Trends - IPPs agreements - Business Recorder

IPPs agreements

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

Markets

Deals with IPPs: Rousch Power approves early termination of govt agreements

Company to pursue negotiated settlement

Updated 13 Nov, 2024 10:50pm

Editorials

IPPs: even-handed govt approach?

EDITORIAL: During a briefing to the Senate Standing Committee on Power, the co-chair of the Energy Task Force stated...

Updated 11 Nov, 2024 07:13am

3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has sought details of Chinese Ad hoc Working Group...

Updated 09 Nov, 2024 02:11pm

IPP claims contracts being negotiated ‘forcibly’

ISLAMABAD: M/s Sapphire Electric Company Limited (SECL) has said that this is the fourth time sovereign power...

Updated 08 Nov, 2024 09:42am

Renegotiating or terminating contracts with IPPs: up to Rs300bn annual saving expected

This is projected to result in a reduction of Rs 2-3 per unit in electricity tariffs

Updated 06 Nov, 2024 11:37am

Business & Finance

Pakistan’s largest IPP HUBCO posts Rs20.3bn profit in 1QFY25 despite revenue dip

Despite lower revenue, Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw...

Updated 30 Oct, 2024 09:09pm

Opinion

The tallest nail

To a hammer everything is a nail and IPPs are the tallest nails. Decades ago, when this scribe was a student of...

Published 30 Oct, 2024 06:32am

Deals with IPPs: Govt faces backlash from foreign govts

Sources say German government has conveyed reservations of M/s Rousch Power Project Limited (RPPL), a power company owned by the family of former Minister Commerce and Industries Abdul Razak Dawood

Updated 30 Oct, 2024 03:44pm

IPPs running on baggasse: CPPA-G set to propose cut in fuel charges

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) is all set to propose reduction in fuel charges...

Updated 30 Oct, 2024 03:44pm

Business & Finance

Termination of IPPs contracts: President HCSTSI lauds govt

HYDERABAD: Muhammad Saleem Memon, President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI),...

Published 30 Oct, 2024 06:32am

Capacity payment issue: 10 IPPs seek PM’s intervention

Talks with IPPs of 2002 Policy are commencing from today

Updated 28 Oct, 2024 04:10pm

Contracts with 8 more IPPs renegotiated, NA told

ISLAMABAD: The National Assembly was informed on Friday that contracts with eight additional independent power...

Updated 26 Oct, 2024 12:26pm

Opinion

The power sector challenges

Due to a significant economic downturn and resentments in public, the government had no choice but to implement...

Published 25 Oct, 2024 07:02am

Govt inks revised deals with 8 bagasse-fired IPPs

ISLAMABAD: Following successful negotiated deals with the five Independent Power Producers (IPPs), the Energy Task...

Updated 23 Oct, 2024 09:09am

Summoned for probe in 2nd phase: IPPs agitating over non-payment

ISLAMABAD: The Independent Power Producers (IPPs) that are to be quizzed in the second phase to shift them from take...

Updated 22 Oct, 2024 09:24am

Opinion

Squeezing lemons: the fallout of lazy reforms

The government is resorting to lazy reforms, putting pressure on the known and compliant while ignoring systemic...

Published 21 Oct, 2024 06:44am

Pay-mode conversion: Govt summoning 18 IPPs next week

ISLAMABAD: The government is expected to commence summoning top bosses of 18 Independent Power Producers (IPPs),...

Updated 19 Oct, 2024 09:45pm

‘Take and pay’ mode: Govt tailors four customised options for 18 IPPs

ISLAMABAD: The government experts are said to have tailored four options of ‘take and pay’ mode to be offered to 18...

Updated 16 Oct, 2024 03:44pm

Opinion

Victimising local IPP sponsors risks scaring future investment

The first round of IPP negotiations has concluded, resulting in the termination of five contracts through coercive...

Updated 14 Oct, 2024 07:35am

Govt stops payments to 18 IPPs ahead of negotiations?

ISLAMABAD: The government is said to have stopped payments to 18 Independent Power Producers (IPPs) of 4,267-MW...

Updated 14 Oct, 2024 03:17pm

Mian Zahid appreciates termination of deals with five IPPs

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Updated 14 Oct, 2024 09:26am

Govt ends deals with five private IPPs

KARACHI: Government has ended power purchase contracts with five private companies, including one with the country’s...

Updated 11 Oct, 2024 09:12am

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

HUBCO reaches ‘negotiated settlement’ with govt for early termination of power agreements

Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), has initialled a negotiated...

Updated 10 Oct, 2024 09:56pm

Markets

Listed IPPs Hubco, Lalpir call emergency meetings as govt moves towards agreement termination

Independent Power Producers (IPPs) listed at the Pakistan Stock Exchange (PSX), including Hub Power Company Limited...

Updated 09 Oct, 2024 07:20pm

Business & Finance

LCCI lauds govt’s steps to review annual agreements with IPPs

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has appreciated the government's proactive measures to...

Published 09 Oct, 2024 08:21am

Hubco likely to follow suit: Four IPPs ink deal to annul pacts early

Government shows willingness to pay previous capacity dues of five IPPs

Updated 08 Oct, 2024 09:29am

IPPs talks status remains under wraps

ISLAMABAD: The Power Division on Thursday refused to share current status of critical negotiations of Task Force on...

Updated 04 Oct, 2024 03:24pm

Govt set to announce revised deals with IPPs

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

Updated 27 Sep, 2024 09:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

IPPs agreements

Most Popular