UEP Wind Power cash shortfall puts CPEC project at risk
The 99-megawatt CPEC plant has asked CPPA-G for funds in monthly installments after warning that unpaid bills and debt dues could leave it unable to meet obligations by 31 December 2026.
UEP Wind Power (Private) Limited has asked CPPA-G for Rs5.824 billion to meet obligations by 31 December 2026.
In a 19 October 2026 letter, the 99MW CPEC wind project warned that a cash shortfall could put it at risk of default.
The largest needs are Rs2.651 billion for a working-capital loan and Rs1.834 billion in debt servicing to China Development Bank.
Unpaid invoices are projected to rise from Rs8.117 billion in October to Rs9.317 billion by December 2026.
Reports say CPPA-G owes about Rs500 billion to Chinese CPEC power plants amid weak DISCO recoveries.