Circular Debt Climbs Again Despite Heavy Borrowing, Capital Injection

Circular-Debt

ISLAMABAD: Despite substantial capital injections and over Rs1.225 trillion in commercial borrowing during the last fiscal year, Pakistan’s power sector circular debt rose by Rs75 billion in the first half (July–December) of the current fiscal year, reaching Rs1.689 trillion — a 4.65 per cent increase in six months. At the close of FY25 on June 30, 2025, circular debt stood at Rs1.614 trillion, having been reduced by Rs780 billion through government capital injections and about Rs1.225 trillion in commercial borrowing, largely aimed at replacing expensive Power Holding Private Limited (PHPL)…

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FPCCI has called for the immediate correction of industrial electricity tariffs by demanding the removal of cross subsidies

FPCCI

Atif Ikram Sheikh, President FPCCI Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has called called for the immediate correction of industrial electricity tariffs by demanding the removal of cross subsidies; Power Holding Limited (PHL) surcharge and a rational redesign of peak-hour (Time-of-Day) electricity charges, which are placing an unsustainable burden on Pakistan’s industrial and export sectors. The FPCCI President Atif Ikram Shaikh stated that industrial electricity tariffs have drifted far away from cost-reflective principles. Instead of reflecting the actual cost of power supply, tariffs have become layered with non-energy charges…

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پاکستان کے لیے تیار: ٹونگ وائی TNC 2.0 ماڈیولز توانائی کی پیداوار بڑھائیں، لاگت کم کریں اور اعتماد بڑھائیں

جیسے جیسے پاکستان سستی اور ملکی توانائی کی طرف تیزی سے بڑھ رہا ہے، سولر ٹیکنالوجی کا انتخاب—اور اس کے پیچھے مضبوط پارٹنر—اب پہلے سے کہیں زیادہ اہم ہو گیا ہے۔ بڑھتی ہوئی بجلی کی قیمتیں، درآمدی ایندھن پر انحصار، زمین کی کمی اور مشکل موسمی حالات کے تناظر میں، اعتماد، کارکردگی اور مالی مستحکم منصوبوں کی ضرورت لازمی بن چکی ہے۔ ٹونگ وائی سولر، جو کہ فورچون گلوبل 500 کمپنی اور بلومبرگNEF ٹیر-1 ماڈیول سپلائر ہے، دنیا کی چند کمپنیوں میں سے ہے جو پوری فوٹو وولٹک ویلیو چین…

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Built for Pakistan: Tongwei’s TNC 2.0 Modules Boost Energy Yield, Lower Costs, and Enhance Reliability

As Pakistan accelerates its transition toward affordable and indigenous energy, the choice of solar technology—and the partner behind it—has become more critical than ever. In a market challenged by rising tariffs, fuel imports, land constraints, and harsh climatic conditions, reliability, efficiency, and bankability are no longer optional; they are essential. Tongwei Solar, a Fortune Global 500 company and BloombergNEF Tier-1 module supplier, stands out as one of the few manufacturers globally that controls the entire photovoltaic value chain—from polysilicon to cells and modules. As the world’s largest supplier of polysilicon…

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CM Murad Shah inaugurates Korangi Causeway bridge, announces relief, reconstruction plan for Gul Plaza victims

New-Project35

• 1.4 kilometres long Causeway is six lanes – three on each side bridge• Causeway Bridge to benefit Korangi- Landhi industrial areas, commuters, nearby facilities, including Indus Hospital, SIUT, educational institutions KARACHI (Jan 26): Sindh Chief Minister Syed Murad Ali Shah inaugurated the Rs6.1 billion Korangi Causeway bridge and reaffirmed his government’s commitment to enhancing Karachi’s infrastructure, while unveiling comprehensive relief, rehabilitation, and reconstruction initiatives for those affected by the recent Gul Plaza tragedy. Speaking to the media at the inauguration ceremony of the Korangi Causeway Bridge, the chief minister…

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