CCoP Seeks Alternative Circular Debt Financing Mechanism Before FESCO, GEPCO And IESCO Privatisation
Cabinet Committee on Privatisation directs Power and Finance divisions to develop an alternative to Circular Debt Financing before the privatisation of FESCO, GEPCO and IESCO.
Pakistan Power Sector Circular Debt Rises To Rs1.675 Trillion In FY26
Pakistan’s power sector circular debt increased by Rs61 billion to Rs1.675 trillion in FY26, with Discos’ operational inefficiencies contributing Rs262 billion.
K-IV Water Project Needs Rs70 Billion More as WAPDA Reviews Dedicated Security Force
The National Assembly Standing Committee on Water Resources was informed that the K-IV water supply project requires another Rs70 billion for completion, while WAPDA is considering a dedicated security force for its major projects and installations.
SECP Issues Show-Cause Notices to 41 SOEs Over Financial Reporting Failures
The SECP cracks down on 41 state-owned enterprises, including Pakistan Steel Mills and PTV, for failing to file audited accounts and annual returns.
Pakistan’s major dams reach maximum capacity, boosting water and energy security
Pakistan’s major reservoirs, including Mangla, Tarbela, and Chashma, have reached their maximum capacity, a development set to strengthen agricultural irrigation and hydropower generation while improving the country’s overall water and energy security.