High 14 oC - Low 7 oC

Rs10 bn released to Ministry of Water and Power

ISLAMABAD - The Finance Ministry has released Rs10 billion to the Ministry of Water and Power for making payments against dues to Pakistan State Oil (PSO) and Independent Power Producers (IPPs).
The officials of Water and Power Ministry told media that the ministry had been directed to release Rs10 billion as dues in lieu of power subsidy. The said amount has been released, they confirmed.
The Finance Ministry also instructed that the released fund be used for clearing dues against subsidy pertaining to the current financial year and not the previous one.

Leave a comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Follow Us

To stay updated with latest news please follow us on


"dedicated to the legacy of the late Hameed Nizami"
Arif Nizami (Editor)
4-Shaarey Fatima Jinnah, Lahore
Ph: +92 42 36375963-5 Fax: 042-36298302
Ph: +92 51 2287273 Islamabad, Ph: +92 21 35381208-9 Karachi
Email: editorial@pakistantoday.com.pk
ADVERTISE  |  CAREERS  |  PRIVACY POLICY  |  CONTACT US

This material may not be published, broadcast, rewritten,
redistributed or derived from. Unless otherwise stated,
all content is copyrighted © 2011 Nawa Media.
Technical feedback? webmaster@pakistantoday.com.pk