K-Electric’s Gulf investors have filed a $2 billion lawsuit against Pakistan.
Investors from Saudi Arabia and Kuwait, associated with K-Electric, have filed an international arbitration case worth $2 billion against Pakistan. The lawsuit names the Government of Pakistan as a party, with claimants alleging severe financial losses due to regulatory interference, non-payment of government dues, and contract obstructions. They also claim over $4.7 billion in investment in Karachi’s power system. This action was initiated on January 16, 2026, under the OIC Investment Agreement and UNCITRAL arbitration rules.
