KARACHI: Hub Power Co Ltd (Hubco), the country’s largest private utility, expects power consumption in the country to fall again this year due to higher tariffs and tepid industrial activity, a top executive told Reuters. Power demand in Pakistan plunged last year by nearly a sixth and a decline in 2024 would mark the first time in 16 years that …
Read More »Hub Power sees falling power demand on high tariffs
March 6, 2024