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.