Saturday , June 7 2025

Tag Archives: Power Holding Company

15 banks to lend Rs 1,272Bn to cut circular debt

A consortium of 15 banks has agreed to lend the federal government Rs 1,272 billion to help eliminate further piling up of circular debt in the power sector. According to details, the consortium is prepared to provide the loan at an interest rate 0.9% lower than the market rate. The …

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