Keeping lights on gets pricier by the day

Pakistan’s power generation is growing, but the cost of meeting demand is rising much faster. September brought another reminder that the country’s fuel mix is becoming increasingly expensive, with limited RLNG availability pushing more generation onto imported coal and, at the margin, high-speed diesel (HSD). Power generation stood at 12.76 billion units in September, up 4.4 percent year on year. On a 12-month rolling basis, growth remains barely 3 percent. The recovery is still modest, with mu

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