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IPPs payment

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

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

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

Negotiations with IPPs: Nepra voices concerns about ‘key’ factors

Concerns raised during public hearing on the provisional Fuel Charges Adjustment for K-Electric for September 2024

Updated 01 Nov, 2024 09:39am

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

Opinion

The spectre of very high power tariffs

While the federal government must be appreciated for cancelling contracts with 5 IPPs (Independent Power Producers),...

Published 17 Oct, 2024 06:34am

Editorials

Termination of contracts with IPPs

EDITORIAL: The government’s decision to terminate power purchase agreements (PPAs) with five of Pakistan’s ...

Published 17 Oct, 2024 06:34am

‘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

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

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

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

Govt approves termination of existing Power Purchase Agreement with five IPPs

Details of agreement between Task Force and IPP owners were presented to the Cabinet, listing HUBCO, Lalpir Power Limited, Saba Power, Rousch Power, and Atlas Power among the IPPs whose current agreements will be terminated

Updated 10 Oct, 2024 09:20pm

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

Good news on revised IPP deals in a few weeks: power minister Awais

Minister for Power says deals with IPPs will not be revised unilaterally

Updated 21 Sep, 2024 05:00pm

Opinion

IPPs: missing the forest for the trees

The 2024 Independent Power Producers (IPPs) negotiations are entering their second round. The authorities are...

Updated 16 Sep, 2024 07:49am

Opinion

IPPs and capacity payments – how to deal with the challenge

This is a follow-up piece. The first part appeared on 1st August 2024. Both may be read together. Let us explore...

Published 10 Sep, 2024 06:32am

Senate’s recommendations on ‘illegitimate’ payments to IPPs: PD asked to share implementation status

ISLAMABAD: The Power Division has reportedly been asked to share implementation status of Senate’s recommendations...

Updated 10 Sep, 2024 09:21am

Capacity-based model transition to take-and-pay model: 24 conditions proposed to strike new deals between govt, IPPs

Govt's experts and officials look to reduce consumer end tariff with deal close to being finalised

Updated 07 Sep, 2024 08:24pm

Rs1trn capacity payment made to 26 IPPs in 10 years

ISLAMABAD: The government reportedly paid about Rs 1 trillion as capacity payment to 26 gas/RLNG and RFO-fired...

Updated 31 Aug, 2024 04:20pm

Senate body calls for forensic audit of IPPs

ISLAMABAD: The Senate Functional Committee on Devolution, Tuesday, expressed concerns over functioning of...

Updated 28 Aug, 2024 05:21pm

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

Markets

2020 IPP report’s recommendations: Power sector circles for implementation

LAHORE: The power sector circles have demanded transparency and accountability in Pakistan’s power sector by...

Updated 15 Aug, 2024 03:17pm

Business & Finance

Circular debt becomes major obstacle to progress: UBG

KARACHI: The circular debt, a persistent and growing challenge for Pakistan’s economy, has reached alarming levels...

Published 15 Aug, 2024 05:59am

Opinion

Task force on IPPs: another wild goose chase?

The formation of the Energy Task Force on Independent Power Producers (IPPs) appears to be a distraction from the...

Published 12 Aug, 2024 06:36am

Opinion

Begrudging private sector

At the outset, the recent Independent Power Plants (IPPs) controversy has magnified the bitterness and grudges that...

Published 09 Aug, 2024 06:56am

Opinion

The challenge of IPPs—V

Solutions
Revised accounting for government-owned IPP

Updated 09 Aug, 2024 07:23am

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
Gold 10 Grams PKR / Nov 20	238,940
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 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

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