Go & file a petition against it in Indian Supreme Court.They just bought the whole company and every one knows how political leaders look for their share.
What do you mean by it is between china and Pakistan? I have my right to comment.
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Go & file a petition against it in Indian Supreme Court.They just bought the whole company and every one knows how political leaders look for their share.
What do you mean by it is between china and Pakistan? I have my right to comment.
What the hell is your problem. They purchased the company from another private entity called Abraaj Capital based in Dubai.
Go & file a petition against it in Indian Supreme Court.

Problem is they used India in this whole process
It was a basic right of the citizens and state however has decided someone else to have a monopoly over basic rights of its citizens.
What checks are placed so that Chinese don't charge Karachite some ridiculous amounts as bills in future?
First they destabilize the organizations and then they throw the mud on them finally when the time is right they will buy them cheaply to reap the benefits.
http://www.ke.com.pk/complaints-services/tariff-structure/What checks did Abraaj Capital have when deciding the electric bill for Karachite'?
http://www.ke.com.pk/complaints-services/tariff-structure/
Now again back to my question..
Huh? Where is "the cheap buy"? They spent 16 billion and sold it for 180 billion......what did you miss? That's a 10 time more profit than the initial purchase price....
You still haven't answered my question. What is the difference between Abraaj Capital a foreign company based in Dubai and Shanghai Electric in owning Karachi Electric? Shanghai Electric are going to pump in a further $6-$9 billion into the company. Obviously they have to negotiate the price they charge with the Government of Pakistan, however, nothing is wrong with this deal as it's a transaction between two private entities.
Selling such a big electricity company to foreigners do not seem to be a good idea. It may have strategic implication.
you will see the difference in the near future.
Before writing gibberish nonsense at least research your information properly. Karachi Electric was owned by a foreign company called Abraaj Capital who have now sold it to another company called Shanghai Electric.
I think you should remain quite...clearly you have no idea what you are talking about. People in Karachi will see the difference in the future since Shanghai Electric will pump in a further $9 billion in investment. If India wants to compete with China then seriously educate yourself in finance.
@Shotgunner51 @AndrewJin
Goodluck with that.the owners of the company are in Dubai, filing the petition works for me. Dubai is co operating with India.![]()
I have made my point in my earlier posts. It is upto you to read and understand.
Unlike china India will deal transparently and every thing will be in public domain.
And the source of this "information" is?Shanghai Electric are going to pump in a further $6-$9 billion into the company