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The company recorded a net loss of $202.5 million for the quarter.
Gensol Engineering secured several major EPC contracts.
The increase was driven by higher power demand due to cold weather.
It was said that the elevated corridors should be developed to meet the future needs.
The company’s net debt has reduced by Rs 6 billion to Rs 43 billion.
He instructed that both projects be completed within four years
ORERA's move follows promoters failing to submit reports on project status.
10,200 km state roads under PPP model
The communiqué further stated that Rs1 million of the fines were imposed by court orders.
The 64 producing blocks achieved a production of 100.08 MT as of November 8.
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