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Pakistan Lines Up Rs1.275 Trillion Power-Sector Loan as Dasht Blast Halts Jaffar Express

Consumers would service the financing through surcharges spread over 24 quarterly payments.

Overview

  • Officials scheduled a signing ceremony at the Prime Minister’s Office for agreements with 18 banks, with Shehbaz Sharif to join virtually, according to reporting based on sources.
  • The financing totals roughly Rs1,275 billion, including Rs683 billion earmarked to clear Power Holding Company arrears, against circular debt recorded at Rs1,661 billion in July 2025.
  • Cost recovery is planned through electricity surcharges over 24 quarterly installments, with consumers currently paying Rs3.23 per unit in existing surcharges.
  • Pakistan Railways canceled Wednesday’s Jaffar Express to Peshawar as repairs on the Dasht blast–damaged track were incomplete; refunds were promised, with reports conflicting on whether 3 or 6 bogies derailed and five passengers were slightly injured.
  • During UNGA week, an OIC contact group reviewed human‑rights concerns in Indian‑administered Kashmir after Pakistan’s appeal, while residents in Kamoke reported severe shortfalls in sanitation, water treatment, medicines and road upkeep.