Pakistan’s industry paying double power costs of US, China, India: report

Pakistan’s industrial sector is paying almost double the electricity prices compared to China, India and the United States, and even higher than the European Union, adversely impacting its export competitiveness. According to the latest ‘Electricity 2025 — Analysis & Forecast to 2027’ report by the Paris-based International Energy Agency (IEA), the average 2024 electricity rates in the United States and India amounted to 6.3 cents each per kilowatt-hour (kWh), 7.7 cents in China, 4.7 cents in Norway and 11.5 cents in the European Union. In comparison, average electricity prices for energy-intensive industries in Pakistan hovered around 13.5 cents per unit in 2024.