Power production contracts with Chinese firms need review: Pak minister
The Daily Guardian|August 26, 2024
Pakistani Minister for Power Awais Leghari has said that contracts with Chinese firms engaged in power production in Pakistan need to be revised, US-based VOA reported on Sunday.
Power production contracts with Chinese firms need review: Pak minister

"I think the terms and conditions that we already have with the Chinese as far as their IPPs [independent power producers] are concerned, they need another look," VOA reported, quoting Leghari.

The debt ridden country failed to increase their industrial growth, which left them with huge bills of the power they wasted. In addition to this, Pakistan is still repaying the project loans, VOA reported.

As per the VOA report, Pakistan's local independent power plants also have the same conditions in their contracts as their Chinese counterparts operating in the country.

هذه القصة مأخوذة من طبعة August 26, 2024 من The Daily Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة August 26, 2024 من The Daily Guardian.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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