Pakistan’s power generation soared to a 48-month high in April 2025, surging 22 percent year-on-year to reach 10,513 GWh, according to data released by Arif Habib Limited (AHL). The sharp increase was fueled by a spike in demand, attributed largely to a reduction in electricity tariffs.

Despite the robust growth in April, overall power generation for the first ten months of FY2025 (10MFY25) stood at 100,661 GWh, reflecting a marginal 0.4 percent decline compared to the same period last year.

The cost of power generation in April 2025 rose 8 percent year-on-year to Rs. 9.92 per kWh, remaining above the reference cost. For the 10MFY25 period, the average fuel cost was Rs. 8.78 per kWh, a slight decrease of 0.1 percent from the previous year.

A closer look at the generation mix reveals significant shifts. Local coal-based generation jumped 73 percent to 1,525 GWh, while imported coal-based generation skyrocketed to 1,054 GWh—an astonishing 50-fold increase compared to April 2024. Nuclear power generation also surged by 73 percent year-on-year, and wind power output climbed 67 percent. Solar generation posted a modest 2 percent increase.

Conversely, gas-based power generation declined by 14 percent year-on-year, and RLNG-based generation remained unchanged during the month.