Electricity generation falls by 5% YoY in October

November 21, 2022 (MLN): Total Power generation in the country inched down by 5% YoY to 10,705 GWh during October 2022 at a cost of Rs9.02 per unit, compared to 11,296 GWh in October 2021 at the cost of Rs9.30 per unit, monthly power production data released by the National Electric Power Authority (NEPRA) showed.

The drop in electricity production was backed by the increase in demand due to lower economic activity across the country. Resultantly, generation from FO, RLNG, and Coal plunged by 87% YoY 32% YoY, and 12% YoY, respectively.

On the other hand, Nuclear and Solar-based power generation increased by 58% and 25% YoY, respectively. This surge is attributed to the addition of KANUPP-3 to the system.

Moreover, each Wind and Hydel based generation also increased by 20% YoY. The rise in wind-based generation was witnessed due to the addition of new plants in the system.

The rise in Hydel-based generation was due to the addition of Karot Hydro Power, while Neelam Jhelum was unavailable due to a technical fault, a report by AHL noted.

Cumulatively, during 4MFY23, power generation witnessed a drop of 9% YoY to 51,786 GWh against 57,086 GWh recorded in the corresponding period last fiscal year.

Share-wise, power generation through hydel contributed the largest in October 2022, as it accounted for 29% of total electricity. Meanwhile, the share of Nuclear, RLNG, Coal, Gas, Wind, FO, Solar, and Bagasse stood at 21%, 17%, 16%, 12%, 2%, 2%, 1%, and 0.4%, respectively.

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