Archive · Business Recorder
Power keeps getting pricier
August tells a more uncomfortable story for Pakistan’s power sector. Generation is growing again, but the cost and composition of that growth are becoming increasingly difficult to ignore. National grid generation reached 14.9 billion units in August, 3 percent above reference and 5.5 percent higher year on year. The 12-month moving average, however, tells a more subdued story, with generation growth at just 2.6 percent and average monthly generation at around 10.5 billion units. The stronger monthly output is therefore not a broad acceleration in demand. It is increasingly about how the syste...
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