There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in the form of a declining value with respect to the US$, there has been an unanticipated reversal in this trend. During the month of September and up to the middle of October the rupee has actually gained in value by almost 14% in the open market. Simultaneously, the inter-bank exchange rate has improved by over 8%. The appreciation in the value of the rupee has been taking place at…
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Top 10 profit making Institutions:
Oil and Gas Development Company Rs100.8 billion Pakistan Petroleum Company Limited Rs49.4 billions National Bank or Pakistan Rs30.6 billion Government Holding Private Limited Rs29.8 billion National Power Parks Management Rs28 billion Port Qasim Authority Rs15.4 billion National Transmission and Dispatch Company Rs9.3 billion Pak Kuwait Investment Company Private Limited Rs6.3 billion Faisalabad Electric Supply Company Rs6.08 billion Pakistan Agricultural Storage and Services Corporation LimitedRs6.02 billion Top 10 Loss-making Institutions Quetta Electric Supply Company Rs108.5 billion National Highways Authority Rs94.3 billion Pakistan Railways Rs50.2 billion Sukkur Electric Power Company Rs40.8 billion…
Read MorePakistan’s Inflationary Puzzle: Connecting Petrol Prices to Power Bills
Unraveling the link between petrol prices and electricity bills in Pakistan’s inflation scenario. Insights into impacts and solutions.
Read MoreThe Pipeline of Power, Prosperity and Possibilities — Geopolitical and Diplomatic Blockades
In a world where energy security stands as a linchpin of progress and prosperity, Pakistan’s decision to halt the ambitious Iran-Pakistan Gas Pipeline Project has ignited a discourse that intertwines economic aspirations, diplomatic maneuvers, and strategic intricacies. The complexities inherent in this choice reverberate beyond mere energy dynamics, encompassing a plethora of benefits and challenges that must be meticulously weighed. As the globe treads the precipice of an energy crisis, Pakistan’s stance on this critical juncture echoes far beyond its borders, reaching into the very heart of Pakistan’s global standing.…
Read MoreThe Impact of Rupee Devaluation on Pakistan’s Energy Sector
By Mustafa tahir Introduction:Pakistan, like many developing nations, heavily relies on its energy sector to fuel economic growth and meet the demands of its rapidly growing population. However, the country has faced numerous challenges in maintaining a stable economy, one of which is the fluctuation of its national currency, the Pakistani Rupee (PKR). This blog will delve into the consequences of rupee devaluation on Pakistan’s energy sector and explore the various implications it has on the nation’s energy landscape. Increased Cost of Energy Imports:Rupee devaluation results in a weakened currency,…
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