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Discos privatisation

PIA sell-off: FA fees cost kitty Rs1.95bn

ISLAMABAD: The government has incurred a loss of Rs1.95 billion in fees to a Financial Advisor (FA) for structuring...

Updated 19 Nov, 2024 01:16pm

Discos’ sell-off: SIFC to play key role

ISLAMABAD: The government has decided to give a central role to the Special Investment Facilitation Council (SIFC)...

Updated 17 Nov, 2024 01:00pm

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

CCP for sell-off of Discos or exploring PPPs

Competition Commission of Pakistan report says DISCOs facing high distribution losses, revenue leakages, low bill recovery rates, widespread electricity theft, and supply constraints

Updated 11 Nov, 2024 02:39pm

IMF told: Two Discos’ sell-off to wrap up by Jan-end

ISLAMABAD: The federal government has shared with the International Monetary Fund (IMF) that transactions of two...

Updated 12 Oct, 2024 09:47pm

Privatisation of PIA: Plan faces slowing momentum on queries by bidders

Bidding deadline set for October 31, 2024, may be extended

Updated 04 Oct, 2024 10:45am

Opinion

Discos: privatisation can be a solution

Privatisation has long been touted as a catalyst for economic growth, and for good reason. By introducing private...

Published 11 Sep, 2024 06:31am

Markets

Privatization key solution for power sector’s challenges: experts

KARACHI: The Sustainable Development Policy Institute (SDPI) and the Network for Clean Energy Transition (NCET)...

Published 31 Aug, 2024 08:07am

Editorials

The power sector

EDITORIAL: The Privatisation Commission held a meeting under the chairmanship of Federal Ministers for Privatisation...

Published 22 Aug, 2024 06:58am

Privatisation of Discos: key decisions made

ISLAMABAD: The Privatisation Commission held a meeting focusing on expediting the privatisation process of DISCOs....

Updated 21 Aug, 2024 09:31am

70pc serviced population in Pakistan does not pay power bills: ADB

Bank, in its report 'Pakistan National Urban Assessment' argues that by issuing stay orders delaying legal procedures and allowing offenders of meter tampering and related ordinances to merely pay a fixed fine, courts contribute to the problem

Updated 21 Aug, 2024 11:56am

Discos slated for outsourcing, sell-off post-reforms: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has stated that after reforms in electricity distribution companies, the...

Updated 14 Aug, 2024 04:21pm

Opinion

Privatisation without deregulation: A recipe for disaster in energy sector

As Pakistan grapples with economic instability and rising electricity prices, many voices call for the immediate...

Published 08 Aug, 2024 06:22am

Discos: Tarar says govt has embarked on sell-off plan

ISLAMABAD: The Federal Minister for Information, Broadcasting, National Heritage, and Culture, Attaullah Tarar, on...

Updated 02 Aug, 2024 09:44am

3 Discos to be privatised in 1st phase: PC board

The Privatisation Commission Board approves hiring financial advisors for these Discos

Updated 28 Jul, 2024 09:43pm

PSP in Discos: World Bank stresses setting up PIU

ISLAMABAD: The World Bank has asked the Power Division to establish a Project Implementing Unit (PIU) to sort out...

Updated 23 Jul, 2024 08:45am

Privatisation of 3 electricity distribution cos: Appointment of financial advisor this year

ISLAMABAD: The Senate Standing Committee on Privatization was informed that the appointment of a financial advisor...

Updated 13 Jul, 2024 08:55am

Private sector’s participation in privatisation of Discos: World Bank agrees to extend financial support under NLTA

ISLAMABAD: The World Bank (WB) has agreed to extend financial support to the government to facilitate private sector...

Updated 08 Jul, 2024 09:20am

Private sector participation in Discos’ sell-off: Govt approaches World Bank for NLTA

ISLAMABAD: The government has approached the World Bank ((WB) for Non -Lending Technical Assistance (NLTA) to...

Updated 01 Jul, 2024 09:18am

Opinion

Why Discos’ privatisation can never happen

Pakistan’s power sector has undergone various reforms in a bid to make the market more liberalized and introduce...

Published 29 May, 2024 06:05am

Discos’ privatisation: Shehbaz for speeding up process

Directs to minimise load shedding in different areas of the country for the benefit of the consumers

Updated 29 May, 2024 03:02pm

Privatisation of Discos, various IPPs projects under study

ISLAMABAD: Federal Minister for Privatisation and Board of Investment Abdul Aleem Khan and Federal Minister for...

Updated 23 Mar, 2024 09:18pm

Opinion

Discos—a dead weight around our necks?—I

Privatisation of Discos has been on the anvil since the 1994 World Bank spurned reform primarily relating Wapda’s...

Published 17 Oct, 2023 06:14am

French envoy, Fawad discuss privatisation strategy

ISLAMABAD: Nicolas Galey, French Ambassador to Pakistan met Minister for Privatisation Fawad Hasan Fawad at his...

Updated 14 Oct, 2023 05:18pm

Privatising Discos to create private-sector monopolies, warns World Bank

ISLAMABAD: The privatisation of distribution companies (Discos) may lead to private-sector monopolies in the absence...

Updated 10 Oct, 2023 08:46am

Reform of Power Discos: IFC official shares vital steps with Fawad

ISLAMABAD: Federal Minister for Privatisation, Fawad Hassan Fawad, held a meeting with the team of the International...

Updated 26 Sep, 2023 09:32am

Govt mulls IPO for three major power distribution companies

KARACHI: Pakistan is considering selling stakes in three high performing state-owned power distribution companies...

Updated 07 Sep, 2023 09:50am

Markets

Caretaker govt working on ‘Electricity Theft Control Act’ to curb losses

Crackdown against power theft to start in areas where losses are high, says interim energy minister Muhammad Ali

Updated 06 Sep, 2023 05:56pm

Opinion

Public sentiment taken for granted

The public sentiment has mostly been taken for granted by the governments and the parliamentarians as a class with ...

Updated 02 Sep, 2023 07:59am

Power sector woes: ‘Privatisation’ of Discos emerges as long-term solution

ISLAMABAD: The government had the only viable option to spread electricity bills of July in the next four to five...

Updated 01 Sep, 2023 11:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Discos privatisation

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