PSOs circular debt remains Rs 1.30 trillion

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PSOs circular debt remains Rs 1.30 trillion

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Wapda, Hubco and Kapco are defaulter of the PSO to the time of Rs 1.07 trillion.

24 June,2011 06:58 pm

According to PSO, Wapda is a defaulter of Rs 26.56 billion. PIA and KESC owe Rs 2 billion and Rs 7.62 billion respectively. PSO has borrowed Rs 94 billion in terms of letter of credit. While PSO has also pay Rs 1.46 trillion to national and international firms.