{"id":53243,"date":"2019-07-05T12:39:52","date_gmt":"2019-07-05T07:39:52","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=53243"},"modified":"2019-07-05T16:03:37","modified_gmt":"2019-07-05T11:03:37","slug":"committee-formed-to-review-borrowing-plan-for-discos","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html","title":{"rendered":"Committee formed to review borrowing plan for Discos"},"content":{"rendered":"<p>Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power distribution companies (Discos), a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/projects-underway-to-provide-water-produce-electricity-from-waste.html\" target=\"_blank\" rel=\"noopener noreferrer\">Projects underway to provide water, produce electricity from waste<\/a><\/p>\n<p>This committee has been tasked with reviewing the plan for raising PKR 200 billion from commercial banks in order to repay the liabilities of Discos. It will submit its recommendations to the authorities concerned following the completion of the review procedure.<\/p>\n<p>Previously, the government had proposed this borrowing plan when it issued its second set of Islamic bonds, titled \u2018Pakistan Energy Sukuk-2\u2019, on the pattern of \u2018Energy Sukuk-1\u2019(which is a Shariah-compliant instrument).<\/p>\n<p>The borrowing process will be carried out following pledging the assets of the power companies. To facilitate this measure, the Ministry of Finance will offer a government guarantee for loans repayment.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/country-wide-crackdown-against-electricity-bill-defaulters-planned.html\">Country-wide crackdown against electricity bill defaulters planned<\/a><\/p>\n<p>Meanwhile, the Power Division has stated that it has collected an additional amount of PKR 106 billion during the six months of the previous fiscal year (October 2018-May-2019). The sum include recoveries from defaulters and receipts from individuals involved in power theft.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power distribution companies (Discos), a news source reported. Read:\u00a0Projects underway to provide water, produce electricity from waste This committee has been tasked with reviewing the plan for raising PKR 200 billion from commercial banks in order to repay the liabilities of Discos. It will submit its recommendations to the authorities concerned following the completion of the review procedure. Previously, the government had proposed this borrowing plan when it issued its second set of Islamic bonds, titled \u2018Pakistan Energy Sukuk-2\u2019, on the pattern of \u2018Energy Sukuk-1\u2019(which is a Shariah-compliant instrument). The borrowing process will be carried out following pledging the assets of the power companies. To facilitate this measure, the Ministry of Finance will offer a government guarantee for loans repayment. Read: Country-wide crackdown against electricity bill defaulters planned Meanwhile, the Power Division has stated that it has collected an additional amount of PKR 106 billion during the six months of the previous fiscal year (October 2018-May-2019). The sum include recoveries from defaulters and receipts from individuals involved in power theft.<\/p>\n","protected":false},"author":67,"featured_media":53244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12106],"persona":[],"class_list":{"0":"post-53243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-committee-formed-to-review-borrowing-plan-for-discos"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Committee formed to review borrowing plan for Discos - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Committee formed to review borrowing plan for Discos - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:author\" content=\"atif_zameen_dev\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-05T07:39:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-05T11:03:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/07\/Discos.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Manik Aftab\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Manik Aftab\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Committee formed to review borrowing plan for Discos - Zameen News","description":"Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html","og_locale":"en_US","og_type":"article","og_title":"Committee formed to review borrowing plan for Discos - Zameen News","og_description":"Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power","og_url":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_author":"atif_zameen_dev","article_published_time":"2019-07-05T07:39:52+00:00","article_modified_time":"2019-07-05T11:03:37+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/07\/Discos.jpg","type":"image\/jpeg"}],"author":"Manik Aftab","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Manik Aftab","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html"},"author":{"name":"Manik Aftab","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/ff469695c0914ef3147ebd56e5d61b7e"},"headline":"Committee formed to review borrowing plan for Discos","datePublished":"2019-07-05T07:39:52+00:00","dateModified":"2019-07-05T11:03:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html"},"wordCount":198,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/07\/Discos.jpg","keywords":["Committee formed to review borrowing plan for Discos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html","url":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html","name":"Committee formed to review borrowing plan for Discos - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/07\/Discos.jpg","datePublished":"2019-07-05T07:39:52+00:00","dateModified":"2019-07-05T11:03:37+00:00","description":"Islamabad: The federal government on Thursday constituted a committee to review the proposed borrowing plan for clearing the liabilities of power","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/07\/Discos.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2019\/07\/Discos.jpg","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/committee-formed-to-review-borrowing-plan-for-discos.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Committee formed to review borrowing plan for Discos"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/ff469695c0914ef3147ebd56e5d61b7e","name":"Manik Aftab","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/182ee2504481c87ee62582d23334157d5fcfb09a5714b3d12ddf1bd824e9907a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/182ee2504481c87ee62582d23334157d5fcfb09a5714b3d12ddf1bd824e9907a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/182ee2504481c87ee62582d23334157d5fcfb09a5714b3d12ddf1bd824e9907a?s=96&d=mm&r=g","caption":"Manik Aftab"},"description":"Manik Aftab is a Content Developer at Zameen.com","sameAs":["atif_zameen_dev"],"url":"https:\/\/www.zameen.com\/news\/author\/manik"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/53243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=53243"}],"version-history":[{"count":3,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/53243\/revisions"}],"predecessor-version":[{"id":53261,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/53243\/revisions\/53261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/53244"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=53243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=53243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=53243"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=53243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}