Stories from ZAFAR BHUTTA
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Mills seek govt nod for sugar export
Want to sell another 850,000 tons in overseas markets due to surplus production
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Support units proposed for distribution firms
Power Division acknowledges failure to address inefficiencies, mismanagement
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No ‘capacity payments’ for small hydel units
Currently, consumers are shouldering 70% of electricity costs due to these payments made to IPPs
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Govt to offer reward for DISCOs’ old recoveries
Will give company staff, LEAs 30% of arrears recovered from defaulters
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Govt to consult UAE on PARCO
Plans to pump $1.3b into refinery for setting up hydrocracker unit for clean fuels
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Cabinet places sugar price cap
Export will be halted if domestic price exceeds cap
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A chronicle of mismanagement and financial woes
Inefficiencies, political interference, and outdated infrastructure fuel soaring costs
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PM dismayed by oil, gas losses
E&P firms suffer Rs14b loss owing to delay in payments by public utilities
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Petrol prices could surge by Rs7.67 per litre
If implemented, this could raise petrol prices to Rs 278.28 per litre, marking an increase of Rs12.67
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Govt rejects Rs25b grant for Pakistan Railways
Amount sought to clear pending liabilities, ensure smooth railway operations









