IGI Securities Limited – Investor Kit

Karachi, September 24, 2018 (PPI-OT): Top News

An amount of Rs 50 billion against power sector’s circular debt may be released on Monday (tomorrow) to reduce the debt quantum from Rs 596 billion to Rs 546 billion. Sources said that there is growing pressure from Independent Power Producers (IPPs) to suspend power supply if the payment is not released to them for purchase of fuel to ensure operation of the power plants. https://epaper.brecorder.com/2018/09/23/1-page/740342-news.html