The cash-strapped Pakistan government will shelve a major coal-based power plant project under the $60 billion China-Pakistan Economic Corridor, citing sufficient generation capacity already lined up for the next few years.
The CPEC, which connects Gwadar Port in Balochistan with China’s Xinjiang province, is the flagship project of Chinese President Xi Jinping’s ambitious Belt and Road Initiative (BRI).
The previous Pakistan Muslim League-Nawaz (PML-N) government had pushed for the construction of the 1,320 MW Rahim Yar Khan power project by China.
