The Power Division on Monday denied media reports claiming circular debt increased by Rs224 billion between July and November 2025. Officials called the reports misleading, saying they lacked updated data and failed to consult the ministry. The division said seasonal debt fluctuations are normal and expected to normalize by the fiscal year’s end. The ministry […]
Pakistan circular debt
Power sector circular debt set to soar to Rs 2,300 billion
Islamabad: Pakistan’s power sector circular debt may rise by Rs 735 billion during the current fiscal year, pushing the total to around Rs 2,300 billion, sources said. The increase is partly due to rebasing adjustments, while reduced losses in distribution companies and improved recoveries could limit the rise by Rs 212 billion. Authorities plan to […]