Tue, 21-Oct-2025

A Landmark Breakthrough in Pakistan’s Energy (Power) Sector

A Landmark Breakthrough in Pakistan's Energy (Power) Sector

In what is being hailed as a landmark financial and structural breakthrough, Pakistan has tackled the longstanding issue of Circular Debt (CD) in the country’s power sector—without passing on additional burden to electricity consumers. At the heart of this reform lies the Task Force on Energy, constituted by Prime Minister Muhammad Shehbaz Sharif which delivered … Read more

ADB approves $300 million loan to strengthen Pakistan’s energy sector

ADB

ISLAMABAD: The Asian Development Bank (ADB) on Friday approved a $300 million policy-based loan to support financial, technical, and governance reforms to strengthen Pakistan’s energy sector and improve its financial sustainability. The financing is part of the second sub-programme of the ADB’s Energy Sector Reforms and Financial Sustainability Programme, which aims at improving the governance … Read more