Pakistan vacillates between good and bad news on its energy front. There was much jubilation about the $4.8 billion deal with China under which the latter will construct a 1,200-MW …
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CPEC funding
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Economy
Chinese power companies accuse Pakistan govt. of defaulting on payments
by Rahul Kumarby Rahul KumarAt 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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World
CPEC: China’s multi-billion project in limbo as Pakistan inches closer to the West
by Rahul Kumarby Rahul Kumar<p> The new government of Shehbaz Sharif is increasingly finding that the China Pakistan Economic Corridor (CPEC), much-touted as a game changer, is becoming a liability. The government is vacillating …
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World
Pakistan’s Prime Minister Imran Khan set to visit China to rescue troubled CPEC
by Rahul Kumarby Rahul Kumar<p> Pakistan&#39;s cabinet committee on the China Pakistan Economic Corridor (CPEC) is meeting today to sharpen the CPEC-related visit of Prime Minister Imran Khan to China. The mega joint project …
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World
Pak army chief, Chinese ambassador discuss CPEC security concerns before Imran’s visit to China
by Rahul Kumarby Rahul Kumar<p> Chinese Ambassador to Pakistan, Nong Rong met Pakistani army chief General Qamar Javed Bajwa on Wednesday to discuss the China-Pakistan Economic Corridor (CPEC), work on which has all but …