Pakistan's Electricity Generation Cost Jumps 131% High>

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Pakistan's Electricity Generation Cost Jumps 131% High

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The all out cost of producing power in the nation bounced 131%, hitting Rs13.15 kWh in May 2022 contrasted with Rs5.7 kWh in May a year ago.

The increment comes predominantly because of a spike in the expense of age for heater oil (FO), Regasified Liquefied Natural Gas (RLNG) and coal, which increased by 135%, 178% and 130% separately, as per a note by financier house Ismail Iqbal Securities Limited.

Information on age blend uncovered that power age from coal declined 23% YoY to 2,018 GWh. Pwower age from FO, atomic and wind filling the hole, with a yearly increment of 67%, 49% and 93%, separately.

Power age from thermal power has taken extraordinary steps and presently represents 13% of the whole energy blend in May 2022, when contrasted with only 10% around the same time in 2021.

In the mean time, power age increased 13% YoY to 14,657 GWh during May 2022, contrasted with 13,010 GWh during May 2021.

"Higher than normal summer temperature and solid financial exercises stayed significant drivers behind development," said Ismail Iqbal Securities.

Power age during 11MFY22 remained at 129,317 GWh, up by 12% YoY, contrasted and 115,862 GWh recorded during 11MFY21.

In May, hydel was the main wellspring of force age, representing 24% of the age blend in with 3,591 GWh produced in May 2022, when contrasted with 3,465 GWh created around the same time last year, an increment of 4%.

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