Trends - solar energy - Business Recorder

solar energy

HBL finances Rs1 bn for solar tube wells to boost renewable energy in Pakistan’s agriculture sector

HBL set the industry benchmark with Rs 1 billion in financing for solar tube wells. The facility enables farmers to...

Published 21 Nov, 2023 12:57pm

Markets

World Bank -funded Sindh solar energy project remains delayed

ISLAMABAD: The implementation of the Sindh solar energy project funded by the World Bank remains delayed with the...

Published 09 Nov, 2023 05:38am

Business & Finance

APTMA seeks ‘competitive’ electricity tariff

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought electricity tariff competitive with regional...

Updated 10 Oct, 2023 08:47am

Markets

PSA praises govt for maintaining current net metering rate

LAHORE: Pakistan Solar Association (PSA) has thanked the caretaker government for maintaining current Net Metering...

Published 15 Sep, 2023 06:31am

Business & Finance

Lucky Cement completes installation of 25MW captive solar power plant

Lucky Cement, one of Pakistan’s largest cement manufacturer, on Monday announced the successful commissioning of its...

Updated 21 Aug, 2023 04:06pm

Opinion

Solar PV indigenization: strategy and scope

Solar energy is the energy of present and future. Pakistan is importing almost all of the solar equipment from...

Published 10 Aug, 2023 06:35am

Pakistan

PM launches Rs377bn project to convert 100,000 agriculture tube wells on solar power

Shehbaz says low-cost power supply is inevitable to make Pakistan's exports competitive

Updated 08 Aug, 2023 10:45pm

Perspectives

Agrivoltaics: looking to solve Pakistan’s food and energy conundrum at the same time

In what could only be called the climax moment of a movie that was dragging on, Pakistani authorities managed to...

Published 29 Jul, 2023 04:01pm

Opinion

Energy transition: green dreams, brown realities

The world energy landscape is transitioning from fossil fuels to renewables to address energy and environmental...

Published 26 Jul, 2023 06:47am

Markets

Pakistan’s power generation cost drops significantly in June

The total cost of generating electricity in the country decreased significantly by 35%, hitting Rs9.63 KWh in June...

Updated 22 Jul, 2023 09:39pm

$5bn Chashma-5 N-plant to produce power at Rs20 per unit: Country has swallowed a bitter pill?

ISLAMABAD: The dollar-deficient Pakistan is said to have accepted a bitter pill of $ 5 billion Chashma-5 (C-5)...

Updated 12 Jul, 2023 08:50am

ECNEC approves Rs377bn agri tube-well solarisation plan

ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved “Prime Minister’s...

Updated 12 Jul, 2023 08:50am

Markets

India to cut power tariff during solar hours, raise for peak hours

NEW DELHI: Power tariff in India would be up to 20% less during solar hours and up to 20% higher during peak hours...

Published 23 Jun, 2023 10:58am

PM lays focus on solar energy imperative

Reviews process of formulation of policy regarding alternative sources of energy especially solar

Updated 18 Jun, 2023 09:52am

Business & Finance

Shift to solar energy can cut inflation: NBG

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 16 Jun, 2023 06:27am

Markets

Minister reviews green hydrogen project

KARACHI: Sindh Energy Minister Sindh Imtiaz Ahmad Sheikh on Wednesday presided over a meeting regarding ...

Published 08 Jun, 2023 06:30am

PM for making energy sector reforms part of budget

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday chaired a high-level meeting to discuss budget proposals...

Updated 07 Jun, 2023 09:11am

PM for public-friendly budget: PMO

ISLAMABAD: Prime Minister Shehbaz Sharif has directed maximum public relief by utilising existing resources in the...

Updated 06 Jun, 2023 08:48am

Markets

Dastgir opens three-day ‘ISEM & IREM Exhibition’

LAHORE: The Federal Minister for Energy, Khurram Dastgir Khan has said that the renewable energy is the need of the...

Published 03 Jun, 2023 03:52am

Markets

KATI chief optimistic of renewable energy sources

KARACHI President of the Korangi Association of Trade and Industry (KATI), Faraz-ur-Rehman has expressed hoped that...

Published 17 May, 2023 06:22am

Multi-billion refinery to help bring oil prices down: Musadik

ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Friday said that Prime Minister Shehbaz Sharif had...

Updated 29 Apr, 2023 11:40am

Solarisation of PM House, MPO: 10pc of bid price: one-time adjustment approved by AEDB

ISLAMABAD: The Board of Alternative Energy Development Board (AEDB) has accorded ex-post facto approval to a ...

Updated 05 Apr, 2023 08:54am

600MW solar project in jeopardy

ISLAMABAD: The government’s flagship project of 600-MW solar plant at Muzaffargarh (South Punjab) is reportedly in...

Updated 03 Apr, 2023 08:44am

Pakistan

Need stressed for increasing use of solar energy

PESHAWAR: Speakers at an international conference at Ghulam Ishaq Khan Institute of Engineering and Technology said...

Published 27 Mar, 2023 06:15am

Markets

12th edition of Solar Pakistan exhibition inaugurated

LAHORE: Pakistan’s biggest and only dedicated solar energy exhibition – 12th Edition of Solar Pakistan along ...

Published 13 Mar, 2023 07:00am

World

India taking steps to ensure adequate power supply during summer

BENGALURU: India’s power ministry on Thursday said it has taken several steps to ensure adequate power ...

Published 10 Mar, 2023 03:46am

Import of solar panels: SBP asks govt to prepare list of ‘reputable’ suppliers

ISLAMABAD: State Bank of Pakistan (SBP) has proposed to the federal ministries to prepare a list of reputable...

Updated 08 Mar, 2023 12:40pm

Opinion

Texas: Wind and solar stake claim to land of oil

Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved...

Published 06 Mar, 2023 06:48am

Pakistan

KP govt issues LoI for ‘solarisation’ of economic zones

PESHAWAR: The Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) has issued a Letter of...

Published 24 Feb, 2023 06:00am

Solar power projects: Nepra approves RfP amid strong reservations voiced by KP Member

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Request for Proposal (RfP) ...

Updated 15 Feb, 2023 09:04am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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