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renewable energy

Building resilient power structure critical for ‘resilient’ cities: KE CEO

KARACHI: CEO K-Electric Moonis Alvi stated that renewable energy has to be integrated into the power sector in a way...

Published 03 Feb, 2022 04:02am

Pakistan

Govt asked to add hydropower projects to renewable energy scope

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) on Sunday asked the government to include...

Published 17 Jan, 2022 07:06am

Opinion

Renewable energy

The recently announced World Economic Forum’s Energy Transition Index 2021 has ranked Denmark, Finland and the...

Published 25 Dec, 2021 05:02am

Alvi highlights country’s hydro-power potential

KARACHI: President Dr Arif Alvi on Saturday said that Pakistan has a tremendous potential to produce 50,000-watt...

Published 19 Dec, 2021 04:37am

13 previously approved RE projects to face open competitive bidding

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has almost closed the chapter on 13 Renewable Energy (RE) projects...

Updated 12 Dec, 2021 10:57am

BR Research

FDI in power: diversification needed

The country might have announced its objective to increase the share of renewable energy to 30 percent by 2030 along...

Published 08 Dec, 2021 08:00am

Pakistan

CCoE approves summary: All new RE projects to be included in bidding process

ISLAMABAD: A meeting of the Cabinet Committee on Energy (CCoE) approved a summary to include all new Renewable ...

Published 03 Dec, 2021 04:31am

Pakistan

Call for shifting to environment-friendly renewable energy

LAHORE: Expressing concern over ever-increasing environmental and climate change threats, UK-Pakistan Business...

Published 15 Nov, 2021 07:18am

BR Research

Coal dunnit!

Coal prices continue to grow unabated. Since April last year, Australian coal prices have surged 109 percent while...

Published 06 Aug, 2021 08:35am

Markets

Renewable energy: Azhar, Danish envoy enter into collaboration

ISLAMABAD: Federal Minister of Energy Hammad Azhar and Danish Ambassador to Pakistan, Lis Rosenholm have entered ...

Published 16 Jul, 2021 04:34am

Business & Finance

UK, European manufacturers want battery supply chain nearer home

LONDON: British manufacturers and those in other parts of Europe want to move more of the supply chain for batteries...

Published 14 Jul, 2021 03:59am

Markets

Reliance unveils $10bn green energy push

MUMBAI: Indian oil-to-telecom giant Reliance Industries unveiled plans Thursday to invest $10 billion in renewable...

Published 28 Jun, 2021 04:38am

Markets

Bangladesh scraps 10 coal-fired power plants

DHAKA: Bangladesh announced Sunday that it has scrapped at least 10 major coal-fired power plants as it seeks to...

Published 28 Jun, 2021 04:38am

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

Markets

Traders beef up US renewable fuel teams as demand soars

NEW YORK Commodity merchants and investment firms such as Citadel, Gunvor and Trafigura are bolstering US teams that...

Published 19 Jun, 2021 03:23am

Business & Finance

We're TotalEnergies: French oil major gets green rebrand

Campaigners say transition too slow.
IEA has said new fossil fuel projects need to stop this year.
Rebranding takes immediate effect.

Published 28 May, 2021 05:32pm

World

Renewable energy powers ahead in 2020

PARIS: Renewable energy grew at its fastest rate in two decades, driven primarily by gains in China and wind power,...

Updated 12 May, 2021 10:26am

Opinion

Generation capacity to be expanded only on 2 bases — I

The subject topic, as covered in BR (April 15), would ensure competitive and least cost basis for further power...

Published 05 May, 2021 04:01am

Renewable energy: Banks extend financing of around Rs36bn

KARACHI: Banks have extended financing of around Rs36 billion for 521 projects producing approximately 850 MW under...

Updated 05 May, 2021 09:42am

Business & Finance

IKEA makes first solar park investment in Russia

The total book value for the eight parks is more than 21 billion roubles ($272.16 million), Ingka Investments, the investment arm of the world's biggest furniture retailer, said in a statement.
Ingka Group has invested 2.5 billion euros ($2.97 billion) in renewable energy since 2009 and recently surpassed a target to produce as much renewable energy as the energy it consumes in its own operations.

Published 13 Apr, 2021 06:25pm

Govt eyes to increase share of green energy to 30 per cent: NEPRA chairman

“Overall, the target of increasing the share of clean renewable energy including hydropower in the country is 60% in the next 10 years,” he said this while sharing his view with the participants of webinar ‘Impact of COVID on Energy Sector of Pakistan: Opportunities and Challenges,’ held by Sustainable Development Policy Institute (SDPI) here on Wednesday.

Updated 01 Apr, 2021 12:02am

Business & Finance

Demand for solar modules rise as Pakistan moves towards renewable energy

Pakistan had a total power generation capacity of 38,719MW as of 30 June 2020, solar PV accounts for 530MW, holding a share of 1.36% of total power generation capacity in the country.

Published 23 Mar, 2021 01:13pm

Business & Finance

Major amendments made in Income Tax (Second Amendment) Act, 2021

A number of amendments have been made into the act, Section 64C and 65C have been omitted, and after Section 65E, Section 65F and Section 65G have been inserted.

Published 12 Mar, 2021 04:14pm

Business & Finance

Pakistan to issue Green Bond to boost renewable energy projects

“We’ve got a lot of hydro potential in Pakistan,” he said. “The bonds are there to accelerate this,” said Aslam.

Published 20 Feb, 2021 12:11pm

Pakistan

Top official vows to table solar power project before CCoE

ISLAMABAD: Secretary Power Ali Raza Bhutta, on Monday told the Senate Standing Committee on Power that he would ...

Updated 09 Feb, 2021 10:12am

Business & Finance

France's Total extends US solar portfolio in renewables rush

It aims to add some 10 GW in renewable energy production capacity a year and to reach 35 GW by 2025.
The group is now developing close to 4 GW of renewable energy capacity in the United States.

Published 05 Feb, 2021 06:43pm

Markets

Denmark approves renewable energy island in the North Sea

The move came as the European Union unveiled plans to transform its electricity system to rely mostly on renewable energy within a decade and increase its offshore wind energy capacity 25-fold by 2050.
"This is truly a great moment for Denmark and for the global green transition," Energy Minister Dan Jorgensen told a press briefing.

Published 04 Feb, 2021 07:57pm

Markets

IEA launches global group to tackle fallout from energy transition

The commission, chaired by Denmark, will include energy ministers from Canada, Norway, Mexico and Oman.
We believe the real success of this transition is critically hinging on whether or not citizens will benefit from the opportunities and how we navigate the disruptions of clean energy transitions.

Published 26 Jan, 2021 08:59pm

Pakistan

Govt's preferential policies key to development of renewable energy in Pakistan: Cheng Xizhong

If hydropower is added, the proportion of renewable energy generation in Pakistan is expected to increase to 60% by 2030, he said.

Published 16 Jan, 2021 07:02pm

Business & Finance

British Cos keen to invest in Pakistan’s energy sector

The envoy also indicated that approximately $1.5 billion of credit line for export credit facility remains largely unused and urged Pakistani projects to utilize it more.

Published 10 Dec, 2020 01:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	157.86
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / Apr 30	5035.69
India Sensex / Apr 30	74482.78
Nasdaq / Apr 30	15657.82
Hang Seng / Apr 30	17763.03
Dow Jones / Apr 30	37815.92
Germany DAX 30 / Apr 30	17932.17
France CAC40 / Apr 30	7984.93
Tokyo Nikkei / May 1	38274.05

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Petrol/Litre / May 1	288.49
Crude Oil USD/Barrel / May 1	81.12
Gold Spot USD/Ounce / May 1	2288.39
Diesel/Litre / May 1	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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