ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday directed an overhaul of the power transmission, distribution and recovery process of the distribution companies to cut down inefficiencies and to find a permanent solution to the…
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that the government's mismanagement and corruption has brought the country to the sorry state of affairs, ARY News reported. He made the statement in a tweet on…
ISLAMABAD: The volume of circular debt in the energy sector has crossed Rs. 300 billion, ARY News reported on Wednesday. According to government statistics, the circular debt in the energy sector has reached to Rs. 328 billion.…
ISLAMABAD: International Monetary Fund (IMF) has instructed Pakistan to end its circular debt on energy sector, reduce the subsidy provided to consumers on electricity and privatize state institutions, ARY News reports.
ISLAMABAD: Private power companies have demanded Rs. 220 billion from the federal government for payment to fuel suppliers and banks, ARY News reports.