AVN 46.90 Increased By ▲ 0.25 (0.54%)
BAFL 28.90 Increased By ▲ 0.40 (1.4%)
BOP 3.75 Increased By ▲ 0.04 (1.08%)
CNERGY 3.14 Increased By ▲ 0.01 (0.32%)
DFML 10.93 Increased By ▲ 0.24 (2.25%)
DGKC 52.74 Decreased By ▼ -0.95 (-1.77%)
EPCL 42.85 Increased By ▲ 0.30 (0.71%)
FCCL 12.10 Decreased By ▼ -0.03 (-0.25%)
FFL 6.00 Increased By ▲ 0.07 (1.18%)
FLYNG 5.96 Decreased By ▼ -0.03 (-0.5%)
GGL 9.99 Increased By ▲ 0.09 (0.91%)
HUBC 68.60 No Change ▼ 0.00 (0%)
HUMNL 5.70 Increased By ▲ 0.05 (0.88%)
KAPCO 22.13 Increased By ▲ 0.23 (1.05%)
KEL 1.77 Decreased By ▼ -0.01 (-0.56%)
LOTCHEM 29.30 Increased By ▲ 0.90 (3.17%)
MLCF 28.26 Decreased By ▼ -0.19 (-0.67%)
NETSOL 73.65 Increased By ▲ 1.25 (1.73%)
OGDC 76.61 Increased By ▲ 1.11 (1.47%)
PAEL 9.23 Increased By ▲ 0.03 (0.33%)
PIBTL 4.21 Decreased By ▼ -0.03 (-0.71%)
PPL 59.22 Increased By ▲ 1.21 (2.09%)
PRL 14.30 Increased By ▲ 0.22 (1.56%)
SILK 1.14 Increased By ▲ 0.03 (2.7%)
SNGP 42.56 Increased By ▲ 1.81 (4.44%)
TELE 6.65 Increased By ▲ 0.06 (0.91%)
TPLP 11.90 Increased By ▲ 0.20 (1.71%)
TRG 94.00 Increased By ▲ 0.20 (0.21%)
UNITY 13.00 Decreased By ▼ -0.03 (-0.23%)
WTL 1.17 Increased By ▲ 0.01 (0.86%)
BR100 4,146 Increased By 15.4 (0.37%)
BR30 14,196 Increased By 118.9 (0.84%)
KSE100 41,460 Increased By 107 (0.26%)
KSE30 14,710 Increased By 46.2 (0.31%)
Follow us

The total cost of generating electricity in the country increased nearly 18%, hitting Rs7.04 KWh in December 2022 compared to Rs5.99 KWh registered in the month of November.

However, on a year-on-year (YoY) basis, electricity generation cost declined significantly by 14.5%.

“On a YoY basis, the decrease in fuel cost is witnessed mainly due to a rise in nuclear, and solar based generation along with 14% YoY decline in coal-based cost of generation (due to the addition of local coal-based plants),” said Arif Habib Limited (AHL) in a note on Thursday.

“While on MoM basis, the rise in fuel cost is triggered by a decline in hydel and nuclear-based generation,” it added.

The power generation in the country witnessed a marginal increase of 0.6% on a monthly basis to 8,417 GWh ((11,313 MW) in December 2022, compared to 8,367 GWh in November. On a yearly basis, electricity generation registered a drop of 4.7%, as compared to 8,828 GWh (11,866 MW) recorded in December 2021.

During 1HFY23, power generation also decreased by 7.8% YoY to 68,570 GWh (15,528 MW) compared to 74,396 GWh (16,847 MW) during 1HFY22.

Moreover, the cost of power generation during the first six months of the ongoing fiscal year was up 27.8%, from Rs7.14 in 1HFY22 to Rs9.13 in 1HFY23.

Data on generation mix revealed that electricity generation decline on a yearly basis was led by coal 1,521 GWh, and Residual Fuel Oil (RFO) 39 GWh, which decreased by 27.7% and 89%, respectively.

Moreover, power generation from hydel and RLNG sources stood at 1,720 GWh and 1,154 GWh respectively, also showing a decline of 2.7% and 3.2%, respectively, on a yearly basis.

Pakistan's power cost and generation declines significantly in Nov

In December, nuclear was the leading source of power generation, accounting for 27.1% of the generation mix, to become the largest source of electricity generation in the country with 2,285 GWh, after recording a YoY increase of 47.5%.

Moreover, electricity generation from wind sources improved by 0.7% on a yearly basis to 212 GWh, while power generation from other renewable sources such as solar also witnessed a 54.4% increase on a yearly basis at 69 GWh.

Comments

1000 characters
Arslan Ahmed Jan 20, 2023 06:38pm
The cost has decreased as per other newspapers. Also evident from details. But the heading is quite opposite.
thumb_up Recommended (0) reply Reply

Pakistan's power generation cost increases significantly in December

Oil jumps 2% on Saudi plan to deepen output cuts from July

Virtual pipeline LNG import terminal: Govt mulling granting tax exemptions

$5bn trade with Turkiye achievable in 3 years: PM

AEDB grants 6-month LoI extension to two wind IPPs

IK says will be tried in military court

Power supply to Balochistan and Sindh will improve: NTDC energises Guddu-Shikarpur transmission line

Roosevelt Hotel given to NYC govt for 3 years: govt

PIA starts direct Karachi-Skardu flights

Crackdown on tax defaulting vehicles to begin today

Saudi pledges big oil cuts in July as OPEC+ extends deal into 2024