In letter to PM Shehbaz, South Korean company alleges unfair stonewalling of $1bn investment plans in Pakistan

Korea South-East Power Co. Ltd (KOEN), a South Korean state-owned energy firm, alleges Pakistan's government has unfairly stalled its $1 billion hydropower investment plans. The company claims regulatory delays in tariff determination by the National Electric Power Regulatory Authority (Nepra) have blocked progress on two projects in Khyber Pakhtunkhwa's Swat River for over three years, despite meeting all requirements.