Shehbaz Sharif earns Germany's praise for energy uplift in Pakistan

05:20 PM | 9 Dec, 2017
Shehbaz Sharif earns Germany's praise for energy uplift in Pakistan
JHANG - German Ambassador Martin Kobler to Pakistan Martin Kobler on Saturday praised Punjab Chief Minister Shehbaz Sharif for his unmatched efforts to improve energy sector in the country.

The ambassador expressed his views during a groundbreaking ceremony of 1263MW Punjab Power Plant.

Prime Minister Shahid Khaqan Abbasi laid the foundation stone of a power plant in Jhang today along with Chief Minister Punjab Shehbaz Sharif.

The 1,263 Megawatt LNG (Liquefied natural gas) power plant will be constructed near the Trimmu Barrage and is estimated to cost USD800 million.

The project is being funded by China and Punjab government and is expected to be completed in 26 months, however, it will start power generation of 810 MW within 14 months.

Addressing the audience at the time of agreement for the said project, Punjab Chief Minister Shehbaz Sharif had vowed to end the load shedding with concrete measures by the Pakistan Muslim League-Nawaz government.

The Chief Minister pointed out that all power projects had been completed speedily with utmost transparency.


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter