Power Sector Pakistan

1 min read

Pakistan Secures $27 Million Savings in CASA-1000 Hydropower Project After Successful Negotiations

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Pakistan has recorded a major financial achievement by saving more than $27 million in the cross-border CASA-1000 Project. The savings come after effective negotiations with contractors over care and custody claims, reflecting improved financial oversight and strategic decision-making. The Engineering, Procurement, and Construction contractor, a joint venture between Hitachi Energy and Cobra Instalaciones y Servicios, […]

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SOE Losses Cross Rs. 830 Billion in FY25 Despite Continued Government Support

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Pakistan’s state-owned enterprises (SOEs) recorded combined losses of Rs. 832.8 billion in fiscal year 2024-25, according to a fresh report issued by the Ministry of Finance. Although the figures reflect a slight 2 percent improvement compared to the previous fiscal year, the overall financial burden remains substantial. The latest data underscores persistent structural challenges within […]

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