The cost of electricity production up 78% in July-February

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KARACHI: The cost of electricity generation in the country jumped 78% in the first eight months (July-February) of this fiscal year compared to the same period of fiscal 2021, mainly due to high prices fuel, the latest data released on Wednesday.

However, the cost of electricity production decreased by almost 27% in the month of February 2022 compared to January.

On the other hand, electricity production increased by 11% during the month under review, according to figures published by the National Electric Power Regulatory Authority (NEPRA).

Additionally, the cost of all fuel consumed to generate electricity in the country in February 2022 decreased by 26.9% month-on-month to an average of Rs 8.94/KWh from at an average cost of 12.22 rupees/KWh recorded in January 2022.

However, year-on-year, it increased by 89.6%, which can be attributed to an increase in the production costs of coal, fuel oil, RLNG (regasified liquefied natural gas), nuclear and some gas.

The cost of fuel for power generation fell 6% month-over-month and jumped 56% year-over-year.

Electricity generation from gas increased 6% month-over-month and 11% year-over-year, while the cost of gas-based generation fell 14 % month over month and jumped 110% year over year.

The cost of electricity from HSD (high-speed diesel) climbed 18% year-over-year, while production was down 100% month-over-month and soared 219% year over year.

The cost of generating from coal fell 7% month-over-month and increased 80% year-over-year.

The cost of nuclear power generation also rose 5% and 3% month-over-month and year-over-year, respectively, while production fell 20% month-on-month. over the next and jumped 89% year over year.

Electricity generation from hydroelectric sources jumped 187% month-over-month and fell 8% year-on-year, while oil-fired generation fell 57% d month-over-month and soared 96% year-over-year.

Power generation from imported RLNG was down 27% month-on-month and up 3% year-on-year, while cost soared 96% year-over-year. month-over-month and down 8% year-over-year.

Wind power output fell 15% month-over-month and climbed 40% year-over-year, while solar grew 25% and 1% respectively month to month and year to year.


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