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Call to save power cos from liquidity crunch
 
May 26, 2012
 
 

LAHORE - Business Forum of Punjab (BFP) President Ibrahim Qureshi has said that the government should launch a recovery drive from different departments in order to save the power generation companies from liquidity crunch, as the issue of circular debt would not be resolved even after the issuance of Rs82 billion TFCs, says a Press release.

The government should disconnect electricity to the departments not paying electricity bills since years, he said, adding ‘otherwise the energy crisis would remain unresolved’.
President BFP deplored that the government departments/autonomous entities and the Federally Administered Tribal Areas are defaulting month after month on clearing the electricity bills to the distribution companies.

 
 
on epaper page 17
 
 
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