Energy crisis in Pakistan might end soon, says Wall Street Journal

Dunya News

Wall Street Journal says over 10,000 mega watts will be added to national grid during next one year

ISLAMABAD: (Dunya News) – Wall Street Journal (WSJ) has on Monday admitted that the energy crisis in Pakistan is probably going to end soon as 10,000 mega watts of electricity are expected to be added to the national grid next year, reported Dunya News.

The American journal says that Prime Minister (PM) Nawaz Sharif might emerge victorious once again if the energy crisis gets resolved. It goes on to say that there are over 10 mega projects that might bring the crisis to an end upon completion.

The journal further states that when Nawaz Sharif took over power in 2013, there was around 12-hour daily load shedding in the country and has since seen a sharp decline.

The report also discusses China’s investment in Pakistan. According to WSJ, China believes Pakistan’s economic stability to be the guarantee of stability in the region.