Prime Minister Shehbaz Sharif has scheduled a gathering for today to examine unpaid electricity sector liabilities and financial obligations due to power plants built under the China-Pakistan Economic Corridor, where pending totals have touched Rs. 500 billion, according to official insiders.
Government insiders mentioned that participants will receive updates regarding the electricity industry liabilities along with comprehensive reports on China-Pakistan Economic Corridor power plants.
Unpaid balances due to Chinese electricity producers running under the China-Pakistan Economic Corridor have reportedly climbed near Rs. 500 billion.
The Central Power Purchasing Agency carries these financial obligations, failing to settle the pending totals because of monetary limitations.
Chinese electricity providers have sent multiple notices requesting the clearance of their unpaid balances.
Authorities anticipate that the prime minister will provide instructions during the session to resolve the matter. Important federal ministers and top bureaucrats from related divisions will participate as well.