Pakistan’s power generation increased by 2 percent year-on-year (YoY) and 8 percent month-on-month (MoM) to 13,744 GWh in June 2025.
In FY25, power generation remained flat YoY to 127,159 GWh as compared to 127,059 GWh in FY24.
Power generation cost (fuel cost) down by 9 percent YoY but up 1 percent MoM in Jun 2025. In FY25, power generation cost fell 2 percent YoY to Rs. 8.6/unit.
According to Topline Securities, power generation in Pakistan in FY25 has remained flat on a YoY basis because companies relied largely on their own power generation throughout the year, amidst expensive grid energy.
The government introduced an off-grid levy in February 2025 to discourage the use of captives and encourage companies to move to the grid. Alongside this, the Prime Minister also reduced the overall unit cost by over Rs. 5/kWh in April, May, and June 2025, after savings from negotiations with IPPs and the relocation of PDL amount to electricity savings. As a result of this, in 4QFY25, the electricity production was up 7 percent.
Local coal-based generation surged by 1 percent to 1,510 GWh. Gas-based generation decreased by 17 percent YoY. Wind power generation increased by 1 percent YoY. Solar power generation also fell by 10 percent YoY.
Nuclear generation dropped by 31 percent YoY, and RLNG-based generation fell by 9 percent during the period in review.
Imported coal-based generation reached 1,397 GWh in June 2025, 119 percent higher than in the same month last year.
The cost of power generation was Rs. 7.9/kWh in June 2025.
During FY25, the average fuel cost was Rs. 8.6 per kWh, down 2 percent compared to FY24.