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Finance Ministry releases Rs 10b for PSO
 


August 16, 2012 - Updated 1650 PKT
From Web Edition
 
 



ISLAMABAD: Ministry of finance has released Rs.10 billion to PSO on the demand of Ministry of Water and Power as payment of fuel debt.

 

According to the Ministry of Water and Power official, the Ministry of Finance will be paying this amount for the subsidy on electricity given to the consumers.

 

Talking to Geo News, the MD PSO Naeem Yahya Mir said that this is a small payment, as the Ministry of Water and Power owe PSO Rs.225 billion in fuel debts.
 
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Reader Comments
The amount so far released to these Oil-Czars by this Government in the name of fuel for power generation could have built 7 Kalabagh dams.

M.Saeed
Pakistan
 
 
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