PM Shehbaz inaugurates 1650MW coal-fired electricity generation projects in Thar

Web Desk 01:18 PM | 22 Mar, 2023

Source: Radio Pakistan

ISLAMABAD – Prime Minister Shehbaz Sharif launched the 1650 Mega Watts Shanghai Electric Thar and Thal Nova Thar projects in Tharparkar.

The two projects including 1,320 MW Shanghai Electric Thar and 330 MW Thal Nova Thar are expected to generate 11.24 billion units of low-cost electricity. The production of coal-based electricity will increase up to 3,300 MW through the direct investment of $3.53 billion.

The coal power projects were made operational on the directive of Prime Minister Shehbaz Sharif.

More to follow...

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Forex

USD to PKR: Pakistani rupee remains stable against dollar amid ongoing talks with IMF

KARACHI – Pakistani rupee, which is facing blows in the open market, remained stable against the US dollar, in the inter-bank market on Wednesday.

The local currency moved slightly upward during the opening hours of trading in the inter-bank market. Before noon, PKR was hovering around 285.22, with a slight increase of Rs0.13.

As the situation remained under control in the interbank market, the rupee hits a fresh record low in the open market and was selling at 315 per dollar.

In a recent development, the IMF mission chief shared positive news, confirming that talks are underway with Pakistani authorities. The resumption of the IMF programme remains important for the crisis-hit country.

https://en.dailypakistan.com.pk/31-May-2023/today-s-currency-exchange-rates-in-pakistan-dollar-euro-pound-riyal-rates-on-may-31-2023

Gold & Silver Rate

Today's gold rates in Pakistan – May 31 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 232,300 on Wednesday.The price of 10 grams of 24k gold was recorded at Rs199,160.

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City	Gold	Silver
Lahore	PKR 232,300	PKR 2,485
Karachi	PKR 232,300	PKR 2,485
Islamabad	PKR 232,300	PKR 2,485
Peshawar	PKR 232,300	PKR 2,485
Quetta	PKR 232,300	PKR 2,485
Sialkot	PKR 232,300	PKR 2,485
Attock	PKR 232,300	PKR 2,485
Gujranwala	PKR 232,300	PKR 2,485
Jehlum	PKR 232,300	PKR 2,485
Multan	PKR 232,300	PKR 2,485
Bahawalpur	PKR 232,300	PKR 2,485
Gujrat	PKR 232,300	PKR 2,485
Nawabshah	PKR 232,300	PKR 2,485
Chakwal	PKR 232,300	PKR 2,485
Hyderabad	PKR 232,300	PKR 2,485
Nowshehra	PKR 232,300	PKR 2,485
Sargodha	PKR 232,300	PKR 2,485
Faisalabad	PKR 232,300	PKR 2,485
Mirpur	PKR 232,300	PKR 2,485