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Tag Archives: Debt probe body quizzes independent power producers over ‘higher’ profits

Debt probe body quizzes independent power producers over ‘higher’ profits


July 23, 2019

ISLAMABAD: With the power sector circular debt in excess of Rs900 billion, independent power producers (IPPs) were questioned by the Inquiry Commission on Debt (ICD) on Monday about their purported higher than permissible profit margins. The ICD was constituted by Prime Minister Imran Khan to probe increase in the country’s debt during the tenure of the previous two governments. Claiming …

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