UEP Wind Power Seeks Rs. 5.824 Billion
The request includes Rs. 2.651 billion for a working-capital loan and Rs. 1.834 billion for China Development Bank debt.
Pakistan's 99MW UEP Wind Power project under CPEC has requested Rs. 5.824 billion from the power purchasing agency. UEP Wind Power wants the money to avoid a possible loan default and to meet expenses by 31 December 2026.
The default is described as possible, not as a default that has already happened.
What the UEP Wind Power request includes
The amount includes Rs. 2.651 billion for a working-capital loan and Rs. 1.834 billion for debt servicing to the China Development Bank. Unpaid invoices are projected to reach Rs. 9.317 billion by December. Reports say CPPA-G owes around Rs. 500 billion to Chinese power projects, which is the wider payment pressure named alongside this request.
Our verdict
The project is asking for Rs. 5.824 billion by 31 December 2026, including Rs. 2.651 billion for working capital and Rs. 1.834 billion for China Development Bank debt. Its own unpaid invoices are projected at Rs. 9.317 billion by December.
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Frequently asked questions
Which project made the request?
The 99MW UEP Wind Power project under CPEC.
How much has it asked for, and by when?
Rs. 5.824 billion, to meet expenses by 31 December 2026 and avoid a possible loan default.
What is inside that figure?
Rs. 2.651 billion for a working-capital loan and Rs. 1.834 billion for debt servicing to the China Development Bank.
What do reports say CPPA-G owes?
Around Rs. 500 billion to Chinese power projects. This project's unpaid invoices are projected at Rs. 9.317 billion by December.
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