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February 10, 2021
ISLAMABAD: In the latest development, Chinese company Pak Matiari- Lahore Transmission Company (PMLTC), which completed ±660kV Matiari-Lahore HVDC Transmission Project with investment of $2.2 billion in two years time, has threatened to move the international arbitration court against the government-owned company National Transmission Dispatch Company (NTDC) for creating hurdles in the commissioning of the project.
The Chinese company has asked the board of directors of NTDC to hold a meeting and give it an opportunity for briefing on the causes of oscillation that happened on December 2, 2020 during the commissioning of the system. The project is the major flagship project of CPEC scheduled to achieve commercial operations date (COD) on 1st of March 2021. However, due to the deadlock, the commercial operation date of the project is in jeopardy.