Advertisement
Categories: BusinessNewsPakistan

KP Auction Generates Rs150 Million from Unique Car Plates Sale

Advertisement

Khyber Pakhtunkhwa Auctions Personalised Vehicle Number Plates

The Khyber Pakhtunkhwa government has generated significant revenue through the auction of personalised vehicle number plates in Peshawar. The event attracted strong interest from bidders, with several high-profile plates selling for millions of rupees.

The highest bid so far was recorded for ‘Wazir 1’, which sold for Rs150 million, setting a new record. Other notable sales included:

– **‘Afridi 1’**: Bought by Javed Afridi, owner of Peshawar Zalmi, for Rs140.5 million.
– **‘Khan 1’**: Purchased by Nek Muhammad Khan, PTI Member of the Provincial Assembly from Waziristan, for Rs111 million.

Additional sales included ‘Peshawar 1’ (Rs100 million), ‘Haripur 1’ (Rs80 million), and ‘Yousafzai 1’ (Rs49 million). The plate ‘804’ was withdrawn from the auction, while notable political plates such as those linked to Nawaz Sharif and Zardari were not offered for bidding.

Officials confirmed that these politically charged plates would be auctioned online instead. The event, conducted under a single-bid format, will transition to an e-bidding process for future personalised number plates, ensuring broader participation from national and international bidders.

The Provincial Minister for Excise, Taxation, and Narcotics Control, Syed Fakhar Jahan, expressed enthusiasm about the initiative’s overwhelming public response. He also announced plans to introduce transparent online applications through the Dastak App or direct submission to the Director General of Excise for future customised plates.

Advertisement
News Desk

Recent Posts

Federal Minister Launches Pakistan’s National Wastewater Environmental Surveillance Strategy and Genomics Dashboard

Islamabad: Federal Minister for National Health Services, Regulations and Coordination, Syed Mustafa Kamal, officially launched…

21 hours ago

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

BingX, a leading cryptocurrency exchange and Web3-AI company, today released its Q2 2026 business review,…

1 day ago

Mobilink Bank Named Pakistan’s Best Digital Bank, Secures Three FinanceAsia Awards

Islamabad - Pakistan's leading digital microfinance bank, Mobilink Bank, has secured top honors at the…

1 day ago

Supernet Technologies Enters Next Phase of Growth; Board Approves Rs915 Million Rights Issue

Supernet Technologies Limited (PSX: STL) has announced that its Board of Directors has approved a…

2 days ago

PTCL confirms Nadeem Khan as Chief Executive Officer

The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today confirmed Nadeem Khan as…

3 days ago

LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

Lucky Investments Limited ("Lucky Investments"), one of Pakistan's fastest-growing Shariah compliant Asset Management Companies, has…

3 days ago