Pakistan aims to end 'captive power' generation by January 2025, risking $3B in exports and millions of jobs.

Pakistan plans to eliminate 'captive power' generation by January 2025, a move that may harm its industrial sector by reallocating gas to government power plants, risking $3 billion in export losses and over three million job cuts. The country faces high electricity costs, the highest in the region, and struggles with capacity payments to independent power producers. A balanced energy strategy is crucial to maintain industrial competitiveness and ensure energy security.

November 04, 2024
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