jun 17	16,785
Gold 10 Grams PKR / Jun 17	309,756
Gold Spot USD/Ounce / Jun 17	3,392.01
Cotton US¢/pound / Jun 17	67.77
Petrol/Litre / Jun 18	258.43
Diesel/Litre / Jun 18	262.59

Gainers
Losers
Leaders

Stock	Price
Service Textile / Jun 18 Service Industries Textiles Limited(SERT)	19.67 ▲ 1.79 (10.01%)
Bunnys Limited / Jun 18 Bunnys Limited(BNL)	62.54 ▲ 5.69 (10.01%)
Macter Int. Ltd / Jun 18 Macter International Limited(MACTER)	513.90 ▲ 46.72 (10%)
MACPAC Films / Jun 18 MACPAC Films Limited(MACFL)	29.49 ▲ 2.68 (10%)
Zahid Jee Textile / Jun 18 Zahidjee Textile Mills Limited(ZAHID)	36.08 ▲ 3.28 (10%)
Hinopak Motor / Jun 18 Hinopak Motors Limited(HINO)	451.03 ▲ 41 (10%)
Kohinoor Mills / Jun 18 Kohinoor Mills Limited(KML)	44.46 ▲ 4.04 (10%)
Data Agro / Jun 18 Data Agro Limited(DAAG)	111.31 ▲ 10.12 (10%)
Mughal Iron & Steel(C) / Jun 18 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	54.45 ▲ 4.95 (10%)
Merit Packaging / Jun 18 Merit Packaging Limited(MERIT)	16.41 ▲ 1.49 (9.99%)

Stock	Price
Escorts Bank / Jun 18 Escorts Investment Bank Limited(ESBL)	5.51 ▼ -0.79 (-12.54%)
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.48 ▼ -0.4 (-10.31%)
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	2.97 ▼ -0.34 (-10.27%)
PIA Holding Co.B / Jun 18 PIA Holding Company Limited B(PIAHCLB)	13,770.20 ▼ -1529.97 (-10%)
Blue-Ex Ltd / Jun 18 Blue-Ex Limited (GEM)(GEMBLUEX)	59.85 ▼ -6.65 (-10%)
Sardar Chemical / Jun 18 Sardar Chemical Industries Limited(SARC)	69.39 ▼ -7.71 (-10%)
Pakgen Power / Jun 18 Pakgen Power Limited(PKGP)	213.65 ▼ -23.74 (-10%)
AN Textile Mills / Jun 18 AN Textile Mills Limited(ANTM)	15.88 ▼ -1.76 (-9.98%)
Shadman Cotton / Jun 18 Shadman Cotton Mills Limited(SHCM)	52.05 ▼ -5.28 (-9.21%)
GOC (Pak) / Jun 18 GOC (Pak) Limited.(GOC)	70.11 ▼ -7.03 (-9.11%)

Stock	Volume
WorldCall Telecom / Jun 18 Worldcall Telecom Limited(WTL)	42,506,304 ▼ -0.05
Pervez Ahmed Consultancy / Jun 18 Pervez Ahmed Consultancy Services Ltd.(PASL)	21,450,043 ▼ -0.4
Sui South Gas / Jun 18 Sui Southern Gas Company Limited(SSGC)	21,062,248 ▲ 0.01
First Prudential Mod. / Jun 18 First Prudential Modaraba(PMI)	14,223,632 ▲ 0.31
Ist.Capital Sec / Jun 18 First Capital Securities Corporation(FCSC)	11,262,598 ▼ -0.34
Secure Logistics / Jun 18 Secure Logistics Group Limited(SLGL)	11,042,602 ▲ 0.41
First Dawood Prop. / Jun 18 First Dawood Properties Limited(FDPL)	7,801,178 ▲ 0.27
PIA Holding Co.Ltd / Jun 18 PIA Holding Company Limited(PIAHCLA)	6,688,614 ▼ -0.29
TPL Properties / Jun 18 TPL Properties Limited(TPLP)	5,969,339 ▲ 0.38
Merit Packaging / Jun 18 Merit Packaging Limited(MERIT)	4,718,742 ▲ 1.49

Markets →

power subsidy

Most Popular