Power generation in Pakistan grew by 8.3% year-on-year basis in May 2021 to 13,010 GWh, moved up by 24% month-on-month basis as compared to 10,481 GWh in the month of April 2021.
During the 11 months of the current fiscal year, power generation rose by 6.7% to 115,862 as compared to 108,579 GWh during the same period, last year.
According to analysts, all sectors of the economy grew which helped the upward movement of generate power by 6.7% during the 11 months of this fiscal year.
The cost of power has also gone up by 33% in May 2021 year-on-year basis to Rs.5.7 per KWh from Rs.4.28 KWh during the same month, last year due to the hike in oil and coal rates.
Share of different power generation sources
The hydel sources share in power generation in the 11th month of this fiscal year was 3,465 GWh while it was 4,357 in the same month last year. Its share in the whole 11 months rose to 34,581 as compared to 33,883 GWh during the same period, last year.
Moreover, the share of Regasified Liquefied Natural gas (RLNG) in power generation was 22.8% in May 2020 which came down to 21.7% during the same month in the currents fiscal year.
During 11 months of this financial year, the share of RLNG has been 21% while it was 19.2% during the same period last year. The share of coal in power generated rose by 20% in May 2021 which was 18.2% during the same month, last year. Its share has been pegged at 21.5% in the 11 months of years 2021 and 2020.
During May 2021, the share of gas in power generation grew by 11.2% from 8.4% during May 2020. During the 11 months of the fiscal year 2020, its share in power generation was 12.6% which came down to 11.3% during the same period, this year.
The share of Nuclear power moved up to 9.8% in May 2021 which was 7.6% during the same month, last year. Its share during the 11 months of this fiscal year did not change if is compared with last year which was 8%.
The share of furnace oil in power generation rose by 5.9% in May 2021 from 1.1% during the same month last year. Its share during the 11 months of the current fiscal year grew by 4.4% from 3.3% during the same period, last year.