Chinese Independent Power Producers (IPPs) operating under the China-Pakistan Economic Corridor (CPEC) have urged the Pakistani government to clear outstanding dues amounting to Rs. 475 billion. The demand was raised during recent discussions between officials and Chinese representatives concerned over the growing financial burden on power producers.
The overdue payments have reportedly strained the operations of several CPEC energy projects, prompting Chinese investors to seek urgent resolution. Failure to pay these dues could potentially slow down energy production and discourage future foreign investments. Pakistani authorities are currently reviewing the issue, aiming to resolve the matter without jeopardizing diplomatic or economic ties.
Chinese IPPs under CPEC have demanded Rs. 475 billion in overdue payments from the Pakistani government, warning of operational impacts on energy projects. The issue has raised concerns over foreign investor confidence and energy continuity, prompting official discussions to seek a timely financial resolution.
Chinese IPPs, CPEC energy crisis, overdue payments
