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Power generation jumps by 10.3% YoY in Oct’21

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November 22, 2021 (MLN): Power generation increased by 10.3% YoY to 11,296 GWh (15,183 MW) during Oct’2021 compared to 10,243 GWh (13,767 MW) in Oct’20, backed by the higher generation from nuclear, Furnace Oil (FO) and wind, monthly power production data released by the National Electric Power Authority (NEPRA) said on Saturday.

Cumulatively, during 10MCY21, power generation witnessed an upsurge of 8.5% YoY to 23,571 GWh against 21,724 GWh recorded in the corresponding period last calendar year.

During the month of Oct’21 alone, nuclear, FO, wind, solar, and High-Speed Diesel (HSD) based power generation went up by 95%, 8.0x, 38%, 0.2% and 8.7x YoY, respectively. However, Re-gasified liquefied natural gas (RLNG), hydel, coal, gas and bagasse-based generation declined by 5%, 17%, 2%, 5% and 68% YoY, respectively, as per a report by Arif Habib Limited (AHL).

Source wise, the share of RLNG in power generation was the largest in Oct’21, as it accounted for 24% (2,703 GWh) of total electricity with a fuel cost of Rs16.75/KWh. To note, the price of RLNG surged by 125% YoY to Rs2,715/mmbtu.

This was followed by hydel as around 23% (2,627 GWh) of electricity was generated through hydropower plants.

With a share of 17%, power generation from coal-fired power plants was 1,886 GWh at a rate of Rs11.37KWh, whereas, Nuclear contributed 12% (1,393 GWh) of electricity. Meanwhile, generation from FO was 1,229 GWh (11% of total generation) at a fuel cost of Rs21.23 per KWh.

In the backdrop of rising RLNG, coal, FO and gas-based cost of generation, the fuel cost of the power sector increased by 2.26x YoY to Rs6.80/KWh during the said month.

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Posted on: 2021-11-22T13:49:14+05:00

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