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Power ministry permitted to get Rs 31bn loan

ISLAMABAD: The Finance Ministry has allowed the Ministry of Water and Power to get Rs 31 billion loan, ARY News reported Friday.

The Government of Pakistan will provide guarantee for loan to Water and Power Ministry.

It is expected that the loan will be used to end circular debt.

Meanwhile, gas reserves were discovered in Peer Koh. Secretary petroleum has approved provision of 6mmcd gas to Guddo Thermal Power Plant.                                                                                                                                                                                                                                                                                                                         

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