Power generation plummets by 28% MoM in October 2023

News Image

MG News | November 21, 2023 at 01:01 PM GMT+05:00

November 21, 2023 (MLN): The total power generation in the country plunged by 28.2% MoM to 9,572 GWh during October 2023 as compared to 13,399 GWh in September, 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 10.6% YoY compared to 10,705 GWh in the same period last year.

On a cumulative basis, in 4MFY24, electricity generation stood at 53,710 GWh, up by 3.7% YoY compared to generation of 51,786 in 4MFY23.

Source-wise, generation through all sources registered a fall in October, compared with the figures in September.

Hydel, RLNG, Nuclear, coal, gas, imported coal, wind, solar, and bagasse generation all declined by 37.8%, 8.9%, 20.1%, 9.8%, 30%, 47.8%, 53.4%, 3.8%, and 17.1% MoM, respectively.

On the other hand, generation through RLNG and local coal increased by 5.2% and 2.79x YoY, respectively, compared to October 2022, while generation from other sources decreased on a year-on-year basis.

Share-wise, power generation through hydel contributed the largest in October 2023, as it accounted for 32.5% (3,114 GWh) of total electricity.

With a share of 20.3%, power generation from RLNG was around 1,939 GWh, whereas, Nuclear contributed 19.1% (1,826 GWh) to overall electricity generation.

Meanwhile, local coal-based power plants generated around 1,334 GWh (13.9% of total generation).

The average fuel cost went down by 8.4% YoY to Rs8.26/kWh in October 2023, compared to Rs9.02/kWh in the SPLY.

On a sequential basis, the fuel cost went up by 11.4% MoM in October 2023 compared to Rs7.42/kWh in September 2023.

The fuel cost of RLNG and imported coal went down by 2% and 16% MoM to Rs23.7kWh and Rs13.27/kWh respectively.

Conversely, for all other sources, the fuel cost increased on both a monthly and yearly basis.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,485.00 77,935.00
76,105.00
1710.00
2.26%
BRENT CRUDE 98.37 100.12
97.12
2.23
2.32%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 111.10 111.10
111.10
0.35
0.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 91.94 93.90
89.41
-4.66
-4.82%
SUGAR #11 WORLD 14.58 14.63
14.44
-0.12
-0.82%

Chart of the Day


Latest News
May 26, 2026 at 04:42 AM GMT+05:00

BankIslami launches FOCUS


May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China


May 25, 2026 at 04:25 PM GMT+05:00

PKR maintains upward momentum vs USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg