Electricity generation rises by 13% YoY in May’22

June 20, 2022 (MLN): Total Power generation in the country increased by 13% YoY to 14,657 GWh during May 2022 at a cost of Rs13.15 per unit, compared to 13,010 GWh in May 2021 at the cost of Rs5.7 per unit, monthly power production data released by the National Electric Power Authority (NEPRA) on Saturday showed.

The increase in electricity production was backed by the increase in demand due to an increase in temperature. Resultantly, higher generation from nuclear, FO, wind, solar and baggasse respectively.

Cumulatively, during 11MFY22, power generation witnessed a drop of 7% YoY to 32,274 GWh against 34,581 GWh recorded in the corresponding period last fiscal year.

Source-wise during the month of May 2022, wind, bagasse, RFO, nuclear, solar, and RLNG generation went up by 93%, 72%, 67%, 49%, 35%, and 19% YoY, respectively. On the other hand, coal-based generation declined by 23% YoY.

Share-wise, power generation through hydel contributed the largest in May 2022, as it accounted for 24% (3,591 GWh) of total electricity.

This was followed by RLNG as around 23% (3,355 GWh) of electricity was generated through hydel-based power plants with Rs27.93/kWh.  

With a share of 14%, power generation from coal was around 2,018 GWh at Rs18.02/ kWh fuel cost, whereas, nuclear contributed 13% (1,890 GWh) of electricity at a price of Rs1.06/kWh. Meanwhile, generation from gas-based power plants was around 1,465 GWh (10% of total generation) at the highest fuel cost of Rs10.12/ kWh.

RFOs-based energy contributed about 9% or 1,290 GWh of electricity at a price of Rs33.68/ kWh, while 5% or 779 GWh contribution came from Wind at zero fuel cost.

The bagasse and solar-based energy contributed about 1% (78 GWh) and 1% (90 GWh) of the electricity respectively during the month at a price of Rs5.98/kWh and Rs0/kWh respectively.

Accordingly, an increase of Rs7.96/kWh over the reference fuel charges i.e. Rs5.93/kWh has been proposed by CPPA-G for the month of May 2022.

In this regard, a hearing to consider the proposed adjustment is scheduled for June 27, 2022, the notification added.

Copyright Mettis Link News