The 50,000 MW Paradox: How Flawed Contracts and Circular Debt Plunged Pakistan Into Darkness Pakistan’s power sector is trapped in a unique, paradoxical crisis. For decades, the narrative was simple: the country did not generate enough electricity. Today, the crisis has completely inverted. Pakistan has a massive generation capacity surplus on paper, yet its citizens face heavy load-shedding and some of the highest electricity tariffs in the region.The current energy crisis is no longer a…
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