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solar projects

Solar system project will be completed by July: Nasir

KARACHI: Minister for Energy, Development and Planning Sindh, Syed Nasir Hussain Shah Tuesday said with the support...

Published 12 Feb, 2025 08:06am

Markets

Shift to renewables: Olympia Mills to install 500KW solar power plant

Olympia Mills Limited, engaged in power generation and textiles, has become the latest company to embrace renewable...

Updated 04 Feb, 2025 07:31pm

BR Research

Pakistan’s renewable leap - hurdles and hopes

The power sector regulator, NEPRA, is set to conduct a hearing today for the country’s first hybrid renewable...

Published 04 Feb, 2025 09:01am

Business & Finance

KE’s renewable energy project: Balochistan urges Centre to accord approval

ISLAMABAD: The Government of Balochistan has requested for federal government’s support for the early approval of...

Updated 28 Jan, 2025 09:40am

Markets

PM Shehbaz calls for immediate shutdown of inefficient power plants, pushes for renewables

Statement from PM's Office says premier wants reforms in power sector expedited

Updated 13 Dec, 2024 09:54pm

150MW renewable energy projects: Nepra concludes hearing of KE’s Bid Evaluation Report

KARACHI: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of...

Updated 12 Dec, 2024 09:39am

Markets

TotalEnergies to invest $444 million in solar venture with Adani

MUMBAI: India’s Adani Group will set up a joint venture with TotalEnergies to manage a 1,150-megawatt portfolio of...

Published 03 Sep, 2024 01:06pm

150MW solar projects: KE receives lowest tariff bid

KARACHI: Following the successful milestone of technical bid opening for K-Electric’s 150 MW solar energy projects...

Updated 20 Aug, 2024 08:48am

Perspectives

You should have seen it coming: solar surge in Karachi amid escalating energy costs

In Karachi, Pakistan’s largest metropolis, residents are increasingly turning to solar as a solution to soaring...

Published 17 Aug, 2024 12:11pm

Three solar PV projects: PPIB all set to extend LoIs for 12 months

ISLAMABAD: Private Power and Infrastructure Board (PPIB) is all set to extend Letters of Intent (LoIs) for 12...

Updated 17 Aug, 2024 07:24pm

PM, CM discuss K-IV, KCR, solar projects

KARACHI: Prime Minister of Pakistan Shehbaz Sharif and Sindh Chief Minister Syed Murad Ali Shah, in their one-on-one...

Updated 10 Aug, 2024 04:20pm

BR Research

Reinvigorating investor confidence

The new fiscal year has started with a focus on economic stability and improvement, which is an encouraging sign....

Published 05 Aug, 2024 09:12am

Business & Finance

KE completes another significant milestone

KARACHI: K-Electric (KE) completed another significant milestone in its ambitions to enhance its share of renewable...

Published 02 Aug, 2024 05:55am

Markets

Amid funding crunch, solar companies are being offered a door at PSX

KARACHI: On top of uncertainty around the government’s consideration to cut buyback rates, adoption of solar power...

Updated 27 May, 2024 11:34am

Markets

Nepra urged to revise NAPP upward like other solar projects

ISLAMABAD: A Karachi-based Roof-Top residential solar net metering group has urged the National Electric Power...

Published 17 May, 2024 05:50am

Markets

Amid high tariffs, Pakistan’s industrial base is ramping up transition to solar power

Taking advantage of the natural resource at their disposal, industries in Pakistan are switching towards solar to...

Updated 15 May, 2024 11:06pm

Markets

Govt’s balancing act: incentivise solar, but not too much?

KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –...

Updated 10 May, 2024 09:51am

Fast-track solar PV projects by Arab countries: FBR asked to amend sales tax, income tax laws

The government is actively working towards the development of solar PV projects utilizing the G2G mode

Updated 06 May, 2024 09:25am

Markets

Energy sector experts say ‘solar tax is not a hoax’

LAHORE: The energy sector experts have feared that the solar tax was not a hoax. Rather, it was a litmus check to...

Published 02 May, 2024 04:58am

Markets

No intention to impose fixed tax on solar, Power Division clarifies

No such summary sent to the government, read the statement

Updated 27 Apr, 2024 08:07pm

Markets

Pakistan’s power generation falls over 8% year-on-year

Power generation in Pakistan clocked in at 8,023 GWh (10,784 MW) in March 2024, down 8.2% as compared to the same...

Published 18 Apr, 2024 03:23pm

‘Withheld’ renewable energy projects: PFREIF accuses Power Div of misguiding SIFC

ISLAMABAD: Pakistan Foreign Renewable Energy Investors Forum (PFREIF) has accused Power Division’s bureaucracy of...

Updated 17 Apr, 2024 09:10am

Solar projects’ setup in southern Punjab: PPIB ready to facilitate Saudi company

ISLAMABAD: Private Power & Infrastructure Board (PPIB) has shown willingness to facilitate Saudi company M/s...

Updated 27 Feb, 2024 09:03am

Markets

Solar firms say raising finances for projects ‘most difficult’

There are incentives as well as monetary benefits to do the right thing for the planet by opting for renewables such...

Published 20 Feb, 2024 11:32pm

300MW category–III wind project: SIFC EC directs PPIB to conduct bidding process

ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) has directed the Private...

Updated 10 Feb, 2024 04:23pm

Markets

300MW floating solar project: Wapda organises ‘road show’ in Bangkok

LAHORE: The Wapda organized a day-long road show in Bangkok on Monday for the 300 MW-Floating solar project; the...

Published 30 Jan, 2024 04:52am

Wind, solar projects: PPIB seeks details of LoIs issued by Punjab, Sindh

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	146.04
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
India Sensex / May 14	81,330.56
Tokyo Nikkei / May 14	37,705.74
Nasdaq / May 14	19,146.81
Hang Seng / May 14	23,574.72
FTSE 100 / May 14	8,585.01
Dow Jones / May 14	42,051.06
Germany DAX 30 / May 14	23,527.01
France CAC40 / May 14	7,836.79

Item	Value
Crude Oil USD/Barrel / May 14	61.91
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Gold Spot USD/Ounce / May 14	3,152.57
Cotton US¢/pound / May 14	65.37
Petrol/Litre / May 15	252.63
Diesel/Litre / May 15	256.64

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3 ▲ 0.39 (14.94%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.60 ▲ 0.36 (11.11%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Baba Farid Sugar / May 15 Baba Farid Sugar Mills Limited(BAFS)	52.60 ▼ -5.83 (-9.98%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	9.95 ▼ -1 (-9.13%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	8.05 ▼ -0.75 (-8.52%)
Imperial Limited / May 15 Imperial Limited(IML)	16.31 ▼ -1.44 (-8.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	27.12 ▼ -2.17 (-7.41%)
Sanghar Sugar / May 15 Sanghar Sugar Mills Limited(SANSM)	55.66 ▼ -4.28 (-7.14%)
First Elite Cap.Mod / May 15 First Elite Capital Modaraba(FECM)	18.26 ▼ -1.39 (-7.07%)
Tandlianwala Sugar / May 15 Tandlianwala Sugar Mills Limited(TSML)	155.01 ▼ -9.67 (-5.87%)

Stock	Volume
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	37,783,054 ▲ 0.15
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	37,735,565 ▲ 1.95
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	33,448,448 ▲ 0.35
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	25,421,431 ▲ 3.46
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	22,361,176 ▲ 0.21
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	19,561,374 ▲ 0.3
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	18,672,649 ▲ 1.02
B.O.Punjab / May 15 The Bank of Punjab(BOP)	13,380,063 ▲ 0.11
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	13,357,030 ▲ 2.01
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	12,729,813 ▲ 0.03

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