Posts tagged as: TFCs

President Zardari urges to resolve electricity crisis

As power shortfall hit 8,000 megawatts on Thursday and protests fanned across Punjab, President Asif Ali Zardari directed Minister for Water and Power to take effective measures for elimination of unscheduled loadshedding. President Zardari convened an emergency meeting on the energy crisis, suggesting the concerned minister to establish a central control room in the Ministry […]

Pakistan Government to issues Rs70 billion TFCs

Pakistan Government to issues Rs70 billion TFCs Thursday, May 10, 2012: The Government of Pakistan is mulling over the option of issuing Rs70 billion TFCs (term finance certificates) in order to curb inter-corporate debt and tackle the power crisis. The government has decided to raise this amount from the reserves of Oil and Gas Development […]

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