Power generation rises 11% in February

Pakistan’s power generation rose 11 per cent year-on-year (YoY) to 7,696 GWh in February 2026, up from 6,945 GWh in the same month last year, according to official data.

Analysts attributed the increase to higher demand, supported by lower tariffs and a shift of industrial consumers towards the national grid.However, on a month-on-month (MoM) basis, generation fell 16 per cent from 9,140 GWh in January 2026. During the first eight months of FY26 (July-February), total power output increased 3.0 per cent YoY to 84,192 GWh, compared with 81,738 GWh in the corresponding period of the previous year.

Meanwhile, the cost of electricity generation rose 8.0 per cent YoY to Rs8.15 per kWh in February, up from Rs7.57 per kWh in the same month in 2025-26. Arif Habib Limited noted that the increase reflected a lower contribution from hydel and nuclear sources, alongside a higher share of imported coal in the generation mix.

On a monthly basis, generation costs declined sharply, falling 30 per cent from Rs11.64 per kWh in January.Coal remained the largest source of electricity in February, contributing 30.9 per cent of total generation. Hydel accounted for 23.2 per cent, nuclear 18.8 per cent, gas 11.5 per cent and RLNG 9.5per cent. Among renewables, wind and solar contributed 3.3 per cent and 1.2 per cent, respectively.