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Load shedding increased as circular debt reaches to 600 bn

Latest Update: May 7, 2015 | 191 Views

KARACHI: An increase in load shedding all over the country is likely due to the ugly situation of circular debt. Citizens faced trouble due to the increased load shedding.

The circular debt in the country’s power sector reached to 600 billion rupees.

Many complaints about the shortage of water supply due to load shedding were also received.

According to PEPCO, K-Electric has to pay dues of 56 billion rupees.

Pakistan State Oil and other departments have to pay dues of 230 billion rupees out of which 40 billion rupees have to be paid to local and multinational refineries.

In case of non-payment of circular debt, the supply of furnace oil to the power generation companies would be reduced which will worsen the situation of electricity in the country.

Tehreek e Ehtesaab


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