Electricity production hits 33-month low
KARACHI: Pakistan’s electricity production plummeted to a 33-month low, reaching 7,547 Gigawatt-hours (GWh) in November 2023. This decline was partly attributed to the onset of the winter season and, more significantly, the overall economic slowdown in the country. The decline in electricity generation has intensified the burden of capacity payments on end consumers. The cost of fuel in power generation rose by nearly 20% to Rs 7.17 per megawatt hour (MW). Several factors contributed to this increase, including the closing of a nuclear power plant, a doubling of the cost of local coal-fired power generation, and a significant increase in
