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Coal-fired plant in Gwadar planned: CPPCL cites ‘snags’ and ‘challenges’

Summary by Business Recorder
ISLAMABAD: Chinese firm M/s CIHC Pak Power Company Limited (CPPCL), which plans to establish a 300 MW coal-fired power plant in Gwadar, has raised serious concerns over several critical challenges — including the approval of insufficient costs, exchange rate losses, and difficulties in converting foreign currency. In a letter addressed to Shah Jahan Mirza, Managing Director of the Private Power and Infrastructure Board (PPIB), CPPCL Chairman Zha…
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Business Recorder broke the news in on Saturday, May 3, 2025.
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