Top
Begin typing your search above and press return to search.
exit_to_app
Outlook for BJP in Kerala
access_time 2021-05-06T11:21:07+05:30
Not Covid deaths, but mass murder
access_time 2021-05-05T10:52:36+05:30
Poll results that carry lessons
access_time 2021-05-04T10:39:06+05:30
The whistles of danger that must be heard
access_time 2021-04-30T11:44:21+05:30
DEEP READ
Iran and the revival of JCPOA
access_time 2021-04-23T13:21:09+05:30
A model mosque in Gujarat
access_time 2021-04-12T17:13:34+05:30
Towards a digital emergency?
access_time 2021-02-27T14:50:41+05:30
The slaughter of democracy in Puducherry
access_time 2021-02-24T11:27:21+05:30
Populist Fascism
access_time 2021-01-31T17:19:29+05:30
Media Freedom
access_time 2021-01-31T15:47:07+05:30
exit_to_app
Homechevron_rightIndiachevron_rightPakistan decides to...

Pakistan decides to shelve major CPEC power project

text_fields
bookmark_border
Pakistan decides to shelve major CPEC power project
cancel

Islamabad: The Pakistan government has decided to shelve a major power project under the China-Pakistan Economic Corridor (CPEC) that was pushed by former Prime Minister Nawaz Sharif's regime, the media reported on Monday.

Background discussions with government officials suggest that Islamabad has officially conveyed to Beijing that it was no more interested in the 1,320MW Rahim Yar Khan power project in view of sufficient generation capacity already lined up for the next few years, Dawn news reported. 

It has requested China to formally delete the project from the CPEC list.

During the 8th Joint Coordination Committee (JCC) meeting held last month, a Pakistani delegation led by Minister for Planning and Development Makhdoom Khusro Bakhtyar "proposed to remove the Rahim Yar Khan imported fuel power plant (1,320MW) from the CPEC list, in order to provide structure optimisation space for the subsequent power market of Pakistan", a government official said.

The project was originally pushed as an imported coal-based plant by Quaid-i-Azam Thermal Company of the Punjab government led by former Chief Minister Shahbaz Sharif. 

A leading business tycoon had proposed the project and was expected to be one of its key sponsors.

The official said Prime Minister Imran Khan's government has also decided to remove almost 400 "politically motivated" Public Sector Development Programme (PSDP) projects as part of a comprehensive mid-year review later this month. 

"We are reviewing all such schemes in detail; we do not want to waste public funds where lien has been created or sufficient progress achieved, but we definitely don't like to throw good money after bad," a cabinet member told Dawn.

 

 

Show Full Article
TAGS:
News Summary - Pakistan decides to shelve major CPEC power project
Next Story