Posts tagged as: detailed verdict

PSO bailout: Finance Ministry releases Rs 10 billion

Islamabad: (Thursday, August 16, 2012) Ministry of Finance has released Rs 10 billion for urgent financial recovery of an ailing PSO marred by circular debt at the hands of the Independent Power Producers (IPPs). The payment has been made on demand of the Ministry of Water and Power for the payment of fuel debt. According […]

Loadshedding crisis: the govt. agrees to pay Rs 24bn to IPPs

Islamabad: (Thursday, July 26, 2012) In order to lessen the severity of the ongoing power crisis which has not spared people even in the month of Ramadan, the government has decided to loosen up its pockets and to pay Rs 24 billion to 8 Independent Power Producers (IPPs). According to the IPPs sources, the government […]

SC detailed verdict brings no surprise to PM Gilani: PM Contempt Case

SC detailed verdict brings no surprise to PM Gilani: PM Contempt Case London: (Wednesday, May 10, 2012) Prime Minister Yousuf Raza Gilani here today said that he is not surprised at the detailed verdict issued by the Supreme Court in the contempt of court case. Sharing his reaction to the detailed judgment of the apex […]

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