Karachi, September 21, 2022: National Electric Power Regulatory Authority (NEPRA) reported a total of 14,053GWh of power generated for Aug-22 reflecting a decline of 13% YoY.
Hydel continued to gain its share in the energy mix and contributed 5,354 GWh (38% of the mix) towards total power production last month, effectively making it the single most popular source.
This was followed by Coal generation with 2,163 GWh (15%) of power produced. It must be noted that in Aug-22 FO generation was only 7% of the total energy mix.
Nuclear and RLNG contributed a total of 3,630GWh last month (~13% each). On a sequential basis, total power generation declined by 1% MoM.
This was largely driven by a 17% MoM decline in RLNG based production and a 10% MoM decline in Gas based production owing to shortage of gas in the country.
Total generation for 2MFY23 decreased by 11% YoY to 28,203GWh.
FO fades out; down 37% YoY in August
As per the latest data, FO represented just 7% of the energy mix in Aug-22 with a production of 1,021GWh, down 37% YoY.
It should be noted that Jul-22 was even lower for FO based production, cumulatively in 2MFY23, energy generation from FO was down 41% YoY.
Sequential increase in Hydel reduces fuel cost
Average fuel cost during Aug-22 declines by 8% MoM to Rs10.11/KWh over increase in power generation on hydel sources in the last two months.
With no High-Speed Diesel (HSD) based production, FO was the most expensive fuel source at Rs35.61/KWh followed by RLNG, which cost Rs24.72/KWh.
At Rs20.54/KWh, generation from coal was 2% higher MoM in the latest numbers while Gas-based generation cost 5% more than it did in the preceding month.
During 2MFY22 the cost of power production averaged at Rs10.55/KWh (up 56% YoY).