Although the outstanding payments are only 18.4% of the billed amount, it has started affecting the financing models of the Chinese sponsors of the Independent Power Producers (IPPs), set up under the CPEC agreement, reports The Express Tribune.

“Pakistan has so far paid Rs 832 billion on account of power purchase price to the Chinese IPPs,” Special Assistant to Prime Minister on Energy Tabish Gohar told The Express Tribune.

Gohar also revealed to the newspaper that the Central Power Purchase Agency Guaranteed (CPPA-G) could not clear Rs188 billion worth dues.

The outstanding amount is only 18.4% of the total billed amount of Rs1.02 trillion, which is not a very large sum, he added.