Posts tagged as: Pakistan power sector

ADB approves $245m to improve Pakistan’s power system

The Asian Development Bank (ADB) has approved a loan of $245 million for the eight distribution companies to improve power distribution system in Pakistan, the bank said Monday.   The investment is part of the ongoing $810 million Power Distribution Enhancement Investment Program agreed n 2008.   The multi-tranche financing facility (MFF) targets investment in […]

Liquidity constraints for PSO; threats to cut down fuel supply

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 […]

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