Power sector

Seven years ago, lack of power availability was one of the biggest issues in Pakistan

High-level meeting, with representation from the federal govt, to sort out bottlenecks

Govt gives more representation to provinces to decide on major projects

Official tells Senate panel installed capacity stands at over 35,000MW

Minister says scores of companies are interested in making investment

Development comes after govt launched anti-power theft campaign

Power companies will borrow from banks through Sukuk issue to reduce their liabilities

Govt will provide Rs271.5 billion in FY20

Reforms in the power sector could boost business profits by $8.4 billion a year

Finance minister says only current losses may be considered while determining new tariff

Matter may again land in NAB for investigation into undue favour

Association claims pending amount has increased to Rs205b as of November

Experts say patriarchal and culturally structured barriers need to be removed

Govt pursuing integrated energy planning to achieve self-sufficiency

Regulator says Hyderabad and Lahore’s DISCOs have failed to control load-shedding

Loan will provide support for the sliding forex reserves over the short term

The claim that the increase in Muzaffargarh figures largely came due to inclusion of Nandipur plant is also incorrect

Funds will be parked in state-owned Power Holding Limited, will take amount of loans to Rs365 billion

Money was to be used to provide cushion to SBP’s forex reserves and meet budget financing needs

ECC decides to roll over the debt, taken in 2012, for two more years

Pakistan, IMF to begin last round of performance review in Dubai on Wednesday

Decision comes at a time when financial advisers have been hired, investors have deposited fees for bidding process

Offers technological assistance to expedite work on hydropower projects

First meeting of special committee dwells on issues of governance and pay packages

Politics of clientelism, lagging technical and managerial skills holding sector back

Likely to give one-month extension in deadline for inviting SOQs for Fesco

Suggests CPEC economic zones be built in Hunza, Gilgit

Money will be used to install smart meters, privatise Discos, scale back subsidies

Experts say woes can be overcome, but question remains over sustainability

Loan will be extended a whole week after Islamabad fulfilled over half a dozen conditions

Despite urgency 14 projects facing delays; ADB terms sector portfolio ‘most challenging’

Subsidy for power sector reduced from Rs334b in 2012-13 t o Rs221b in 2015