OGDCL Receives Rs7.725 Billion Eighth Installment Under Circular Debt Settlement Plan
Oil and Gas Development Company Limited receives Rs7.725 billion as eighth monthly interest installment from Power Holding under Rs92 billion circular debt settlement mechanism.
Pakistan’s SOEs Strain Fiscal Health as FY2025 Report Reveals Massive Losses and Governance Gaps
Pakistan’s FY2025 Aggregate Report shows soaring SOE losses, rising debt guarantees, and urgent need for IFRS compliance and strong governance to protect fiscal stability.
Pakistan to Align Electricity and Gas Subsidies with BISP, Says World Bank
The World Bank backs Pakistan’s plan to link electricity and gas subsidies with the Benazir Income Support Programme, aiming to improve targeting, reduce circular debt, and reshape social protection spending.
Pakistan seeks $36 billion power sector refinancing from World Bank, ADB, and Saudi Arabia to reduce tariffs
Pakistan engages with World Bank, ADB, and Saudi Arabia to secure $36 billion in long-term refinancing for the power sector, aiming to ease circular debt and reduce industrial electricity tariffs over the next 13 years.
Pakistan Advised by World Bank to Use Results-Oriented Strategy for Multibillion-Dollar Power Sector Financing
The World Bank has recommended Pakistan adopt a results-driven approach to secure multibillion-dollar refinancing for the power sector, emphasizing regulatory reforms and targeted sectoral interventions to boost growth, investment, and employment.
NEPRA Flags Rs397bn Circular Debt Increase Linked to DISCO Inefficiencies in FY25
NEPRA’s State of the Industry Report 2025 shows weak performance by power distribution companies added Rs397 billion to Pakistan’s circular debt in FY25, highlighting governance and operational failures.
Pakistan Energy Sector Review 2025: Circular Debt, Wheeling Charges, LNG Deals, and Reforms
In 2025, Pakistan’s energy sector saw major policy moves including circular debt restructuring, introduction of wheeling charges, LNG market reforms, and offshore exploration initiatives to boost efficiency and investment.
OGDCL Collects Rs7.725 Billion Sixth Installment Under Pakistan’s Circular Debt Plan
OGDCL receives Rs7.725 billion as the sixth monthly installment from Power Holding Limited under Pakistan’s circular debt settlement mechanism, marking steady progress in addressing the energy sector’s financial liabilities.
OGDCL Receives Rs. 7.72 Billion Fourth Interest Payment Under Government’s Circular Debt Settlement Plan
Oil & Gas Development Company Limited (OGDCL) has received Rs. 7.72 billion as the fourth interest installment from Power Holding (Private) Limited (PHL) under Pakistan’s circular debt settlement plan, marking continued progress in addressing the financial challenges within the country’s energy sector.
Business community criticizes government over continuation of Rs3.23/kWh DSS for six years
Pakistan’s business community has voiced strong criticism against the government for celebrating the continuation of the Rs3.23/kWh Debt Service Surcharge for six years, warning that the move unfairly burdens consumers to repay a massive Rs1.225 trillion loan.