Pakistan Power_Generation levels on the downturn! (AKD Daily, Oct 18, 2022)
Generation levels on the downturn!
CPPA-G released its Energy Purchase Data for September. As expected, power generation
has decreased by 8%MoM to clock in at 12,878GWh, while also decreasing by 8%YoY
from the 14,022GWh recorded in Sep’21.
Hydel and Coal posted significant declines in power generation, down 18%MoM and 33%
MoM respectively. Hydel generation has come off its peak from August, with 4,404GWh
generated in September. Generation from Nuclear power plants has increased by 21%
MoM, while the utilization of RFO remained flat MoM at 1,080GWh.
Average cost of generation dropped down by 1.5%MoM to reach PkR9.9/kWh in September, largely attributable to the greater contribution of Nuclear in the generation mix,
along with reduced cost of generation from RFO plants.
HUBC has witnessed a dip in generation, with 9% less power purchased compared to August and down 39%YoY. KAPCO has also experienced a dip in utilization, decreasing to
12% vs. 15% in August, leading to a 24%MoM decrease in generation. NCPL’s power generation rose by 9%MoM, while NPL has sustained its high utilization with 72% posted in
September, keeping generation flat and up by 30%YoY.
AKD Securities Ltd. is one of the leading securities firm in Pakistan, providing a comprehensive range of investor focused services, including equity brokerage, economic and securities research, investment banking and financial advisory services. AKD Securities accounts for more than 6% of the average daily value of the Karachi Stock Exchange. AKD Securities was the first brokerage house to launch an online trading platform in Pakistan in November 2002 and now has the largest market share with over 6000 customers. This has helped diversify and expand the retail investor base in the country and ushered in a whole new universe of investors to the stock market.
AKD Securities Ltd. caters to a diversified group of domestic and international institutional investors, high net worth individuals and upscale retail clients, including expatriate Pakistanis. With high quality research, unparalleled execution and distribution capability for both regular and large block trades, AKD Securities Ltd. has earned an outstanding reputation in the Pakistani securities industry.Outside of commercial banks, AKD Securities Ltd. is one of the biggest capital market firms in the country. AKD Securities is the leader in raising and providing risk capital in underwriting, market making and mergers and acquisitions in Pakistan. Good corporate governance and professionalism are emphasized throughout the firm and AKD Securities Ltd. is amongst the very few companies to have introduced a firm-wide comprehensive CODE of ETHICS, overseen by an independent compliance manager.Ultimately, our success is based on the quality of service we provide to our customers and the trust and confidence reposed in us by them. Our focus, therefore, remains on customer satisfaction at all levels in the company.
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