Thursday, May 13, 2021
Tags Circular Debt

Tag: Circular Debt

Proposed power projects will increase circular debt, says FPCCI president

KARACHI: Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has demanded that the Federal Government should...

Power Division to demand Rs 588 billion as subsidy for next financial year

Islamabad: The Ministry of Power is likely to seek Rs 588 billion as subsidy to meet the price differential between the cost of electricity...

Cabinet Committee on Energy defers final decision on MoU with IPPs till Feb 8

Islamabad: Cabinet Committee on Energy deferred the final decision on payment mechanism and agreement with Independent Power Producers (IPPs) till February 8. A meeting of...

Government offers cash and PIBs to IPPs against circular debt

The government has offered a two trench plan to the Independent Power Projects (IPPs) for clearing circular debt. The government proposed giving one third...

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