Trends - Awais Leghari - Business Recorder

Awais Leghari

Issues facing French IPPs come under discussion

ISLAMABAD: French ambassador to Pakistan, Nicolas Galey on Thursday reached Power Division to hold a meeting with...

Updated 17 Jan, 2025 09:19am

Independent market being set up: Govt to stop purchasing power soon, NA told

ISLAMABAD: Federal Minister for Power Awais Leghari informed the National Assembly on Wednesday that the government...

Updated 16 Jan, 2025 09:40am

Editorials

Making power affordable

EDITORIAL: Power Minister Awais Leghari’s recent detailed assessment of the state of the power sector and the...

Published 16 Jan, 2025 03:04am

Markets

Govt saved Rs1.1 trillion through talks with IPPs: Awais Leghari

Minister for Power Division Sardar Awais Ahmad Khan Leghari on Thursday claimed that “successful negotiations” with...

Published 09 Jan, 2025 10:36pm

KE stunned as its five projects remain out of IGCEP

ISLAMABAD: K-Electric (KE) is reportedly in shock over reports indicating that its five renewable energy projects...

Updated 06 Jan, 2025 03:16pm

‘Corruption’ in World Bank-funded grid station: Minister urged to take NTDC officials to task

Senator Saifullah Abro approaches Minister for Power, Sardar Awais Leghari, seeking action against officials of the National Transmission and Despatch Company involved in financial irregularities related to the 765kV Grid Station

Updated 04 Jan, 2025 07:23pm

Leghari’s remarks on KE’s 7-year MYT spark controversy

ISLAMABAD: Recent remarks by the Minister of Energy, Sardar Awais Leghari, regarding K-Electric’s seven-year...

Updated 03 Jan, 2025 03:21pm

Markets

Talks with Chinese IPPs initiated, says Leghari

Federal Minister for Power Sardar Awais Ahmed Khan Leghari said the government has initiated talks with the Chinese...

Updated 28 Dec, 2024 06:07pm

Jam may face tough questions during Seoul visit

ISLAMABAD: Commerce Minister Jam Kamal is likely to face tough questions from South Korean authorities regarding the...

Updated 28 Dec, 2024 05:05pm

Power Div asked to review base load requirements

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Power Division to comprehensively review the base load power...

Updated 24 Dec, 2024 09:38am

Three Gencos’ CEOs suspended

ISLAMABAD: The government has suspended Chief Executive Officers (CEOs) of three power Generation Companies (Gencos)...

Updated 21 Dec, 2024 03:22pm

Markets

Outsandings against provincial depts/entities: Power minister seeks CMs’ intervention for recovery

ISLAMABAD: Minister for Power, Sardar Awais Ahmed Khan Leghari has sought personal interventions of chief ministers...

Published 13 Dec, 2024 06:29am

Markets

Remarks on CASA-1000 project: Tajik minister seeks clarification from power minister

ISLAMABAD: Tajikistan’s Minister for Energy and Water Resources, Juma Daler Shofaqir, has reportedly sought...

Published 12 Dec, 2024 06:01am

Business & Finance

Pakistan, Russia agree to run cargo train: Leghari

MOSCOW: Energy Minister Awais Leghari on Thursday said that Pakistan and Russia have agreed to run cargo train...

Published 06 Dec, 2024 06:58am

17 IPPs of 1994, 2002 policies: Deal reached on hybrid ‘take and pay’ model

However, the number of signatory IPPs not confirmed by the government side or IPPs representatives
Govt expecting reduction of Rs 3.50 per in tariff from revision of IPPs

Updated 05 Dec, 2024 10:57am

No ‘sacred cow’ among IPPs now: Awais

ISLAMABAD: Minister for Power Division, Sardar Awais Ahmad Khan Leghari Friday said providing relief to the power...

Updated 30 Nov, 2024 04:35pm

New IPP deals: PM tasks Fatemi to address Siemens’ grievances

Siemens has invested substantial sums to establish Rousch Pakistan Power Limited (RPPL)

Updated 29 Nov, 2024 04:05pm

IPPs talks and power sector: Minister to brief IMF team today

ISLAMABAD: Power Division’s team led by Minister for Power, Sardar Awais Ahmad Khan Leghari is to give a detailed...

Updated 15 Nov, 2024 02:55pm

ADB delegation meets minister: ‘Investment needed to prepare Discos for privatisation’

ISLAMABAD: Minister for Power, Sardar Awais Khan Leghari has sought investment from development partners to prepare...

Updated 14 Nov, 2024 09:20am

Pakistan

Pakistan to slash winter power tariffs to spur demand, cut gas use: Leghari

KARACHI: Pakistan will reduce electricity tariffs during winter in a bid to boost consumption and cut the use of...

Published 10 Nov, 2024 02:51am

Govt sends special delegation to KSA following PM’s visit

ISLAMABAD: Prime Minister Shehbaz Sharif is said to have despatched a special delegation led by Minister for Power...

Updated 07 Nov, 2024 08:33am

Business & Finance

Third Belt & Road Ministerial Conference: Leghari, Chinese energy cos hold fruitful discussions

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari held meetings with Yao Huan, Vice-President of Power...

Published 25 Oct, 2024 08:10am

Business & Finance

Pakistan sets ambitious goal to generate 60pc energy from RE: minister

QINGDAO (CHINA): Federal Minister for Power Sardar Awais Ahmad Khan Leghari on Wednesday said that Pakistan has set...

Published 24 Oct, 2024 06:49am

Awais praises army chief’s supportive role

ISLAMABAD: Minister for Power, Sardar Awais Ahmad Khan Leghari, on Thursday expressed gratitude to Army Chief...

Updated 11 Oct, 2024 02:24pm

Markets

Chinese engineers killed in Karachi terror attack were involved in debt talks with govt: Aurangzeb

Finance minister says these 'brothers of Pakistan' wanted to create 'win-win situation' in terms of reducing power tariffs in the country
Pakistan’s economy incurs losses to the tune of Rs190 billion per day due to strike and strife, Aurangzeb says

Updated 08 Oct, 2024 08:27pm

Reducing power tariff top priority: Awais

Specifics regarding how the Implementation Agreements of five IPPs will be amended remains unclear

Updated 27 Sep, 2024 09:48am

Good news on revised IPP deals in a few weeks: power minister Awais

Minister for Power says deals with IPPs will not be revised unilaterally

Updated 21 Sep, 2024 05:00pm

Capacity charges: 33 IPPs were paid Rs979.3bn in FY24

Minister for Energy says existing Power Purchase Agreements allow IPPs to recover its fixed costs including debt servicing through Capacity Purchase Price

Updated 13 Sep, 2024 09:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	155.74
USD to Swiss Franc / Jan 17	0.91
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 16	5,937.34
Nasdaq / Jan 16	19,338.29
Dow Jones / Jan 16	43,153.13
India Sensex / Jan 17	76,671.81
Tokyo Nikkei / Jan 17	38,451.46
Hang Seng / Jan 17	19,567.81
FTSE 100 / Jan 17	8,477.94
Germany DAX 30 / Jan 17	20,852.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 16	18,785
Gold 10 Grams PKR / Jan 16	241,941
Petrol/Litre / Jan 17	256.13
Crude Oil USD/Barrel / Jan 17	79.09
Gold Spot USD/Ounce / Jan 17	2,713.02
Diesel/Litre / Jan 17	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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Awais Leghari

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