Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
KAPCO profits plunge by 17 percents due to rise in circular debts Wednesday, April 18, 2012: KAPCO (Kot Addu Power Company) has seen its profits decline in current fiscal year. As per calculations, the company’s profits have plunged by 17% to Rs4.36 billion due to rise in circular debts. The country’s second largest power producer’s […]
Increasing Receivables will lead to fuel shortage: PSO warns The Pakistan State Oil (PSO) has informed that the amount of receivables have reached to Rs179 billion, which is due to the non-payment of the power sector and specifically PIA. The increasing amount of receivables will ultimately affect the supply chain, which will lead to the […]
Liquidity constraints for PSO; threats to cut down fuel supply Pakistan State Oil (PSO) has threatened to all of its defaulting customers to immediately repay the outstanding dues otherwise any further supply of fuel will be cut down until the payment. The petroleum supplier issued a strict statement on Friday to stop fuel supply to […]
