Pakistan’s efforts to secure financial relief on outstanding payments linked to China-Pakistan Economic Corridor power projects have reportedly faced a setback, as Chinese lenders and independent power producers remain unwilling
Pakistan has completed a historic Rs 659.6 billion settlement of Power Holding Limited (PHL) debts — the largest-ever transaction in the country’s debt capital markets, Federal Minister for Power Awais
Pakistan’s state-run electricity distribution companies (DISCOs) have inflicted losses of Rs. 171 billion during the first quarter of FY2025, according to official data. Between July and September, DISCOs recorded Rs.