ghazi52
THINK TANK: CONSULTANT
- Thread starter
- #151
Seen through this lens, the recent import slump looks less like a demand shock and more like a digestion phase. The market is working through earlier purchases. Growth in imports was never going to remain linear after such an aggressive stock build.
This interpretation also aligns with deployment data. The 2025 Nepra State of Industry Report shows no evidence of a solar slowdown. By the end of June 2025, Pakistan’s net metered solar capacity is estimated to have reached 6,485 MW. That represents an addition of nearly 4,000 MW in a single year, compared to about 1,200 MW added in FY24. The acceleration is unmistakable.
Crucially, these figures are not speculative. They are grounded in utility interconnection data and reflect systems that are actually operational. Unless something drastic has changed since June 2025, which it has not, net metered solar adoption remains robust. If anything, installations are still catching up with panels imported earlier.
This interpretation also aligns with deployment data. The 2025 Nepra State of Industry Report shows no evidence of a solar slowdown. By the end of June 2025, Pakistan’s net metered solar capacity is estimated to have reached 6,485 MW. That represents an addition of nearly 4,000 MW in a single year, compared to about 1,200 MW added in FY24. The acceleration is unmistakable.
Crucially, these figures are not speculative. They are grounded in utility interconnection data and reflect systems that are actually operational. Unless something drastic has changed since June 2025, which it has not, net metered solar adoption remains robust. If anything, installations are still catching up with panels imported earlier.



