Chinese firms in Pakistan adopt 'go-slow' policy amid its faltering economy, delay in payments

Dec 25, 2022

Amid delays in payment to the IPPs, and rising exchange rates, Chinese companies in Pakistan opted for a "go-slow" policy.

Agreements of IPPs under CPEC cannot be renegotiated under CPEC, Pak govt tells Senate Committee

Oct 30, 2021

Islamabad [Pakistan], October 30 : The Pakistani government told the Senate Standing Committee on Power that the agreement of the Independent Power Producers (IPPs)...

Pakistan: PM Shehbaz Sharif orders release of Rs 50 billion to Chinese IPPs

May 31, 2022

Islamabad [Pakistan], May 31 : In order to set in motion the squeaky wheels of Chinese projects in the country, Pakistan Prime Minister Shehbaz...

China, Pakistan power plant dispute at breaking point over non-payment issue

Mar 16, 2022

Islamabad [Pakistan], March 16 : As China halts the multi-billion dollar China-Pakistan Economic Corridor (CPEC) over differences in cost estimations and contractual disputes with...

Inox Wind bags orders of 62 MW from IPPs

Feb 17, 2021

Noida (Uttar Pradesh) [India], February 17 : Leading wind energy solutions provider Inox Wind on Wednesday announced new orders for the supply and installation...

Pakistani parliamentary committee calls for accountability of Independent Power Producers

Aug 28, 2024

The Senate Functional Committee on Devolution chaired by Pakistani Senator Zarqa Suharwardy Taimur expressed severe concerns about the functioning of IPPs and the lack...