ISLAMABAD: National Electric Power Regulator Authority (NEPRA) claimed that in January 2017 Pakistan’s power generation grew by 2% while declining 4% owing to lower electricity off-take during the winter season.
Fuel mix, as expected, remained tilted towards thermal based generationin Jan 2017, with Furnace Oil (FO) based power capturing 48% of the generation mix (+11% , -2% ) followed by gas with 26%.
Hydel generation on the other hand remained subdued, constituting 7% (-15%,-5%) of the country’s power generation, as seasonality factor kicked indue to lower water levels in the winter season.
Due to increased share of high cost thermal based power, fuel cost clocked in at Rs8.6 per Kilowatt hour (KWh), up 38%.
Nuclear based generation remained the cheapest at Rs0.81/KWh followed by
Gas (Rs4.5/KWh), Coal (Rs5.6/KWh), RLNG (Rs7.6/KWh), FO (Rs9.5/KWh),
In 7MFY17, power generation witnessed an increase of 4% YoY. Hydel and FO based generation cumulatively captured 62% of the power generation mix, each having a pie of 31%. RLNG and Nuclear based power expanded its share in the mix by 4ppt and 2ppt to 4% and 5%, respectively, while Gas based generation contracted by 5ppt to 24% during the period.
13 IPPs have reportedly called sovereign guarantees on 3rd March 2017 to recover outstanding dues amounting to Rs48bn within 10 days