Power generation drops 13.7% YoY in April 2024

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MG News | May 22, 2024 at 10:42 PM GMT+05:00

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May 22, 2024 (MLN): The total power generation in the country decreased by 13.7% YoY to 8,640 GWh during April 2024 as compared to 10,010 GWh in the same month of last year.

According to the monthly electricity generation data released by National Electric Power Authority (NEPRA), the total power generation increased by 7.7% MoM compared to 8,023 GWh in March 2024.

On a cumulative basis, in 10MFY24, electricity generation stood at 101,764 GWh, down 1.8% YoY compared to the generation of 103,593 in 10MFY23.

The average fuel cost for power generation declined by 10.1% YoY to Rs9.21/KWh in April 2024 compared to Rs10.24/KWh during April 2023.

On a monthly basis, fuel cost rose by 10.8%.

Generation through Coal, Gas, RLNG, Wind, Bagasse, and Solar registered a year-on-year decrease of 50.4%, 18%, 10.8%, 11.1%, 31%, and 10.2% respectively in April, compared with the figures in same month of last year.

On the other hand, production of Hydel, Nuclear, and Import from Iran jumped by 10.6%, 6.6%, and 21.5% YoY, respectively.

Share-wise, RLNG held the majority share of electricity generation during the month, clocking in at 25.0%

This was followed by Hydel with 24.0%, Nuclear with 23.6%, Gas with 11.3%, and Coal with 10.4%.

Cumulatively, Hydel took the lead in electricity generation with a share of 30.6% in 10MFY24. Nuclear followed at 19.3%, with RLNG contributing 18.1%, Coal at 15.9%, and Gas at 9.4%.

Units (GWh) Apr-24 Apr-23 YoY % Mar-24 MoM % 10MFY24 10MFY23 Cumulative %
Total 8,640 10,010 -13.7% 8,023 7.7% 101,764 103,593 -1.8%
Hydel 2,070 1,872 10.6% 2,217 -6.6% 31,099 28,809 7.9%
Coal 902 1,819 -50.4% 862 4.7% 16,166 16,254 -0.5%
HSD 0 0 - 0 - 102 206 -50.6%
RFO 0 223 -100.0% 0 - 1,973 4,020 -50.9%
Gas 975 1,189 -18.0% 795 22.6% 9,612 12,038 -20.2%
RLNG 2,157 2,418 -10.8% 1,658 30.1% 18,456 16,656 10.8%
Nuclear 2,043 1,916 6.6% 2,070 -1.3% 19,617 20,655 -5.0%
Import from Iran 37 30 21.5% 28 30.4% 292 420 -30.5%
Mixed 0 13 -100.0% 0 - 2 96 -97.7%
Wind 287 323 -11.1% 205 40.2% 3,041 2,892 5.2%
Bagasse 56 81 -31.0% 79 -28.7% 610 704 -13.3%
Solar 113 126 -10.2% 110 2.7% 794 844 -5.9%

Source: NEPRA, SBP

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