Electricity production falls 2.4% in January amid rising fuel costs
KARACHI: Pakistan’s electricity generation fell by 2.4% to 8,314 Gigawatt hours (GWh) in January 2024 due to low demand on the system during the winter month. However, the cost of its fuel component in total production rose a staggering 23% to Rs 13.79 per unit due to increased reliance on expensive fuels such as imported gas, furnace oil and diesel.According to data compiled by Arif Habib Limited, electricity generation fell by 2.4% in the month under review compared to 8,515 GWh in January 2023. Despite low demand in the system, Pakistan has increased generation from expensive fuel-fired power plants, while
