Oil and Gas Development Company Limited has received Rs. 7.725 billion from Power Holding Private Limited, marking the eighth ...

Oil and Gas Development Company Limited (OGDCL) said on Wednesday it had received Rs7.725 billion from Power Holding (Private) Limited (PHL), its eighth consecutive monthly interest payment under the ...

Pakistan’s gas sector faces Rs3.283 trillion circular debt, with lawmakers urging reforms and potential privatisation; SNGPL ...

Pakistan’s gas sector is sinking under a staggering Rs3.283 trillion circular debt, lawmakers were told, as parliamentarians warned that mounting losses at state-run utilities could ultimately ...

Minister for Power Division Awais Leghari said on Friday that circular debt would be completely eliminated within the next six years. He further said consumers would have to pay Rs3.23 per unit to ...

Pakistan's power sector circular debt has increased by Rs79 billion during the first quarter of the ongoing fiscal year 2025-26. The total circular debt rose to Rs1.693 trillion during the first ...

Minister for Climate Change Musadik Malik said the scheme would help reduce carbon footprint, reduce energy costs to consumers and reduce peak summer demand and contribute to climate resilience. He ...