Pakistan Approaches World Bank for Refinancing $36bn Energy Sector Debt to Reduce Power Tariffs
Pakistan has approached the World Bank to explore refinancing options for $36 billion in energy sector debt, aiming to replace costly foreign loans with cheaper multilateral financing and reduce electricity prices for consumers.
PM Shehbaz Orders Distribution of Seized Solar Panels, Fast-Tracks Gwadar and GB Solar Projects
Prime Minister Shehbaz Sharif has directed FBR, the Power Division, and the Gilgit-Baltistan government to develop a system for distributing seized solar panels while accelerating key solar power projects in Gwadar and Gilgit-Baltistan to improve energy reliability and sustainability.