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) …
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Beijing asks bankrupt Pak to release dues for CPEC power firms and allow import of coal
by Rahul Kumarby Rahul KumarThe Chinese embassy in Islamabad has asked Pakistan to release overdue payments to the tune of $1.5 billion to Chinese Independent Power Plants (IPPs) working under the mega $64 billion …