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ISLAMABAD:
The outstanding dues of Chinese power plants have increased to a record Rs529 billion due to Pakistan’s apathy towards these investors, as Beijing seeks more fiscal incentives for investment in the Special Economic Zones of the China-Pakistan Economic Corridor (CPEC).
The government on Tuesday reviewed the status of Chinese investment and the security…
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ISLAMABAD:
The International Monetary Fund (IMF) has proposed measures to lower the power tariff for various consumer categories, suggesting an enhancement of the energy mix and a reduction in capacity charges by fully utilizing new power plants.
Sources within the Ministry of Finance revealed that the IMF has advised the government to operate new power…