Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall to around 17% YoY in April

Electricity generation increases by 8.2% MoM in July 2023

Power generation rises 12.5% MoM in March’24
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August 22, 2023 (MLN): The total power generation in the country increased by 8.2% MoM to 14,840 GWh during June 2023 as compared to 13,713 GWh in the corresponding month, monthly power production data released by the National Electric Power Authority (NEPRA) showed.

On a yearly basis, the total power generation increased by 4.9% YoY for July 2023 compared to 14,151 GWh in the corresponding period last year.

Source-wise, during the month of July 2023, RFO, Import Iran, and Gas went down by 66.4%, 37.7%, and 23% YoY, respectively.

On the flip side, Nuclear, coal, and Hydel generation increased by 4.8%, 21%, and 10.9% YoY, respectively.

Furthermore, power generation from wind, bagasse, and solar stood at 549 GWh, 40 GWh, and 75 GWh respectively.

Share-wise, power generation through hydel contributed the largest in July 2023, as it accounted for 37.2% (5,518 GWh) of total electricity.

With a share of 19.7%, power generation from RLNG was around 2,918 GWh at Rs24.4/ kWh fuel cost, whereas, coal contributed 14.7% (2,180 GWh) of electricity at a price of Rs11.5/kWh.

Meanwhile, nuclear-based power plants generated around 2,107 GWh (14.02% of total generation) at the fuel cost of Rs1.2/ kWh.

Fuel mix improved as generation from cheaper fuels increased i.e. Hydel, Nuclear, keeping fuel cost flat at 10.91/kWh.

While on a sequential basis, it went down by 3.4% in July 2023 to Rs10.91 per unit as compared to Rs11.28 per unit in June 2023.

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Posted on: 2023-08-22T12:12:42+05:00