Chinese banks set another condition for Kohala power project

A Pakistani currency dealer counts Chinese currency for his customer at his shop in Quetta, Pakistan, on January 3, 2018. (AFP/File)

April 7: The News reported the Kohala Hydropower Project is facing another obstacle after Chinese lenders said to provide the required financing after the Rs350 billion backlog of outstanding payments of independent power producers (IPPs) under the China–Pakistan Economic Corridor (CPEC) is cleared. Read more I