Power generation cost showed 25% reduction in September

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2023-10-21T20:39:07+05:00

Karachi: The cost of power generation in September has fallen over 25% year-on-year.

According to the National Electric Power Regulatory Authority (Nepra) data, the average cost of power production was Rs7.42 per kilowatt-hour as compared to Rs9.91 a year ago, brokerage firm Arif Habib Ltd said in a report.

“On a year-on-year basis, the decrease in fuel cost is witnessed mainly due to a decline in coal and re-gasified liquid natural gas (RLNG) based cost of generation along with 14% year-on-year rise in hydel-based generation.”

The cost of power generation saw a decline of 10.3% on a monthly basis as compared to the average cost of Rs8.27 in August.

Meanwhile, power generation in the country totalled 13,339 GWh (18,526 MW) in September 2023, up 3.6% as compared to the same period last year. In September 2022, power generation stood at 12,878 GWh (17,886 MW), the data showed.

The year-on-year increase in power generation comes on the back of local coal-based sources, which reached 1,479 GWh during September 2023, up by 155.6% year-on-year.

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