Is Pakistan's Energy Sector a Ticking Time Bomb?

Back in 2013, China and Pakistan officially launched China-Pakistan Economic Corridor (CPEC), a partnership between the two countries that focuses on economic cooperation, trade, and infrastructure. CPEC was hailed as a “game changer” for Pakistan’s economy, with most investments targeting the power sector in a bid to address the country’s surging electricity demand. Under CPEC, China pumped $62 billion into the Pakistan economy, with nearly $35 billion funding 21 power projects, most of them coal-fired, with a capacity…