Pakistan experienced a significant decline in power generation in April 2024, recording a 13.7 percent year-on-year (YoY) fall. According to the latest data, the country generated 8,639 GWh (11,612 MW) in April 2024, down from 10,010 GWh (13,903 MW) in April 2023.
(more…)Tag: power generation
-
Pakistan and Germany Sign Agreement to Enhance Power and Health Sectors
Islamabad, December 4, 2023 – Pakistan and Germany have joined hands to sign a pivotal agreement. This collaborative effort is poised to elevate both the power transmission infrastructure and healthcare services in Pakistan.
(more…) -
Pakistan records highest monthly power generation decline in April 2023
In April 2023, Pakistan experienced the highest monthly decline in power generation since July 2012. The total power generation during that month decreased by 23 percent year-over-year (YoY) to 10,010 GWh (13,903 MW), compared to 12,960 GWh (18,001 MW) in April 2022.
(more…) -
Power generation rises by 13.4% in November 2021
KARACHI: The country’s power generation has recorded an increase of 13.4 per cent to 8,482 GWh (11,780 MW) in November 2021 as compared with 7,479 GWh (10,388 MW) in the same month of the last year.
The rise in a generation was owed to higher generation from nuclear, coal, gas, furnace oil, and solar, analysts at Arif Habib Limited said.
READ MORE: FBR notifies increase in sales tax on petrol, HSD
Major contributors during November 2021 were hydel (share: 33 per cent), nuclear (share: 18 per cent), coal (share: 16 per cent), RLNG (share: 14 per cent), gas (share: 13 per cent), wind (share: 2 per cent), furnace oil (share: 2 per cent), and bagasse (share: 1 per cent).
During the month, furnace oil, gas, nuclear, and coal-based power generation went up by 424 per cent, 150 per cent, 124 per cent and 26 per cent, respectively. However, RLNG, hydel and wind-based generation declined by 37 per cent, 6 per cent, and 5 per cent YoY, respectively.
READ MORE: SBP revises manual on remittances for petroleum sector
During November 2021, fuel cost for power generation increased by 85 per cent YoY to PKR 6.32/KWh mainly due to rise in furnace oil, coal and RLNG based cost of generation. In addition to this hydel and wind-based generation decreased by 6 per cent YoY and 5 per cent YoY, respectively.
The analysts said that the rise in fuel cost by 85 per cent YoY to PKR 6.32/KWh during November 2021 was led by the following reasons:
READ MORE: PPL gets license for large scale mining of Lead, Zinc
— RLNG-based cost of generation increased by 166 per cent YoY to PKR 17.29/KWh due to 123 per cent YoY rise in RLNG prices to PKR 2,720/mmbtu (USD 15.68/mmbtu).
— Coal-based cost of generation went up by 85 per cent YoY to PKR 13.14/KWh during November 2021 due to 121 per cent YoY rise in coal prices.
— furnace oil-based cost of generation increased by 72 per cent YoY to PKR 20.27/KWh.
— hydel-based generation decreased by 6 per cent YoY.
— Wind-based generation decreased by 5 per cent YoY.
-
Power generation eases by one percent in FY20
KARACHI: Power generation in Pakistan declined by one percent YoY to 121,867 GWh (23,618 MW) during FY20 as compared to 122,708 GWh (23,781 MW) in FY19 due to overall slow economic activity during the year and the impact of COVID-19 related lockdowns and restrictions during Mar-May 2020, analysts said on Thursday.
The analysts at Topline Securities said that power mix during FY20 moved in favor of Hydel (32 percent in FY20 against 26 percent in FY19) and Coal (21 percent in FY20 against 13 percent in FY19), replacing Gas (12 percent in FY20 against 18 percent in FY19) and Furnace Oil based generation (3 percent in FY20 against 7 percent in FY19).
RLNG contributed 20 percent to the overall power mix, with Nuclear and Wind based generation clocking in at 8 percent and 2 percent, respectively during the year.
Coal power generation has increased due to the commencement of China Hub Power Generation (1,220 MW) and Engro Powergen Thar (660 MW), while Hydel power generation increased due to improved availability of water amidst higher water availability during the year.
The demand for Furnace Oil and Gas based power fell due to their higher cost of producing power, which resulted in their respective decline in merit order list.
The installed Capacity in the country touched 34,157MW in Jun-2020 compared to 30,590 MWin Jun-2019.
Power Generation started to decline in Mar-2020 (down by 9 percent YoY to 6,911 GWh from 7,621 GWh in Mar-2019) largely due to COVID-19 related lockdowns and restrictions.
A similar trend was also witnessed in Apr-2020 and May-2020 as Power Generation declined by 14 percent YoY and 5 percent YoY, respectively.
However, encouragingly Power Generation has picked up, though up 1 percent YoY, it is has almost double (+92 percent) from the low recorded in Mar-2020.
With industries opening up post COVID-19 lockdown and subsequent pick up in economic activity, we expect demand for Power to increase from here forth.
The average fuel cost was down by 3 percent YoY to Rs5.97/KWh in FY20 compared to Rs6.13/KWh in FY19.
This is mainly due to increase in Hydel based generation by 20 percent YoY (no fuel cost) and increased in coal based power generation at a lower cost of Rs6.1/Kwh.