Pakistan faces a $2bn arbitration threat as Saudi and Kuwaiti investors accuse the government of blocking tariffs, delaying subsidies and interfering in K-Electric’s governance.Pakistan is once again heading toward a major international legal battle as Saudi and Kuwaiti investors of K-Electric have issued a formal notice, warning of $2 billion arbitration over delayed tariffs, blocked subsidies and alleged interference in the company’s management. This fresh dispute adds pressure to the government as similar arbitration cases in the power […]
Pakistan is once again heading toward a major international legal battle as Saudi and Kuwaiti investors of K-Electric have issued a formal notice, warning of $2 billion arbitration over delayed tariffs, blocked subsidies and alleged interference in the company’s management.
