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Gencos

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

Shehbaz govt may follow IK admin’s lead on IPPs

ISLAMABAD: Prime Minister Shehbaz Sharif-led government is reportedly opting to go the same route as Imran Khan...

Updated 16 Aug, 2024 08:42am

Nandipur and Guddu Power plants: PC has reservations against PD for not sharing info with FAs

ISLAMABAD: The Privatisation Commission has reportedly expressed reservations against the Power Division for not...

Updated 23 May, 2024 09:17am

Opinion

Power sector and politically motivated vandalism!

The present sad state of the Pakistan’s Power Sector cannot be emphasized any further. Everyone, including the...

Published 06 Mar, 2024 04:18am

Anti-electricity theft, recovery drive a flop?

Pakistan’s power sector circular debt stock crosses Rs 2.6 trillion

Updated 06 Dec, 2023 12:28pm

Markets

Pakistan’s power sector circular debt swells to Rs2.31tr in FY23

Despite massive increase in tariff, amount increases Rs57bn during fiscal year

Updated 19 Sep, 2023 08:51pm

Opinion

The power sector woes

Presently, the power sector has become an existential threat for Pakistan. The situation has been further...

Published 17 Aug, 2023 03:49am

Financial year 2023-24: PD submits 102 uplift projects worth Rs298.5bn

ISLAMABAD: The Power Division has submitted 102 development projects for financial year 2023-24 worth Rs 298.5...

Updated 28 Feb, 2023 09:38am

Business & Finance

Cash-strapped PSO’s receivables hit Rs583.2bn mark

ISLAMABAD: Faced with serious financial constraints, Pakistan State Oil (PSO) has repeatedly approached the federal...

Updated 23 Sep, 2022 09:50am

Discos’ officers to be appointed as CEOs of GHCL, two Gencos

ISLAMABAD: Minister for Power, Khurram Dastgir Khan has decided to appoint senior officers of Distribution Companies...

Updated 11 Sep, 2022 10:51am

Federal, provincial govts: At source deduction of Rs 111 billion power dues under study

ISLAMABAD: The federal government is weighing the option to deduct at source outstanding electricity amount of Rs...

Updated 22 Apr, 2022 10:32am

Pakistan

PD attracts Senate panel’s ire over ‘poor’ performance

ISLAMABAD: Senate Standing Committee on Power expressed its ire at the Power Division on Tuesday for altering the ...

Published 12 Jan, 2022 04:25am

Circular debt soared to Rs2.419trn by Oct 31st

ISLAMABAD: The country’s energy sector circular debt has increased by 120 percent to Rs 2.419 trillion on October...

Updated 04 Dec, 2021 09:47am

Discos, NTDC and Gencos: Govt to change composition of boards

ISLAMABAD: The federal government is to alter composition of the boards of Power Distribution Companies (Discos),...

Updated 03 Dec, 2021 09:54am

Pakistan

President upholds decision of Wafaqi Mohtasib

ISLAMABAD: President Dr Arif Alvi has upheld the decision of the Wafaqi Mohtasib ordering the Lahore Electric Supply...

Published 30 Oct, 2021 04:37am

Circular debt reaches Rs2.379trn mark in Q1

ISLAMABAD: The country’s circular debt has reached Rs 2.379 trillion during the first quarter (July-September)...

Updated 30 Oct, 2021 12:41pm

Circular debt reaches Rs2.294trn in July-August

ISLAMABAD: The country's circular debt has reached Rs2.294 trillion during the first two months (July-August) ...

Updated 26 Oct, 2021 09:44am

Summary on restructuring of Pepco approved

ISLAMABAD: Cabinet Committee on Energy (CCoE) approved a summary on restructuring of Pakistan Electric Power Company...

Updated 09 Oct, 2021 09:12am

PD proposes adjustment of Gencos’ surplus staff

ISLAMABAD: The Power Division has proposed adjustment of surplus employees of Generation Companies (Gencos) and...

Updated 23 Sep, 2021 09:55am

Senate panel chief, power secy trade 'sarcastic' remarks

ISLAMABAD: Senate Standing Committee on Power Chairman Saifullah Abro and Power Secretary Ali Raza Bhutta Monday...

Published 24 Aug, 2021 04:56am

Plan to absorb Gencos’ employees in Discos hits a snag

ISLAMABAD: The government’s plan to absorb 1,700 employees of power generation companies (Gencos) in distribution...

Updated 06 Aug, 2021 12:02pm

Power Division to retain some 'inefficient' power plants

ISLAMABAD: Power Division (PD) has reportedly decided to retain some "inefficient" public sector generation plants...

Updated 05 Jul, 2021 09:05am

System facing 6,500MW shortfall

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has taken serious notice of countrywide power load...

Published 10 Jun, 2021 03:22am

Energy sector debt to be reduced by 38pc by FY21-end: PD

ISLAMABAD: The Power Division Tuesday said the energy sector debt will be reduced by 38 percent to Rs 330 billion at...

Published 26 May, 2021 03:45am

PD allowed to absorb surplus Gencos’ employees in Discos

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed Power Division to absorb surplus...

Published 13 May, 2021 03:10am

Future of 11 power plants: Consultation process expedited

ISLAMABAD: Power Division has reportedly expedited consultation process on early termination/ buyout of 11 oil-fired...

Published 04 May, 2021 04:26am

Azhar briefed about circular debt, other issues

ISLAMABAD: Federal Minister for Energy Muhammad Hammad Azhar obtained Wednesday a detailed briefing on matters...

Published 22 Apr, 2021 03:55am

Opinion

Gas allocation policy: A skewed priority and a vicious cycle

Pakistan’s gas allocation policy caters to winning votes rather than what is right for its economy or bringing its...

Published 15 Apr, 2021 03:22am

Opinion

Privatisation of Discos: A dream that will never come true

It is my considered view that the decision to expedite the process of privatization of Discos is a dream that will...

Published 24 Mar, 2021 05:10am

PD suggests 94 uplift projects worth Rs155.73bn

ISLAMABAD: The Power Division has proposed 94 development projects worth Rs 155.73 billion for the FY 2021-22, to be...

Updated 03 Feb, 2021 09:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 17	277.85
USD PKR Interbank Buying / Oct 17	277.65
USD to Japanese Yen / Oct 17	149.75
USD to Swiss Franc / Oct 17	0.87
Pound Sterling to USD / Oct 17	1.30
Euro to USD / Oct 17	1.09

Stock	Volume
S&P 500 / Oct 16	5,842.47
Nasdaq / Oct 16	18,367.08
Dow Jones / Oct 16	43,077.70
India Sensex / Oct 17	81,029.70
Tokyo Nikkei / Oct 17	38,911.19
Hang Seng / Oct 17	20,079.10
FTSE 100 / Oct 17	8,325.96
Germany DAX 30 / Oct 17	19,546.86

Item	Value
Crude Oil USD/Barrel / Oct 17	70.23
Karachi Cotton PKR/37.32 KG / Oct 17	18,085
Gold 10 Grams PKR / Oct 17	238,254
Gold Spot USD/Ounce / Oct 17	2,682.78
Cotton US¢/pound / Oct 17	70.58
Petrol/Litre / Oct 18	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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