Trends - IPPs - Business Recorder

IPPs

Positive GDP growth rate unlikely?

ISLAMABAD: With negative growth in the large sale manufacturing industries, besides a decline in major agriculture...

Published 23 Dec, 2024 06:03am

Editorials

Tax receipts must improve

EDITORIAL: Chairman Federal Board of Revenue (FBR) Rashid Mehmood Langrial while addressing the Lahore Chamber of...

Updated 23 Dec, 2024 08:17am

Perspectives

Revamping IPPs: lessons from international practices

Pakistan’s energy sector has long been a key contributor to the country’s economic growth and development, but it...

Published 19 Dec, 2024 11:39pm

Energy sector: France concerned at ‘challenges’ faced by its firms

ISLAMABAD: Following Germany and United Kingdom (UK), France has also raised its concerns on challenges being faced...

Updated 19 Dec, 2024 03:03pm

Editorials

MPS: further cut in key interest rate

EDITORIAL: The Monetary Policy Committee (MPC) reduced the policy rate by 200 basis points to 13 percent during...

Published 18 Dec, 2024 07:11am

BR Research

Reforming generation and transmission

NEPRA’s latest report exposes Pakistan’s power sector for what it is: a circus of inefficiency. Over 45,000 MW of...

Published 16 Dec, 2024 08:51am

Opinion

Invest, but not for profit

The government and other key actors are grappling with conflicting objectives in addressing Pakistan’s economic...

Updated 16 Dec, 2024 07:45am

Opinion

CTBCM stillborn

Pakistan’s energy sector stands ensnared in inefficiencies, financial instability, and a chronic inability to...

Updated 16 Dec, 2024 07:58am

8 baggasse-fired IPPs: Settlement deals okayed by Cabinet

Central Power Purchasing Agency to approach National Electric Power Regulatory Authority to reduce the tariff of electricity generated by these plants

Updated 11 Dec, 2024 03:10pm

Opinion

Examining the Ministry of Energy’s new deforms and their implications

Since the unbundling of WAPDA, the National Transmission and Dispatch Company (NTDC) has been one of the few power...

Updated 09 Dec, 2024 08:23am

A large number of IPPs shift to SOFR: Nepra approves two formulas

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved two formulas for transition from...

Updated 06 Dec, 2024 02:18pm

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

Markets

Deals with IPPs: Nishat Chunian Power approves revised agreements with govt

Nishat Chunian Power Limited (NCPL), an Independent Power Producer (IPP), has approved the implementation of amended...

Updated 04 Dec, 2024 09:44pm

Pakistan

SC says it can interfere in ‘IPPs case’

ISLAMABAD: The Constitutional Bench of the Supreme Court stated that the court can interfere in the case pertaining...

Updated 03 Dec, 2024 09:14am

Mahl HPP: CSAIL seeks 3-year LoI extension

Government considers different options to slash the number of committed power projects of 10,000MW

Updated 02 Dec, 2024 02:58pm

Revised PPAs inked with about one dozen IPPs

Government’s energy task force engaged in ‘hard talks’ with IPPs of 1994 and 2002, who are still resisting on the proposed cut in their profits, financial gains of the past and interest on late payment

Updated 30 Nov, 2024 04:34pm

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

Business & Finance

UBG raises questions over govt’s power relief ‘winter package’

KARACHI: S M Tanveer, patron-in-chief of the United Business Group (UBG) has raised questions regarding the...

Published 27 Nov, 2024 08:09am

Opinion

The rollercoaster journey of IPPs in Pakistan

In the early 1990s, Pakistan embarked on what seemed to be an energy revolution. With Hubco launched in 1994 as the...

Published 26 Nov, 2024 06:22am

Editorials

Social unrest in times of economic discontent

EDITORIAL: International rating agency Moody’s has warned of the risk of social unrest in Pakistan due to the...

Updated 25 Nov, 2024 07:59am

Business & Finance

Rs148bn receivables: SNGPL holds CPPA-G responsible

ISLAMABAD: Sui Northern Gas Company Limited (SNGPL) holds the Central Power Purchasing Agency– Guaranteed (CPPA-G),...

Updated 20 Nov, 2024 09:18am

EU firms’ concerns: MoC takes other ministries on board

ISLAMABAD: The Commerce Ministry is reportedly taking other ministries on board to respond to the concerns of...

Updated 19 Nov, 2024 09:21am

Pakistan

Immediate restructuring of governmental system the need of the hour: PDP

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday urged the government to bring efficient...

Published 18 Nov, 2024 02:54am

Editorials

Govt approach to IPPs comes perilously close to coercion

EDITORIAL: Negotiations with Independent Power Producers (IPPs) are well under way in the second phase, following...

Published 18 Nov, 2024 02:54am

Opinion

PIA sell-off challenge: crash-landing was long in the making

Six months ago, the buzz in Islamabad was that foreign airline giants were lining up to acquire a seemingly...

Published 18 Nov, 2024 02:54am

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

Markets

IPP owner Shahid Abdullah barred from traveling abroad amid money laundering inquiry

It remains unclear whether Abdullah is in custody or has been released

Updated 16 Nov, 2024 06:56pm

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

BR Research

Addressing thefts and losses in Discos

Reportedly, the energy regulator NEPRA is initiating legal action against DISCOs due to their deteriorating...

Published 14 Nov, 2024 06:44am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

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

Markets →

Budget 2024-25: income tax calculator for FY25

IPPs

Most Popular