PQEPC briefs Aurangzeb on company’s working, confronted issues

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ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb, and Minister for Power Sardar Awais Ahmad Khan Leghari on Thursday held a meeting with the delegation of Port Qasim Electric Power Company (PQEPC) which was led by CEO Liang.

The delegation briefed the minister about the operations of the power company and certain issues it faced due to overdue receivables, a news release said.

It said that Power-China was a major state-owned Chinese enterprise and key investor in Pakistan’s energy market.

The company would continue to work with the Government of Pakistan and play its role in the improvement of power sector.

The finance minister welcomed the suggestions made by the delegation and stated that Pakistan acknowledged and appreciated the investment made by PQEPC China and other Chinese companies in the power sector of Pakistan.

He said that the Minister for Finance and the Energy Minister would continue to coordinate with the stakeholders to find and implement sustainable solutions to the power sector’s issues.

The PQEPC delegation expressed gratitude to the Finance Minister for his constructive feedback and support.

The head of the delegation offered full support of the company to work out ways to address the power sector issues.

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