Pakistan power cuts, another ENRON?

Pakistan continues to suffer growing power outages due to soaring demand and a lack of investment in generation capacity, crippling businesses and leaving 165m consumers sweltering in 42-degree heat without life sustaining energy for up to 16 hours every day for months and years.

Karachi Electric Supply Co (KAR:KESC) owners, for example, have failed to deliver sustainable solutions as they continue to lose over 30% revenue everyday for years. The power cuts continue to spark riots as the country

There is no light at the end of the tunnel for the consumers, energy hungry industries and the economy. That is bad news for the country