This country has ample sunlight, water resources and windy locations. Yet, its days remain darkness-prone. As winter approaches for the umpteenth time in the country's history and the country's energy industry appears to remain at the point of death, millions of countrymen are readying for power outages, businesses are getting ready to face losses, and the country's already struggling economy can only absorb yet another blow. The reality is brutal but irrefutable: the energy crisis in the country has transcended the realm of just meeting the demands.

As of the end of 2025, the circular debt in the power generation sector in the country has exceeded 2.7 trillion rupees. This huge number not only reflects arrearages, but a chronic situation carried over for decades. This circular debt refers to the money that circulates between the producers of electricity and the distribution companies, as well as fuel companies and the........

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