Total releases under Extended Fund Facility to reach $3.7 billion

Its board has not yet approved the bidding case, says govt official.

After the release of seventh tranche, the total disbursements under the programme would now reach to $3.7 billion

Price set at Rs250m, company to also take over all outstanding liabilities of Heavy Electrical Complex.

Terms it an attempt to mislead accounts watchdog

Seeks solid guarantees for picking up all liabilities of the state-owned company along with Rs250 million in cash

Pakistan has failed to introduce reforms in energy, taxation and public sector enterprises, says ADB country director

Accepts Rs650m worth of liabilities as part of potential deal.

Process of rehabilitation likely to last for another year and a half

Loan is aimed at enhancing agriculture productivity, which is hurt by high water losses.