In light of rising power outages, the government on Friday released Rs50b to control the power shortfall that has reached 4700 megawatts. Power cuts have been gradually rising across the country despite huge claims by the government regarding the elimination of load shedding in 2018. Urban areas are undergoing load shedding of six hours whereas the rural areas are witnessing electricity cut for 12 hours.
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Dawood Hercules Corporation, Engro Corporation approve restructuring plan to enhance investment...
In a two-step process, DH Corp will be rebranded as Engro Holdings Limited and Engro Corporation will become a wholly-owned subsidiary of Engro Holdings