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The Ballooning Circular debt

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The Ballooning Circular debt

Transmission and distribution parts of the supply chain of Pakistan’s power sector are exclusively owned, managed and operated by the public sector whereas the production sector enjoys contributions from both public and private companies. At the generation level, WAPDA, KESC, Independent Power Producers (IPPs) and Pakistan Atomic Energy Commission are generating electricity from an installed generation capacity of 35,975 MW (Pakistan Economic Survey 2019-20). Ministry of Water and Power was unbundled in 2017 and thermal power management was handed over to Pakistan Electric Power Company (PEPCO). Now PEPCO is managing public-owned generation companies (GENCOs), nine Distribution Companies (DISCO’S), and National Transmission and Dispatch Company (NTDC).

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