Trends - KElectric - Business Recorder

KElectric

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

Markets

PSX rangebound: BRIndex100 slips

KARACHI: Pakistan Stock Exchange Friday closed on a negative note due to selling in various sectors as investors...

Published 23 Jan, 2021 03:56am

Pakistan

SSGC clarification

KARACHI: “SSGC emphatically declines the assertions made by Moonis Alvi, CEO K-Electric the other day related to...

Published 22 Jan, 2021 04:47am

Markets

PSX stages recovery: BRIndex100 retreats

KARACHI: Pakistan Stock Exchange on Thursday witnessed a bullish trend on the back of healthy buying, mainly by ...

Published 22 Jan, 2021 04:47am

Business & Finance

K-Electric Results Review

Company Overview K-electric was incorporated as limited liability company in 1913 and is listed on Pakistan Stock...

Updated 18 Jan, 2021 12:29pm

Business & Finance

Shell & K-Electric Partner to Develop Three EV Charging Stations in Karachi

Shell has signed a MoU with K-Electric to jointly develop the first three Electric Vehicle (EV) charging stations in Defense, Gulshan and Gadap.

Published 09 Jan, 2021 03:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Petrol/Litre / May 8	288.49
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Diesel/Litre / May 8	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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