ISLAMABAD, March 18: Port Qasim Electric Power Company (Private) Limited (PQEPC) has issued a warning to the government of Islamabad that it may suspend plant operations due to delayed payments, …
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Chinese IPPs
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EconomyInternationalLatest Updates
IMF opens new Pandora’s Box for govt, demands reopening and renegotiation of CPEC energy deals before making payment of Rs300 billion
by Umar Sohailby Umar SohailEsther Perez, IMF’s Resident Representative, has emphasized the need for equitable treatment of all power sector stakeholders due to the limited fiscal space.
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EconomyLatest Updates
Chinese IPPs forewarn of plants closure in case of non-payment of Rs300 billion dues by govt
by Umar Sohailby Umar SohailAbout 25 representatives from Chinese IPPs complained about the buildup of their dues and warned that without upfront payments they would shut down within days. They said the authorities were …