Updated on
Summary The money paid by PEPCO to PSO has finished, spurring risks of loadshedding in country.
According to sources, the amount provided by the PEPCO to the PSO worth Rs 11 billion for oil stocks has finished which may cause shortage of oil to the power sector.The circular debt of the PSO has gone to Rs 143 billion while the PSO is to pay Rs 155 billion to local and international oil companies.Likewise, HUBCO, KEPCO and the WAPDA are also defaulters of the PSO by Rs 120 billion.
