The fuel cost component of power generation increases by 85% on an annual basis


KARACHI: The fuel cost component of power generation in November 2021 jumped 85% year on year to Rs 6.32 / kWh, mainly due to an increase in fuel oil, coal and regasified gas. liquefied natural gas (RLNG) based on production cost, official data suggests.

“[The] The RLNG-based cost of generation increased 166 percent yoy to 17.29 Rs / kWh due to a 123 percent yoy increase in [the] RLNG prices at Rs 2,720 / mmbtu ($ 15.68 / mmbtu), ”noted Rao Amir Ali at Arif Habib Limited in a report.

“[The] The cost of coal-based generation increased 85% year-on-year to Rs 13.14 / kWh in November 2021 due to the 121% year-on-year rise in coal prices. “

In addition, the cost of production based on fuel oil increased 72% year-on-year to Rs 20.27 / kWh. Hydel-based production was down 6 percent year-on-year and the cost of wind generation was down 5 percent year-on-year.

Overall, power generation increased 13.4% year-on-year to 8,482 GWh (11,780 MW) on November 21, from 7,479 GWh (10,388 MW) in November 2020.

“The rise in [the] production was due to higher production from nuclear, coal, gas, fuel oil and solar, ”said Rao Amir Ali.

The main contributors in terms of shares in November 2021 were hydel (33%), nuclear (18%), coal (16%), RLNG (14%), gas (13%), wind (2%), heating oil (2%) and bagasse (1%).

During the month, oil-based production increased by 424%, gas production increased by 150%, nuclear-generated production increased by 124% and coal-based electricity production increased by 26%. However, RLNG, hydel and wind power production fell by 37%, 6% and 5%, respectively.

In addition, hydel and wind power production decreased 6% year-on-year and 5% year-on-year, respectively.

“In November 2021, the cost of fuel for power generation increased by 85% year-on-year to Rs 6.32 / kWh, mainly due to an increase in production costs based on fuel oil, coal and the RLNG, ”Ali added.

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