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power subsidy

ECC approves ‘winter package’: Eligible consumers to pay Rs26.07/kWh tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a three-month winter...

Updated 20 Nov, 2024 09:26am

Pakistan

Power minister says National Transmission and Despatch Company to be restructured

Minister for Power Sardar Awais Ahmad Khan Leghari said Saturday that the National Transmission and Despatch Company...

Published 09 Nov, 2024 08:14pm

Markets

PM announces power relief ‘winter package’

ISLAMABAD: At a time when electricity bills had become exorbitant and seemed to have reached a breaking point, Prime...

Published 09 Nov, 2024 06:36am

Pakistan

PM Shehbaz announces three-month power subsidy package for winter season

Premier says household consumers will save up to Rs26 per unit

Updated 08 Nov, 2024 10:18pm

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

Subsidies to BISP recipients: Ministry seeks PD’s help to get consumers’ data from KE

ISLAMABAD: Ministry of Poverty Alleviation and Social Safety (MPA&SS) has sought Power Division’s support to get...

Updated 12 Oct, 2024 08:59am

Protected consumers to get power subsidy via e-vouchers

ISLAMABAD: The Ministry of Poverty Alleviation and Social Safety (MPA&SS) has decided to extend subsidy directly...

Updated 03 Oct, 2024 09:16am

Minimum tax payment: KE’s fuel cost, subsidy recoveries should be treated as turnover: SHC

ISLAMABAD: Sindh High Court (SHC) Monday ruled that the subsidy and fuel cost recovered by Karachi Electric Supply...

Updated 01 Oct, 2024 08:53am

Editorials

Punjab power subsidy

EDITORIAL: Punjab Chief Minister Maryam Nawaz may have laughed off her Sindh counterpart’s criticism of the...

Published 25 Aug, 2024 03:05am

Centre follows in Punjab’s footsteps: subsidy announced

ISLAMABAD: The federal government has announced a substantial subsidy of Rs50 billion for electricity consumers...

Updated 20 Aug, 2024 09:32am

Pakistan

Power consumers: Punjab govt to give Rs45bn subsidy for 2 months: Nawaz

LAHORE: Announcing that the PML-N-led Punjab government has decided to bring Rs 14 per unit relief in the bills of...

Published 17 Aug, 2024 06:12am

Business & Finance

KATI for releasing pending Rs33bn power subsidy immediately

KARACHI: The Korangi Association of Trade and Industry (KATI) has urged the government to immediately release a...

Updated 13 Aug, 2024 08:00am

Govt budgets Rs406bn to stem circular debt growth

ISLAMABAD: The government has budgeted Rs406 billion – in addition to the regular subsidy for electricity bills...

Updated 20 Jul, 2024 02:02pm

Bid to raise subsidy for protected power users: Further cut in FY25 PSDP likely

PM has also removed Additional Secretary Power Division Zafar Abbas, an officer of BS-21 of Secretariat Group, who was dealing with key affairs of the Power Division

Updated 09 Jul, 2024 12:44pm

Pakistan

A whopping 103.7pc raise in power subsidy

ISLAMABAD: The federal government has increased subsidy for power sector by a whopping 103.7 percent – from the...

Published 13 Jun, 2024 03:32am

Power sector: MoF agrees to extend Rs1.094trn subsidy

ISLAMABAD: The Finance Ministry is said to have agreed to extend subsidy of Rs 1.094 trillion for the financial year...

Updated 30 May, 2024 08:39am

‘Inflated’ bills: Intelligence agency comes to the rescue of power consumers?

Agency has prompted caretaker government to intervene and take action to provide immediate relief

Updated 10 Oct, 2023 12:40pm

Shamshad informs Senate body: No ‘fiscal space available’ for subsidies

ISLAMABAD: The members of the Senate Standing Committee on Finance demanded of the government to withdraw seven...

Updated 31 Aug, 2023 09:25am

Business & Finance

Rs7.50 hike in power tariff formally approved

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has formally approved increase of Rs 7.50 per unit ...

Published 26 Jul, 2023 06:17am

CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment

Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24

Updated 08 Jul, 2023 05:15pm

ECC approves Rs80bn subsidy for power sector

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs80 billion subsidy for the power...

Updated 22 Jun, 2023 08:54am

Power sector subsidy: Finance shows willingness to allocate Rs450bn

ISLAMABAD: Finance Division has reportedly shown willingness to allocate Rs 450 billion for power sector subsidy in...

Updated 17 May, 2023 09:10am

Rs80bn gas subsidy to five export sectors ends

ISLAMABAD: The federal government has ended the Rs 80-billion subsidy on gas to five export sectors for FY...

Updated 30 Apr, 2023 04:51pm

Withdrawal of export power subsidy: Treasury MPs come down hard on govt

ISLAMABAD: The treasury lawmakers in the National Assembly Thursday came down hard on the government for withdrawing...

Updated 31 Mar, 2023 08:53am

Withdrawal of power subsidy to hurt exports further: FPCCI

Business & Finance

Ishaq Dar says provision of electricity at a subsidised price till June 2023 would cost Rs100 billion to government on account of cost differential

Updated 07 Oct, 2022 09:59am

Markets

Export-oriented sectors: Govt backs out of subsidised power decision

Insiders claim that the decision has been taken to meet the conditions of International Monetary Fund (IMF) as the Fund has not supported additional funding for export-oriented industry

Updated 23 Aug, 2022 09:25am

Subsidized power to export-oriented sectors: PD says it needs Rs77.9bn

ISLAMABAD: The Finance Ministry would be required to provide Rs77.9 billion to the Power Division if it wanted to...

Updated 02 Aug, 2022 09:39am

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

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