Four Fuel Vessels Arrive at Karachi Ports
March 22, 2026
Pakistan secures a $27M saving in CASA-1000 negotiations, easing costs while ensuring project continuity despite delays linked to Afghanistan.
Pakistan has achieved a significant financial milestone, saving over $27 million in the CASA-1000 energy project following successful negotiations held in Ludvika, Sweden.
According to the Ministry of Energy, discussions took place from March 9 to 10 between Pakistan, Tajikistan, and the project’s contractor. The talks focused on reducing escalating care and custody costs amid ongoing project delays linked to the situation in Afghanistan.
Initially, the contractor had raised claims to approximately $32.9 million for Pakistan and $22.5 million for Tajikistan. However, both countries negotiated the total down to a combined $9 million through February 2028.
“This marks a major financial success for Pakistan,” officials noted, highlighting the substantial reduction in financial burden.
The revised agreement ensures that critical High Voltage Direct Current (HVDC) infrastructure will remain secure and operationally ready. Authorities stressed that asset protection remains a top priority.
Despite geopolitical delays, officials expect the HVDC system to be completed by September 2027. The CASA-1000 project is a key regional initiative aimed at enabling electricity trade between Central and South Asia.
