Pakistan Power_Nuclear takes the forefront, (AKD Daily, Jan 30, 2023)
AKD Daily
Pakistan Power: Nuclear takes the forefront
- Power generation has clocked in at 8,417GWh for the month of Dec’22, remaining flat MoM while decreasing by 4.5%YoY compared to 8,815GWh generated last year. Circular debt for the power sector has crossed PkR2.5tn compared to PKR2.25tn in June.
- The significant increases in power generation have been seen from Coal fired power plants, with generation up 56%MoM. Furthermore, Nuclear plants have sustained their levels of generation, while the natural course of hydrology in winters has led to a 31%MoM decrease in generation from the Hydel source.
- Average cost of generation for the month has risen by 18% to PkR7.0/kWh owing to the decrease in generation from Hydel plants. In terms of the generation mix for 1HFY23, the largest contributors are Hydel, Nuclear, RLNG, Coal and Gas, contributing 32%/19%/14%/14%/11% to the mix.
- HUBC has seen significant decline in operations, cumulating to 94% less power purchased compared to last December while down 29%MoM. The CPHGC remains barely used with its low position in the Merit Order as the plant relies solely on the expensive imported coal. Meanwhile, the base plant remains non-operational for the last 3 months, although that is bound to increase profitability for the inefficient plant.
AKD Research
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.