WAPDA produces 34bn units of hydel electricity, cuts costs by Rs106bn

News Image

MG News | December 29, 2023 at 02:13 PM GMT+05:00

0:00

December 29, 2023 (MLN): The Water and Power Development Authority (WAPDA) generated approximately 34 billion units of low-cost, clean, and green hydel electricity in the year 2023, saving a significant Rs106 billion.

To note, if same quantum of electricity was to be generated through expensive, imported fossil fuels, the government would have incurred an additional cost of about Rs106bn.

The cost of WAPDA hydel electricity is only Rs3.51 per unit, constituting around 30% of the total electricity supplied to the National Grid.

This year's output exceeded the 2022's production of 31.8bn units, marking an increase of 2.2bn units.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,095.00 119,275.00
117,905.00
1475.00
1.25%
BRENT CRUDE 72.72 72.82
72.70
-0.52
-0.71%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.31 70.41
70.18
0.31
0.44%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

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