Power generation witnessed a decline of 13% YoY to 7,621 GWh (10,244 MW) during Mar’19, as compared to 8,741 GWh (11,749 MW) during Mar’18. Major contributors during Mar’19 remained Gas, RLNG, Hydel, Coal and Nuclear. During 9MFY19, power generation witnessed an increase of 2% YoY. The share of FO based generation has decreased to 0.5% compared to 16% SPLY. However, the share of Hydel based generation has increased to 21% from 10.0% during Mar’18.
KAPCO’s RLNG based generation down by 98% YoY
RLNG based power generation of KAPCO took a dip of 98% YoY to 11 GWh during Mar’19 compared with 565 GWh during same month last year. The overall RLNG based generation declined by 16% to 1,784 GWh. During Mar’19, load factors of Bhikki, Haveli Bahadur Shah and Balloki remained 17%, 61% and 55%, respectively.
Being the most expensive source of power generation, FO based generation remained 40 GWh (-97% YoY). The coal based generation also declined by 15% YoY to 1,069 GWh. The decline in generation was witnessed due to lower demand from the power purchaser. Fuel cost declined by 19% YoY to PKR 5.0/KWh
Decline in fuel cost has been witnessed due to the following reasons:
Hydel based power generation witnessed an increase of 84% YoY to 1,601 GWh. Neelam Jhelum added 245 GWh (Load Factor: 34%) in hydel which was not available during Mar’18. In addition to this, generation from Malakand-III SHYDO, Star hydro and Laraib also increased by 26% YoY, 24% YoY and 49%, respectively.
Wind based power generation witnessed an increase of 25% YoY to 187 GWh
Furnace oil based generation declined by 97% YoY to 40 GWh. However, average cost of generation on FO settled at PKR 11.4/KWh which is 5% YoY higher from Mar’18 – PKR 10.8/KWh. Reduction in FO based plants contributed negatively PKR 1.69/KWh (144% of total) in total fuel cost.
Coal based generation declined by 15% YoY. However, cost of generation increased by 1.3% YoY. On net basis, coal contributed PKR 0.02/KWh in decline in total fuel cost (1% of total).