CPEC Power Projects: China Goes Harsh On Pak

CPEC Power Projects: China Goes Harsh On Pak

Pakistan is to immediately address the timely payment of electricity charges in power projects under $50 billion China-Pakistan Economic Corridor (CPEC). The decision was taken in the recently held 7th joint cooperation committee (JCC) meeting, the Dawn reported.

Govt To Probe If Private Developers ‘Gold Plated’ Stressed Power Projects

Govt To Probe If Private Developers ‘Gold Plated’ Stressed Power Projects

As part of its effort to address the problem of stressed assets in the power sector, the government will investigate whether private developers ‘gold-plated’ project costs to increase the debt component, thereby reducing their equity contribution, said power minister Raj Kumar Singh in his first interview after assuming charge.

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