Just before the coup in Pakistan, the Hub Power Company (Hubco) had been meeting with the Pakistan government and WAPDA (Water and Power Development Authority) to resolve its two-year dispute over unpaid tariffs. Hubco based its negotiations on three objectives: To restore its tariff at the agreed level.
To lift the injunction preventing Hubco from going to arbitration.
To get the current investigations into corruption dropped.
Following the military coup, WAPDA has discontinued talks on tariff rates with Hubco pending directives from the new government. The previous government, under pressure from the IMF and the World Bank, placed pressure on WAPDA to resolve the tariff dispute. WAPDA had resisted the pressure, and the issue remained – and remains – unresolved.
