Trends - IPPs agreements - Business Recorder

IPPs agreements

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

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

Markets

IPP deals: Saif Power approves revised agreements with govt

Saif Power Limited (SPWL), an Independent Power Producer (IPP), has approved implementing amended agreements with...

Updated 06 Dec, 2024 09:15pm

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

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

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

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

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 22	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 agreements

Most Popular