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Power generation drops 8.2% YoY to 8,023 GWh in March’24, rises 12.5% MoM

Power generation rises 12.5% MoM in March’24
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April 19, 2024 (MLN): The total power generation in the country decreased by 8.2% YoY to 8,023 GWh during March 2024 as compared to 8,741 GWh in March 2023, monthly power production data released by the National Electric Power Authority (NEPRA) showed.

Conversely, on a month-on-month basis, the total power generation increased by 12.5% MoM compared to 7,130 GWh in February 2024.

On a cumulative basis, in 9MFY24, electricity generation stood at 92,450 GWh, down 1.2% YoY compared to the generation of 93,582 in 9MFY23.


Generation through Hydel, Nuclear, RLNG, gas, wind, and Solar registered a jump of 25.5%, 24.7%, 14.3%, 1%, 89.8%, and 22.2% MoM, respectively in March, compared with the figures in February.

On the other hand, Local coal and bagasse production dropped by 13.3% and 22.8% MoM, respectively.

When compared to March 2023, generation through Hydel and Nuclear sources ticked higher, while all other sources dropped.


Power generation through hydel contributed the largest in March 2024, as it accounted for 27.6% (2,217GWh) of total electricity.

With a share of 25.8%, power generation from Nuclear stood at around 2,070 GWh. The next in line was RLNG which contributed 20.7% (1,658 GWh) to overall electricity generation.

Meanwhile, electricity production was nill through Coal (imported), RFO and HSD during the review month.

Fuel cost

The average fuel cost dropped 4.4% MoM to Rs8.31/kWh in March 2024, compared to Rs8.7/kWh in February 2024.

On a yearly basis, the fuel cost recorded a rise of 1.1% YoY as in March 2023 cost stood at Rs8.22/kWh.

During the review month, the fuel cost of imported coal dropped significantly by 11.7% MoM.

Conversely, charges for production through all other sources increased on a month-on-month basis.

On an annual comparison basis, fuel costs for all alternatives recorded a major increase, except RLNG which recorded an 8.7% YoY drop.

Fuel cost during 9MFY24 dropped by 4.2% YoY to Rs8.75/kWh compared to a cost of Rs9.14/kWh incurred in the same period last year.

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Posted on: 2024-04-19T10:42:58+05:00