Pakistan’s combined power and gas circular debt has risen to Rs5.1 trillion, lawmakers were told during a National Assembly ...

The federal government has signed a historic Rs1.225 trillion financing agreement with a consortium of 18 banks to address the country's ballooning power sector circular debt. Finance Minister ...

Pakistan's PSDP faces a catastrophic Rs. 10.8T backlog. Ongoing IMF programs continue to squeeze vital infrastructure ...

KARACHI (Reuters) -Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in its power ...

Oil and Gas Development Company Limited has received another significant payment under the government’s circular debt reduction programme after Power Holding Private Limited transferred ₨7.725 billion ...

For most of the past decade, the energy sector has been the wound that Pakistani policymakers reopened every summer. Circular debt, expensive independent power producers, inefficient distribution ...

KARACHI, May 9 (Reuters) - Pakistan State Oil (PSO.PSX), opens new tab, the country's largest oil marketer, says it is in talks with the government on a plan to acquire stakes in public sector energy ...

Pakistan’s federal cabinet has approved a 1.275 trillion Pakistani rupees (approximately 4.6 billion dollars) plan to tackle circular debt in the power sector, aim to restore financial stability and ...

The China-Pakistan Economic Corridor which was projected for close to a decade as being a game changer for the Pakistani ...

Pakistan’s ongoing engagement with the International Monetary Fund (IMF) is shaping many of the economic policies expected to ...