In the wake of the privatisation of power projects in Pakistan-occupied Gilgit-Baltistan, the Awami Workers Party in Hunza has expressed apprehension over the transfer of four power plants and all future electricity projects, along with the district's water resources, to a multinational corporation. The move, slated to occur through a controversial agreement, has stirred discontent among local leaders and communities who fear being deprived of natural water resources, potential job losses, and entrapment in global corporate capitalism.
Critics argue that the privatisation of power projects not only raises concerns about the exploitation of local resources but also threatens the livelihoods of residents in Gilgit-Baltistan. The worries stem from the possibility of increased utility costs and decreased access to essential services, highlighting the implications of decisions made by multinational corporations or distant authorities that may not align with the needs and interests of the local population. The lack of transparency in decision-making processes surrounding power projects has fueled suspicions of corruption, with concerns about the misappropriation of funds, impacting the quality and efficiency of power infrastructure developments.