August 02, 2021 17:17 (IST)
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Pakistan Power Division submits plan to tackle rising circular debt, tariff from plants under CPEC

Islamabad: Pakistan's Power Division has submitted a comprehensive circular debt management plan to the federal cabinet where it has recommended to clear Rs 435 billion worth principal loan of power plants under China-Pakistan Economic Corridor (CPEC) in the next 13 years instead of making immediate payments, media reports said on Saturday.

Pakistan Power Division submits plan to tackle rising circular debt, tariff from plants under CPEC

Islamabad: Pakistan's Power Division has submitted a comprehensive circular debt management plan to the federal cabinet where it has recommended to clear Rs 435 billion worth principal loan of power plants under China-Pakistan Economic Corridor (CPEC) in the next 13 years instead of making immediate payments, media reports said on Saturday.