Circular debt is a major financial problem in Pakistan's energy sector, created by a mismatch between the cost of generating electricity and the revenue collected from consumers. It involves a complex ...

Oil and Gas Development Company Limited has received another significant payment under the government’s circular debt reduction programme after Power Holding Private Limited transferred ₨7.725 billion ...

ISLAMABAD, Jan. 27 -- Pakistan's power sector circular debt rose by Rs75 billion in the first half of the current fiscal year despite significant capital injections and large-scale commercial ...