Chinese power companies accuse Pakistan govt. of defaulting on payments

At least two Chinese power companies have served a default notice to Pakistan’s Central Power Purchasing Agency (CPPA) over billions of dollars in dues. The Chinese independent power producers (IPPs) say that by not paying billions of rupees of dues, it is Islamabad that has defaulted. The Port Qasim Electric Power Company Ltd (PQEPC), owned … Continue reading Chinese power companies accuse Pakistan govt. of defaulting on payments