Trends - KElectric - Business Recorder

KElectric

Power sector privatisation – A pipe dream without cost allowances

There is perhaps no country in the world where bad debts do not exist in the energy utility sector, and usually,...

Published 10 Dec, 2024 08:56am

Business & Finance

Recovery of Rs68bn dues from ‘regular bill payers’: KE faces backlash from traders

KARACHI: The city traders on Monday announced that they will strongly resistance if K-Electric attempts to recover...

Published 10 Dec, 2024 06:13am

Pakistan

Finance Minister reiterates resolve to restructure power sector

Muhammad Aurangzeb commends K-Electric for its initiative to increase investment and expand its energy and distribution operations

Updated 10 Sep, 2024 10:35pm

Pakistan

KE staff attacked, held hostage amid anti-theft drive: spokesperson

Imran Rana says application filed for legal action in the local police station

Published 10 Sep, 2024 12:09pm

BR Research

The power balance – where efficiency meets innovation

Power generation has recently come under intense scrutiny, with attention focused on contractual arrangements and...

Published 06 Sep, 2024 08:49am

Markets

ECC approves recovery of Rs1.52 per unit surcharge from KE consumers

Also approves another summary of Ministry of Commerce regarding amendment in the relevant clause in the Import Policy Order 2022 to allow government agencies to import pharmaceutical raw materials

Updated 21 Jun, 2023 06:31pm

BR Research

Electricity: Record subsidy after record tariff hike

In what was largely a budget pinned on “hope things fall in place” and what the central bank Monetary Policy...

Published 14 Jun, 2023 07:39am

Markets

KE, Chinese company ink accord

KARACHI: Committed to providing clean, affordable and sustainable power to people of Pakistan, including...

Published 07 Feb, 2023 06:07am

Markets

Power ‘fully restored’ across Pakistan after massive outage: energy ministry

Govt forms inquiry committee to investigate the blackout

Updated 13 Oct, 2022 10:28pm

Pakistan

K-Electric delegation apprises PM Shehbaz of NEPRA-related issues

Informs the premier that issues affecting supply of electricity to consumers in Karachi

Published 23 Jun, 2022 11:23pm

BR Research

Oh “dear” power!

There are two ways to look at the power sector subsidy allocation for FY23. One is to say the power sector subsidies...

Published 15 Jun, 2022 08:24am

Pakistan

April FCA: NEPRA approves Rs3.99 per unit hike in electricity tariff

Customers are a priority for us and they are suffering due to soaring fuel costs, says Nepra Chairman Tauseef H Farooqi

Updated 31 May, 2022 06:57pm

Markets

Review: How did Pakistan's markets react to the hike in fuel prices?

Flour and energy prices increased, rupee recovered, and KSE-100 made huge intra-day gains before succumbing to profit-taking

Published 27 May, 2022 10:08pm

Markets

Nepra approves Rs2.86 per unit increase in power tariff for March

For K-Electric customers, the tariff has been hiked by Rs4.83 per unit

Updated 27 Apr, 2022 04:02pm

Pakistan

KE’s Roshini Baji initiative takes centre stage at Dubai Expo 2020

KARACHI: K-Electric’s pioneering Roshni Baji safety ambassador initiative took center stage at Pakistan’s...

Updated 19 Feb, 2022 10:35am

Sports

‘Khelo Jaan Sey Nahe Shaan Sey’ organized

KARACHI: K-Electric in collaboration with Pakistan Sports Board (PSB), Wapda and Athletics Federation of Pakistan ...

Published 13 Dec, 2021 06:45am

Pakistan

K-Electric issues ‘2021 Sustainability Report’

KARACHI: Focused on the future of energy and sustainability of the power sector, K-Electric issued its 2021...

Published 23 Nov, 2021 03:54am

Business & Finance

Q1FY22: K-Electric posts net profit of Rs2.9bn

KARACHI: Continuing the momentum of FY21, K-Electric has demonstrated sustained improvement in key operational...

Published 02 Nov, 2021 05:20am

Business & Finance

K-Electric makes efforts towards carbon-free future under NEPRA's vision: KE CEO

October 6, 2021: Aimed at making renewable energy easily affordable for the masses, K-Electric joined hands with...

Published 08 Oct, 2021 03:35pm

Pakistan

One electrocuted as sporadic rains hit Karachi

KARACHI: At least one person was electrocuted as different areas of the city experienced prolonged power outages...

Published 04 Sep, 2021 06:04am

Pakistan

KE continues drive against Kunda, generator mafia in Liaquatabad

KARACHI: In a bid to provide safe and reliable electricity to its consumers, K-Electric continues its drive against...

Published 21 Jun, 2021 03:43am

BR Research

Power subsidies: High yet adequate

Electricity tariffs are not going to go up in FY22. This is the loud and clear message from the budget document. The...

Published 15 Jun, 2021 07:30am

Pakistan

After major power breakdown, electricity supply to Karachi normalizes

The power supply to Karachi was suspended at 2:30 pm on May 22 and was restored after four to five hours
K-Electric spokesperson says there was no technical fault in any of KE’s production units

Updated 23 May, 2021 10:56am

Pakistan

Power restored in most areas of Karachi after major outage

According to the K-Electric, power supply to most areas of Karachi has been restored after a massive outage.
"Restoration efforts have already begun and are expected to be completed within one hour. Availability of generation supply is enabling restoration to progress swiftly," K-Electric tweeted.

Updated 22 May, 2021 10:17pm

BR Research

An interview with Syed Moonis Abdullah Alvi, CEO, K-Electric

“Our aim is to make K-Electric sustainable.” A chartered accountant by profession, Syed Moonis Abdullah ...

Published 02 Apr, 2021 07:40am

Business & Finance

Shanghai Electric submits fresh PAI to acquire K-Electric shares

On Tuesday, it was learned K-Electric has received “withdrawal” of Public Announcement of Intention (PAI) for the acquisition of up to 66.40pc voting shares of K-Electric Limited by Shanghai Electric Power Company Limited.

Published 31 Mar, 2021 02:55pm

BR Research

KE monthly fuel adjustment

The monthly fuel charges adjustment for K-Electric consumers were determined last week, for 11 months starting from...

Published 15 Mar, 2021 07:25am

Business & Finance

NEPRA decides to revise electricity prices for K Electric

According to the notification, the tariff for electric consumers has been increased for six months and reduced for five months.

Published 11 Mar, 2021 11:08am

Business & Finance

K-Electric proposes an increase of Rs1.71 in electricity prices

K-Electric proposed an increase of Rs1.71 in electricity prices to the National Power Regulatory Authority (NEPRA).

Published 09 Feb, 2021 05:31pm

Pakistan

Karachi’s unsolvable water problems; private sector steps up

Delivery of a 1,000-gallon water tanker costs anywhere from PKR 1,500 to PKR 2,500.
The plants which are set up to be self-sustainable based on daily water sales cater to an average of 10,000 households each and help save time and money since women and children either had to travel long distances or stand in queues to buy unsafe water from unreliable sources.

Published 08 Feb, 2021 04:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Cotton US¢/pound / Dec 18	68.50
Petrol/Litre / Dec 19	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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