How Pak Army 'coerced' five power companies to end contracts prematurely

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How Pak Army 'coerced' five power companies to end contracts prematurely - Business Standard

Quick Summary:

Lalpir Power, another utility that agreed to an early termination of its contract, also saw its share price decline by 32 per cent over the same period.

Earlier, on October 10, the Pakistani government officially cancelled these agreements, including one with the country’s largest utility provider that was originally set to last until 2027.

Prime Minister Shehbaz Sharif’s office stated that the companies had “voluntarily agreed” to prioritise national interest over their own business concerns by terminating their contracts prematurely.