Power generation plummets by 21.2% MoM in November 2023
MG News | December 20, 2023 at 12:45 PM GMT+05:00
December 20, 2023 (MLN): The total power generation in the country plunged by 21.2% MoM to 7,547 GWh during November 2023 as compared to 9,572 GWh in October, monthly power production data released by the National Electric Power Authority (NEPRA) showed.
On a year-on-year basis, the total power generation decreased by 9.8% YoY compared to 8,367 GWh in the same period last year.
On a cumulative basis, in 5MFY24, electricity generation stood at 61,258 GWh, up by 1.8% YoY compared to the generation of 60,153 in 5MFY23.
Source-wise, generation through all sources except RFO and Coal (imported) registered a fall in November, compared with the figures in October.
Hydel, RLNG, Nuclear, gas, local coal, wind, solar, and bagasse generation all declined by 11.5%, 58.8%, 13.9%, 13.9%, 1.3%, 26%, 22.5%, 34.2%, and 6.9% MoM, respectively.
Generation through imported coal and RFO increased by 44.6% and 4x MoM, respectively.
When compared to November 2022, generation through hydel, local coal, RLNG and Wind rose by 10%, 2.95x, 23.1% and 19.7% respectively.
Whereas other sources decreased on a year-on-year basis.
Share-wise, power generation through hydel contributed the largest in November 2023, as it accounted for 36.5% (2,775 GWh) of total electricity.
With a share of 20.8%, power generation from Nuclear was around 1,572 GWh, whereas, local coal contributed 13.1% (987 GWh) to overall electricity generation.
Meanwhile, RLNG-based power plants generated around 798 GWh (10.6% of total generation).
The average fuel cost surged by 19.7% YoY to Rs7.17/kWh in November 2023, compared to Rs5.99/kWh in the SPLY.
On a sequential basis, the fuel cost dropped by 13.2% MoM in November 2023 compared to Rs8.26/kWh in October 2023.
The fuel cost of Nuclear fell by 1.6% MoM from Rs1.23/kWh and Rs1.21/kWh.
Conversely, for all other sources, the fuel cost increased on a monthly basis.
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