Power sector

Beryl makes landfall near coastal town of Matagorda, Texas with maximum sustained winds of 80 mph (129 kph)

Pakistan narrowly averted a default last summer thanks to a short-term IMF bailout of $3 billion

Electricity theft, less recoveries cause huge loss; govt to study different models

Chinese companies presented their expertise in power transmission, agreed to meet with Pakistani power sector

Monthly fuel cost adjustment (FCA) is a big hole in the power sector

Private sector’s expertise, capital should be utilised to reform banks and power sector

CPPA-G urges solar tax for residential and commercial users, Rs2,000 per kilowatt

Experts agree privatisation can have snowball effect, incentivise more investors

Minister urges privatisation of struggling DISCOs, unveils plan to combat theft

DISCOs want to recover amount on account of capacity charges, T&D losses