The enigma of power sector circular debt is no less than a white elephant. Year after year, the government's piecemeal measures to get away with it force it further down a quagmire of debt.
The sources said, different formulas will be used to eliminate company-wise circular debt so that books of all the companies are cleaned to enable them to invest more and to get rid of interest ...
In 2024, a plan aimed at reducing the circular debt stock was put forth, only to be swiftly rejected by the IMF. Fast forward to 2025, and we find ourselves presented with yet another proposal ...
The Rs1.25 trillion debt is taken on the books of the Central Power Purchasing ... the loans that it had taken in the past to retire the circular debt and up to 16% price to the Independent ...
The government plans to reduce “circular debt” — public ... Masud added that more than half of the Rs1.25tr debt is already on the banks’ books and is undergoing restructuring through ...