Budget deficit reaches Rs5.6trn, NA told ISLAMABAD: Federal Minister for Energy Khurram Dastgir Khan has said that the budget deficit has reached Rs5.6... Updated 17 May, 2022 09:47am
Print Load-shedding challenge: Rs329bn is needed: Power Division Power Division seeks Rs 108 billion by May 25, 2022 Updated 30 Apr, 2022 10:27am
Opinion The challenge of power sector circular debt Power sector circular debt, which is the product of power theft, high losses and other associated factors,... Published 29 Apr, 2022 05:43am
Print Dastgir tasked to deal with load-shedding, circular debt ISLAMABAD: Power Division, has finally got its Federal Minister, Khurram Dastgir Khan, after almost two weeks, ... Updated 27 Apr, 2022 10:12am
Opinion Economy: sanity must prevail Times are tough. The fiscal deficit is slipping, and the circular debt is growing due to growing energy prices... Published 25 Apr, 2022 05:42am
Print Failure to buy LNG from spot market: Gas crisis set to simmer in summer Only eight LNG cargoes will be imported for April against the demand of 12 Updated 13 Apr, 2022 01:51pm
Print Diversion of LNG to households: PD says circular debt likely to soar to Rs398bn by 2025 Petroleum Division tells parliamentary committee circular debt can be contained only through price rationalisation Updated 18 Mar, 2022 01:49pm
Editorials Circular debt continues to snowball EDITORIAL: Once again the circular debt (CD) returns to the headlines and the government is as blank as ever about... Updated 05 Mar, 2022 11:44am
Print Energy sector: Circular debt swells to Rs2.358trn in 7 months ISLAMABAD: The troubling energy sector’s circular debt has reached Rs2.358 trillion during the first seven months... Updated 03 Mar, 2022 09:46am
Print ‘Rs5 power tariff cut will be adjusted through budgetary reallocation’ ISLAMABAD: Minister for Energy, Hammad Azhar Monday said reduction of electricity tariff by Rs 5 per unit will be... Updated 01 Mar, 2022 01:09pm
Pakistan NA panel approves Rs 172.17bn budgetary proposals of PD ISLAMABAD: National Assembly Standing Committee on Power Thursday unanimously recommended budgetary proposals of... Published 18 Feb, 2022 04:31am
Pakistan PPP says concerned at increase in electricity rates, circular debt ISLAMABAD: Pakistan People’s Party (PPP) has expressed serious concern over increase in electricity rates and... Published 13 Feb, 2022 05:48am
Editorials Cart before the horse EDITORIAL: The World Bank (WB) hasn’t exactly raised a red flag about shortcomings in the proposed draft Energy... Published 12 Feb, 2022 05:09am
Print Agreement with IMF: More hike in electricity base tariff on the cards ISLAMABAD: The Government is all set to increase electricity base tariff under the agreement with International... Updated 06 Feb, 2022 09:09am
Opinion There appears to be no light at the end of the tunnel It is indeed a matter of grave concern for every Pakistani that country’s energy sector circular debt flow is ... Published 03 Feb, 2022 04:02am
Print Circular debt showing Rs33bn monthly growth ISLAMABAD: Pakistan’s energy sector circular debt flow is still soaring with an average growth of about Rs33... Updated 03 Feb, 2022 03:40pm
Pakistan PM urged to help country avert ‘economic collapse’ ISLAMABAD: President Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Mian Nasser Hyatt Maggo has... Published 27 Jan, 2022 04:05am
Business & Finance Circular debt: SNGPL blames fertilizer sector, domestic consumers ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has termed fertilizer industry and domestic consumers as key... Published 27 Jan, 2022 04:05am
Print First five months of current fiscal: Circular debt touches Rs2.41trn mark ISLAMABAD: The country’s circular debt has reached Rs 2.410 trillion mark during the first five months... Updated 12 Jan, 2022 09:47am
Print Revised Circular Debt Management Plan: Additional financial cost surcharge for payment of markup proposed ISLAMABAD: Rejecting the “unrealistic” financial assumptions used by the Power Division in preparation of ... Updated 08 Jan, 2022 10:19am
Print PSO: power sector key defaulter ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high at Rs425.446 billion by ... Published 01 Jan, 2022 04:07am
Print Changes in $ rate, CPI and fuel mix: Circular debt management plan recalibrated ISLAMABAD: The Power Division has recalibrated Circular Debt Management Plan (CDMP) 2021-23 due to changes in dollar... Updated 16 Dec, 2021 10:38am
Pakistan PPP accuses PTI govt of increasing circular debt by ‘110pc’ ISLAMABAD: Pakistan People’s Party (PPP) has accused the Pakistan Tehreek-e-Insaf (PTI) government of increasing... Published 05 Dec, 2021 04:26am
Print Circular debt soared to Rs2.419trn by Oct 31st ISLAMABAD: The country’s energy sector circular debt has increased by 120 percent to Rs 2.419 trillion on October... Updated 04 Dec, 2021 09:47am
Business & Finance Burgeoning circular debt termed serious threat to economy KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ... Published 03 Dec, 2021 04:31am
Print PSO receivables hit Rs402.863bn mark The company announced its highest-ever after-tax profit of Rs29 billion for financial year 2020-21 Updated 28 Nov, 2021 10:01am
Print Circular debt of PSO soars to all-time high ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high of Rs397.5 billion in November.... Published 19 Nov, 2021 04:35am
Markets Power transmission system to get Rs111bn investment in 3 years: energy minister ISLAMABAD: Minister for Energy Hammad Azhar said that an investment of Rs111billion will be made in the power... Published 11 Nov, 2021 05:20am
Print Circular debt reaches Rs2.379trn mark in Q1 ISLAMABAD: The country’s circular debt has reached Rs 2.379 trillion during the first quarter (July-September)... Updated 30 Oct, 2021 12:41pm
Print Circular debt reaches Rs2.294trn in July-August ISLAMABAD: The country's circular debt has reached Rs2.294 trillion during the first two months (July-August) ... Updated 26 Oct, 2021 09:44am