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
Editorials Chickens always come home to roost EDITORIAL: Sustained flawed policies and mismanagement, spanning not just one administration's tenure but several... Published 25 Oct, 2021 05:32am
BR Research Power tariff hike: Details awaited It was not long ago when the then Finance Minister Shaukat Tarin was vehemently opposing any idea of power tariff... Published 22 Oct, 2021 07:25am