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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.

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Web Desk Karachi
Jan 22, 2025

K-Electric owes govt over Rs225 billion, including Rs186.5 billion in interest

According to the Power Division’s monthly report, the power sector’s circular debt stood at Rs2.381 trillion at the end of November 2024, showing a decrease of approximately 11 percent from Rs2.678 trillion in November 2023.

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

K-Electric owes govt over Rs225 billion, including Rs186.5 billion in interest

PM Shehbaz promotes Lt Gen Aamer Raza to four-star rank, appoints him National Strategic Command chief

Wangchuk ends hunger strike, but India’s CJP protests to continue during govt talks

Pakistan among 18 countries facing new 10% US tariffs

Trump says Xi Jinping to visit US in Sep

Petrol and diesel prices surged; notification issued