Pakistan Published 18 Apr, 2022 08:50am Finance ministry refuses to support Rs50b grant for projects under CPEC Cash strapped Power Division seeks PM’s help to recover Rs111b from provinces sans AJK
Pakistan Updated 30 Mar, 2022 02:04pm Power outages may continue during Ramazan due to furnace oil shortage Sources say key reason for the shortage of furnace oil is ‘non-availability of funds to IPPs’
Business Published 26 Mar, 2022 11:48am ECC refuses to consider Power Division’s Rs100b financial injection proposal Sources say information had been sought from the CPPA-G, according to which Rs217.51 billion are payable against 12 CPEC IPPs as on February 24, 2022
Business Published 16 Mar, 2022 08:37am Govt ‘fails’ to convince China to restart Gwadar power project Sinosure unwilling to cover governmental breach risk under the medium and long term buyer credit insurance largely
Pakistan Published 14 Mar, 2022 08:40am ECC ‘all set to clear’ CPEC IPPs dues with approval of worth Rs50b revolving account Power Division has requested Finance Division to provide government guarantee for the credit line facility
Business Published 03 Feb, 2022 11:00am Pakistan seeks renegotiation with China on CPEC power projects Proposals will be presented to Chinese top leadership during the visit of PM Imran to China commencing from today
Pakistan Updated 19 Dec, 2021 05:29pm ECC approves worth Rs64b supplementary grants for 40% payment to IPPs ECC has already approved the supplementary of Rs58.240 billion in September 2021