---
title: "Pakistan's power and gas sector circular debt reaches record levels"
description: "Most outlets reported the rising power-sector circular debt, with figures ranging from Rs1.675 trillion to over Rs5 trillion when including the gas sector. A few specifically highlighted K-Electric’s unpaid bills as a major contributor to the increase. While some focused on the overall financial burden, others noted the year-on-year rise in debt. The framing varied between emphasizing the scale of the problem and attributing it to specific causes, such as outstanding payments to K-Electric."
url: https://harzaviya.com/stories/15271-pakistan-s-power-and-gas-circular-debt-crosses-rs-5-trillion
site: HarZaviya
language: en
---

# Pakistan's power and gas sector circular debt reaches record levels

business · updated 20 Oct 2026, 9:57 AM PKT · 19–20 Oct 2026 · 9 articles from 7 outlets

**HarZaviya summary** — how 7 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported the rising power-sector circular debt, with figures ranging from Rs1.675 trillion to over Rs5 trillion when including the gas sector. A few specifically highlighted K-Electric’s unpaid bills as a major contributor to the increase. While some focused on the overall financial burden, others noted the year-on-year rise in debt. The framing varied between emphasizing the scale of the problem and attributing it to specific causes, such as outstanding payments to K-Electric.

## Same story from 7 outlets

Each outlet's own headline, most recent first — read any at its source.

- **BOL News** — [Pakistan's gas sector circular debt hits Rs5.454 trillion as of June 2026](https://bolnews.com/pakistan/pakistans-gas-sector-circular-debt-hits-rs5454-trillion-as-of-june-2026) · 20 Oct 2026, 9:57 AM PKT
  > Pakistan's gas circular debt reaches Rs5.454 trillion by June 2026. A crucial management plan is being finalized with stakeholders before IMF sharing.
- **Profit** — [Pakistan's power sector circular debt rises to Rs1.675 trillion, gas sector liabilities reach Rs3.631 trillion](https://profit.pakistantoday.com.pk/2026/10/20/pakistans-power-sector-circular-debt-rises-to-rs1675-trillion-gas-sector-liabilities-reach-rs3631-trillion) · 20 Oct 2026, 9:15 AM PKT · 84% identical wording to the newest filing
  > Power sector debt increases by Rs34 billion, while gas sector liabilities rise by Rs344 billion in FY26; government secures Rs1.225 trillion financing facility to settle outstanding power sector dues
- **Business Recorder** — [Total gas sector’s circular debt hits Rs5.454trn](https://www.brecorder.com/news/40445054/total-gas-sectors-circular-debt-hits-rs5454trn) · 20 Oct 2026, 5:40 AM PKT · 85% identical wording to the newest filing
  > ISLAMABAD: Federal Minister for Energy (Petroleum Division) Ali Pervaiz Malik said Pakistan’s total gas sector circular debt, along with outstanding payables to indigenous gas and liquefied natural gas (LNG) suppliers, stood at Rs5.454 trillion as of June 30, 2026. In written replies to questions during Monday’s Question Hour in the National Assembly, the minister said the total circular debt s...
- **Minute Mirror** — [Circular debt rises Rs61 billion to Rs1.675 trilli...](https://minutemirror.com.pk/circular-debt-rises-rs61-billion-to-rs1-675-trillion-government-blames-k-electric-647689/) · 19 Oct 2026, 11:12 PM PKT · 78% identical wording to the newest filing
  > Pakistan’s power sector circular debt rose by Rs61 billion to Rs1.675 trillion by June 30, 2026, with the government blaming nonpayment
- **ProPakistani** — [K-Electric Responsible for Pakistan’s Worsening Circular Debt](https://propakistani.pk/2026/10/19/k-electric-responsible-for-pakistans-worsening-circular-debt/) · 19 Oct 2026, 9:27 PM PKT · 66% identical wording to the newest filing
  > The Power Division has blamed unpaid K-Electric electricity bills for a Rs. 34 billion increase in the country’s power-sector circular… Read More
- **ARY News (English)** — [Pakistan’s power sector circular debt rises to Rs.1.675 billion](https://arynews.tv/pakistans-power-sector-circular-debt-rises-to-rs-1-675-billion) · 19 Oct 2026, 8:58 PM PKT · 77% identical wording to the newest filing
  > The debt stood at Rs.1641 billion at the end of the 2024-25 financial year, marking an increase of Rs.34 billion over the year.
- **Hum News English** — [Power-sector circular debt hits Rs1.675 trillion](https://humenglish.com/latest/power-sector-circular-debt-hits-rs1-675-trillion/) · 19 Oct 2026, 7:15 PM PKT · 75% identical wording to the newest filing
  > ISLAMABAD: Pakistan’s power-sector circular debt stood at Rs1.675 trillion on June 30, with Energy Minister Awais Leghari telling the National Assembly that outstanding payments involving K-Electric were a major reason for the increase, as the government also reported gas supply constraints, lower electricity tariffs and thousands of Pakistanis imprisoned abroad. The National Assembly session r...

## Part of a bigger story

Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology).

- [Pakistan's energy sector circular debt reaches Rs5.286 trillion](https://harzaviya.com/stories/4513-pakistan-s-energy-sector-circular-debt-reaches-rs5-286) · 24 Aug 2026 · 2 outlets · 94% related
- [Pakistan's energy sector circular debt rises to nearly Rs5.3 trillion in FY2025-26](https://harzaviya.com/stories/3879-power-sector-circular-debt-balloons-from-rs61b-to-rs1-67tr) · 19 Aug 2026 · 2 outlets · 93% related
- [Pakistan’s power sector circular debt rises by Rs61 billion in 2025-26 fiscal year](https://harzaviya.com/stories/812-pakistan-s-power-sector-circular-debt-rises-to-rs1-74) · 30 Jul 2026 · 3 outlets · 2 developments · 91% related
- [Government to present IMF with three-year plan to address Rs3.6tr gas-sector debt](https://harzaviya.com/stories/8230-govt-to-present-imf-three-year-plan-to-clear-rs3-6tr-gas) · 13 Sep 2026 · 4 outlets · 2 developments · 81% related
- [Government unveils plan to clear part of gas sector debt](https://harzaviya.com/stories/3855-govt-unveils-plan-to-clear-rs-1-49-trillion-gas-circular) · 19 Aug 2026 · 3 outlets · 80% related

9 articles from 7 outlets, 19–20 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

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