CPEC power plants await Rs498bn unpaid dues from CPPA-G
CPEC power projects dues settlement remains unpaid as CPPA-G faces cash strain, with Port Qasim citing Rs79bn overdue and Sahiwal near Rs80bn in receivables.
Chinese CPEC power projects are awaiting about Rs498 billion in outstanding dues from CPPA-G, which sources say cannot clear the liabilities amid financial constraints.
Port Qasim Electric Power Company’s CEO wrote to federal ministers seeking help to settle Rs79 billion in overdue payments, equal to $285.4 million as of 29 September 2026.
PQEPC warned that delays of more than six months could threaten generation and risk defaults under loan pacts and the government’s sovereign guarantee.
Sahiwal’s 1,320 MW coal plant is said to be owed around Rs80 billion, while China Huaneng has sought the Prime Minister’s Office’s help in a dispute lasting about four years.