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Business

Web Desk Karachi
Feb 24, 2025

Government negotiates Rs1,240 billion loan to tackle circular debt crisis

Once the term sheet is completed, the government plans to borrow from banks for a seven-year period, which will be repaid by electricity consumers through a current debt servicing surcharge of Rs3.23 per unit incorporated into the tariff.

Pakistan

Web Desk
Sep 22, 2024

How IPPs drain Pakistan’s economy in breach of contract?

Despite Pakistan’s coal reserves, IPPs remained dependent on imported fuels such as high-speed diesel and coal for power generation

Pakistan

Web Desk
Aug 08, 2024

Fourth government, JI talks fail to resolve issues

The next session of negotiations is scheduled for Thursday.

Pakistan

Web Desk
Jul 25, 2024

Islamabad gears up for JI sit-in on D-Chowk

JI deputy chief warned the federal government that any attempts to obstruct their peaceful protest would be met with nationwide escalation.

Pakistan

Web Desk
May 24, 2024

Citizens face 18-hour load shedding amidst 6,000 MW shortfall

Currently, 6,200 MW of electricity is generated from hydropower sources, with 2,200 MW from Tarbela Dam alone. Meanwhile, Ghazi Barotha generates 1,200 MW, and Mangla Dam provides 950 MW.