Power generation in Pakistan reached 7,696 GWh in February 2026, up 11% YoY from the generation recorded in February 2025.
Back in February 2025, power generation stood at 6,945 GWh.
“We believe the increase in generation was driven by higher demand, supported by lower tariffs and shift of industrial consumers to the national grid,” said Arif Habib Limited (AHL), in a note, on Wednesday.
On a monthly basis, power generation declined by 16% as compared to 9,140 GWh in January 2026.
However, in the first eight months of FY26 (July-Feb), power generation increased by 3% YoY to 84,192 GWh, up from 81,738 GWh in the SPLY.
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On the other hand, the total cost of generating electricity in Pakistan increased by 8% year over year, reaching Rs8.15 KWh in February 2026, up from Rs7.57 KWh in the same period last year.
“The cost of power generation rose due to a lower hydel and nuclear mix, while a higher imported coal mix,” said AHL.
On a monthly basis, the power generation cost was down 30%, as compared to Rs11.64 KWh in January 2026.
In February, coal emerged as the leading source of power generation, accounting for 30.9% of the generation mix, to become the largest source of electricity generation.
This was followed by hydel, which accounted for 23.2% of the overall generation, ahead of nuclear, which accounted for 18.8% of the power generation share. Whereas, gas and RLNG represented 11.5% and 9.5% of the power generation mix, respectively.
Among renewables, wind and solar generation amounted to 3.3% and 1.2%, respectively, of the generation mix.
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