Pakistan's Power and Gas Circular Debt Crosses Rs. 5.3 Trillion

Pakistan's combined circular debt in the power and gas sectors has crossed Rs. 5.3 trillion as of June 30, 2026. Power-sector debt stands at Rs. 1.675 trillion, and gas-sector debt has reached Rs. 3.631 trillion.

In this article we set out the two stocks that make up that combined figure. Here is everything you need to know.

How the circular debt is split

The power sector accounts for Rs. 1.675 trillion. The gas sector accounts for Rs. 3.631 trillion. Together they are described as having crossed Rs. 5.3 trillion by June 30, 2026. The update does not name a cause, a company, or a repayment plan.

Why it matters

Gas-sector debt is the larger of the two stocks given here. The combined total is the measure of financial pressure the announcement attaches to the energy sector at the end of June 2026.

• The date is June 30, 2026
• Combined power and gas circular debt is above Rs. 5.3 trillion
• Power-sector debt is Rs. 1.675 trillion
• Gas-sector debt is Rs. 3.631 trillion
• The pressure named is on the energy sector
• No cause or repayment plan is stated in this figure

What this figure leaves open

1. Why the debt grew.
2. Which companies are owed, or owe, the money.
3. A plan to bring it down.
4. A figure after June 30, 2026.

What happens next

These are the stocks as of June 30, 2026. We will update this article if a later total or a repayment plan is published.

Our verdict

Combined power and gas circular debt crossed Rs. 5.3 trillion as of June 30, 2026, with Rs. 1.675 trillion in power and Rs. 3.631 trillion in gas.

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