Local residents are protesting the privatization coal-driven power plant

Local residents are protesting the privatization of Kot Addu Power Company Limited (Kapco) coal-driven power plant “due to environmental concerns.” “The extension in agreements and liquidity damages amounts to Rs27 billion, which appears on Kapco's financial statements and is causing bottlenecks in its privatization, stated the Privatisation Division to the Cabinet Committee on Privatization (CCoP) in its meeting held on January 27. Due to this hindrance in privatizing Kapco, the government wants an investor to take greater interest in key decisions related to the coal expansion project envisaged by Kapco.”