ISLAMABAD: Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari, informed the National Assembly that the early termination of agreements with six Independent Power Producers (IPPs) is projected to …
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Economy
Federal govt gives Rs 200 billion to power companies: GENCOS get Rs 140 billion lion’s share
ISLAMABAD: In a groundbreaking effort to address the ongoing circular debt crisis in the energy sector, the government has taken swift action by disbursing approximately Rs200 billion among power companies. …
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Circular debt reaches Rs 2.3 trillion ISLAMABAD: The caretaker government, frustrated by persistent circular debt and line losses, is actively considering two potential strategies. These strategies involve either privatizing both …
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EconomyLatest Updates
IMF, WB ramp up pressure on govt to increase power tariff
by Umar Sohailby Umar SohailIMF, WB step up pressure on government for hike in power tariff. World Bank links its $1 billion credit loan for energy projects with an increase in power tariff from …