Pak govt quashes CPEC power project

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Islamabad: The Pakistan government has decided to set aside a major power project which was initiated by Nawaz Sharif regime.

Media reports said  the Pak government has discussed with Chinese authorities for quashing the project under the China-Pakistan Economic Corridor (CPEC).

Reports said Islamabad has officially conveyed to Beijing that it was not interested in taking forward the 1,320MW Rahim Yar Khan power project as the country has achieved sufficient generation capacity.

Media reports said the project was originally taken up as an imported coal-based plant by Quaid-i-Azam Thermal Company of the Punjab government led by former Chief Minister Shahbaz Sharif.

A business magnate was one of its key sponsors.

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