Technology

Pakistan produced 10.3pc more electricity in October

power plant - Pakistan produced 10.3pc more electricity in October

KARACHI: Power generation went up 10.3 percent on a year-on-year basis to reach 15,183MW during October 2021, compared with 13,767MW in October 2020.

A research report released by Arif Habib Limited (AHL) shows the rise in power production was owed to higher generation from nuclear, furnace oil (FO), and wind.

As per the report, major contributors to power generation during October 2021 were regasified liquefied natural gas (RLNG) with 24 percent share, hydel with 23 percent, coal with 17 percent, nuclear with 12 percent, furnace oil with 11 percent, gas with 10 percent, wind with 1.6 percent and solar with 0.5 percent of share.

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During the month, nuclear power generation went up by 95 percent, furnace oil 8 percent, wind 38 percent, solar 0.2 percent, and high-speed diesel (HSD) based generation went up by 8.7 percent on a year-on-year basis.

However, RLNG based generation declined by 5 percent, hydel by 17 percent, coal by 2 percent, gas-based generation by 5 percent, and bagasse by 68 percent on a year-on-year basis.

During the month under review, fuel cost for power generation increased by 126 percent on a year-on-year basis to reach Rs9.30/KWh mainly due to a rise in furnace oil, coal, RLNG, and gas-based cost of generation.

In addition hydel based generation also dipped by 17 percent year-on-year. RLNG-based cost of generation increased by 156 percent on a year-on-year basis to reach Rs16.75/KWh due to a 125 percent year-on-year rise in RLNG prices to Rs2,715/MMBtu ($15.78/MMBtu).

Coal-based cost of generation went up by 76 percent year-on-year to reach Rs11.37/KWh during October 2021 due to a rise of 294 percent in coal prices on a year-on-year basis.

Furnace oil-based cost of generation increased by 74 percent on a year-on-year basis to reach Rs21.23/KWh. Gas-based cost of generation jumped up by 19 percent year-on-year to reach Rs7.98/KWh. And hydel-based generation decreased by 17 percent in the month of October.

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