Underperforming Gencos cause over Rs64bn loss to exchequer: NEPRA

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra), in its performance evaluation of government-owned power generation plants (Gencos), has highlighted over Rs64 billion loss to the consumers due to extended outages during 2016-17 and 2017-18.

The data submitted by Gencos for FY 2016-17 and 2017-18 reflects that a number of units/machines of different power stations of Gencos failed to ensure net capacity. The regulator also found the majority of the transformers in the national grid to be overloaded, causing stability problems to the electricity network.

“Had these units not availed higher outage hours, a huge amount of energy — around 9373.003 million kWh — could have been contributed by them to the national grid, amounting to Rs64.629bn,” the evaluation report says of the period of 2017-2018.

The data pertaining to net capacity factor, as submitted by public sector GENCOs for the FY 2016-17 and 2017-18, reveals that the net capacity factor of all the Gencos remained low (less than 68%) during the said period, owing to increased duration of outages and underutilization of power plants.

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