Pakistan’s Power Generation has slumped by 10 percent to 41,081 GWh on a year-over-year (YoY) basis in the first quarter of the current fiscal year 2023 (1QFY23).
The country’s generation stood at 45,790 GWh during the same period of the previous fiscal year (1QFY22). According to data released by Topline Securities, in September 2022, the power generation also declined 8 percent on a month-over-moth (MoM) basis, to 12,878 GWh. During 1QFY23, lower generation was observed from hydel (4 percent on a YoY basis), RLNG (34 percent on a YoY basis), Pakistan’s Power Generation , coal (23 percent on a YoY basis), and furnace oil (30 percent on a YoY basis). However, an increased generation was observed from nuclear (34 percent on a YoY basis), solar (19 percent on a YoY basis), bagasse (26 percent on a YoY basis), and high-speed diesel (41 percent on a YoY basis). The decline in power generation during September 2022 was mainly due to lower generation from hydel (13 percent on a YoY basis), regasified liquefied natural gas (RLNG) (77 percent on a YoY basis), coal (39 percent on a YoY basis), and gas (3 percent on a YoY basis).
On contrary, an increased generation was observed from nuclear (77 percent on a YoY basis), wind (103 percent on a YoY basis), solar (34 percent on a YoY basis), and bagasse (106 percent on a YoY basis). Pakistan’s Power Generation , The major contributors during 1QFY23 were hydel (35.9 percent), RLNG (13.9 percent), coal (13.2 percent), nuclear (10 percent), furnace oil (7.3 percent), gas (9.7 percent), and wind (3.3 percent). During September 2022, the major contributors in power generation were hydel (34.2 percent), nuclear (17.6 percent), RLNG (14.1 percent), coal (11.3 percent), gas (9.4 percent), furnace oil (8.4 percent), and wind (3.6 percent). In 1QFY23, the fuel cost for power generation surged by 56 percent on a YoY basis to Rs. 10.2 per unit against Rs. 6.5 per unit during 1QFY22. The fuel cost for September 2022 soared by 46 percent on a YoY basis to Rs. 9.9 per unit against Rs. 6.8 per unit during September 2021. However, on a MoM basis, a decrease of 1 percent was observed in the cost of fuel.
Source: This news is originally published by propakistani