Search For "pakistan power sector"
Pakistan's power sector sinks further as losses, theft and subsidies drain
Updated : 2 months, 1 week ago IST
According to The Express Tribune, the annual report revealed that the sector's total liabilities surged to PKR 9.2 trillion, far exceeding assets of PKR 8.4 trillion.
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Pak's AG uncovers PKR 4.8 trillion in irregularities in counrty's power se
Updated : 7 months, 1 week ago IST
The Auditor General of Pakistan (AGP), in its audit report for the fiscal year 2023-24, has uncovered financial and operational irregularities worth PKR 4,800 billion in the country's power sector, raising concerns over governance and transparency, Geo News reported.
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Senate panel orders forensic audit of IPPs, warns of unrest over costly el
Updated : 1 year, 7 months ago IST
A parliamentary panel in Pakistan has called for a forensic audit of the Independent Power Producers (IPPs) in Pakistan. This action was demanded due to the high costs of electricity bills, which could lead to potential unrest in the country, the Panel suggested, The News International repor
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IMF rejects Pakistan's circular debt management plan, calls for increase i
Updated : 3 years, 1 month ago IST
The IMF has called the revised CDMP "unrealistic", which is made on the basis of certain wrong assumptions.
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Pakistan guards CPEC reality better than state secrets; power sector to fa
Updated : 3 years, 6 months ago IST
Beijing [China], September 20 (ANI): Secrets of CPEC projects are guarded more than state secrets by the Pakistani government still the occasional spills suggest that these projects are facing severe challenges to sustain which is posing a great hindrance to the country's power sector growth
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Pakistan power sector bankrupt, Chinese partner companies call for immedia
Updated : 4 years ago IST
Islamabad [Pakistan], March 25 (ANI): Pakistan's power sector has gone bankrupt but the country lavishly spends its resources on secretly funding terrorist activities and fails to honour its payment obligations to the Chinese partners in the power projects who have expressed concerns to Isla
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Pakistan's economy bears additional burden from circular debt of power sec
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 12 (ANI): The Imran Khan government like its predecessors has not been able to stop Pakistan's power sector from continuously bleeding cash as the country's circular debt of the power sector has been gathering girth since 2007, and to date, all the regimes t
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Pakistan: Power sector circular debt surges to Rs 2.47 trillion
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 11 (ANI): Pakistan Tehreek-e-Insaf (PTI) has broken all previous records as the power sector circular debt during its regime reached the highest level of Rs 2,476 billion in the history of the country, local media reported.
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