Trends - PPAs - Business Recorder

PPAs

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

July FCA: KE allowed Rs3/unit tariff hike

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has increased KE’s tariff by Rs 3 per unit under...

Updated 26 Oct, 2024 08:39am

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

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

Net metering: Balancing the scales—III

One frequent option often advocated to address the issue of growing power rates for all consumers, particularly...

Updated 21 Oct, 2024 08:36am

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

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

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

Business & Finance

PM, federal cabinet efforts to terminate five PPA’s lauded

KARACHI: Chairman of the Pakistan Business Forum (PBF) for Balochistan, Daroo Khan Achakzai and PBF South Punjab...

Published 12 Oct, 2024 07:25am

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

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

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

Business & Finance

IPP agreements main reason behind power challenges: PBF

KARACHI: Pakistan Business Forum (PBF) stated that the power purchase agreements (PPAs) with Independent Electricity...

Updated 29 Jul, 2024 09:30am

To be conducted by PPIB, CPPA-G and Nepra: Govt orders ‘audit’ of agreements with IPPs

ISLAMABAD: Minister for Power Sardar Awais Khan Leghari on Friday ordered the audit of dozens of IPPs (Independent...

Updated 13 Jul, 2024 08:53am

Chinese IPPs: MoF seeks update on payment issues

ISLAMABAD: Ministry of Finance (MoF) has sought updated status from Power Division on commitments made by Caretaker...

Updated 22 Nov, 2023 09:21am

Hydroelectric sector: Wapda challenges Nepra’s tariff determination

ISLAMABAD: Water and Power Development Authority (Wapda) has challenged National Electric Power Regulatory AUTHOIRTY...

Updated 14 Nov, 2023 08:51am

Power projects: Chinese again refuse to renegotiate PPAs

ISLAMABAD: Chinese power projects have, once again, refused to renegotiate Power Purchase Agreements (PPAs) with the...

Updated 13 Oct, 2023 09:49am

First review under SBA becomes due: Ministries spurred into action

Ministry of Finance asks all ministries to implement all the commitments made with the International Monetary Fund

Updated 05 Oct, 2023 09:47am

Avoiding financial implications: Power Div asked to revise FGOs of GPPs

ISLAMABAD: Directorate General of Gas (Petroleum Division) has urged Power Division to revise Firm Gas Orders (FGOs)...

Updated 26 Sep, 2023 09:23am

To be applicable from July 1, 2023: Govt set to approve transition of LIBOR to ‘SOFR’

ISLAMABAD: The government is all set to approve transition of London Interbank Offer Rate (LIBOR) to Secured Over...

Updated 19 Sep, 2023 09:10am

CPEC power plants: Sinosure demands govt make payments

ISLAMABAD: China Export & Credit Insurance Corporation (Sinosure) has warned the GoP on not honouring its...

Updated 18 Sep, 2023 09:45am

Opinion

Nationalise the IPPs

In Gordium, the capital of Phrygia (ancient Greece), legend had it that whoever could untie an oxcart tied by a...

Updated 13 Sep, 2023 06:44am

Five DFC wind power projects: US says no new investment till tariff settlement

ISLAMABAD: The United States has categorically conveyed to Islamabad not to expect any investment from US...

Updated 15 May, 2023 08:55am

Opinion

Will PPAs become road blocks to solar energy ‘revolution’?

Shorter PPAs may prevent the lock-in of unsustainable incentives while offering a reprieve from expensive fossil-fuel based power generation at a considerable margin

Updated 08 Feb, 2023 02:51pm

Forex reserve levels attract PM’s attention

Prime Minister's Office seeks a report from Finance Ministry on pending foreign exchange approvals from State Bank of Pakistan

Updated 08 Dec, 2022 09:18am

GE seeks $100m for upgradation of RLNG plants in Punjab

ISLAMABAD: M/s General Electric (GE) has demanded $ 100 million for upgradation of RLNG-fired power plants in ...

Updated 07 Jul, 2022 09:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 18	277.93
USD PKR Interbank Buying / Nov 18	277.73
USD to Japanese Yen / Nov 18	154.71
USD to Swiss Franc / Nov 18	0.89
Pound Sterling to USD / Nov 18	1.26
Euro to USD / Nov 18	1.05

Stock	Volume
S&P 500 / Nov 15	5,870.62
Nasdaq / Nov 15	18,680.12
Dow Jones / Nov 15	43,444.99
India Sensex / Nov 18	77,426.82
Tokyo Nikkei / Nov 18	38,220.85
Hang Seng / Nov 18	19,562.62
FTSE 100 / Nov 18	8,080.78
Germany DAX 30 / Nov 18	19,274.60

Item	Value
Petrol/Litre / Nov 18	248.38
Crude Oil USD/Barrel / Nov 18	67.17
Karachi Cotton PKR/37.32 KG / Nov 18	18,085
Gold 10 Grams PKR / Nov 18	231,396
Gold Spot USD/Ounce / Nov 18	2,583.36
Diesel/Litre / Nov 18	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 18 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 18 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 18 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 18 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 18 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 18 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 18 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 18 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 18 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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PPAs

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