BPC losses near P500m as power imports rise

By comparison, the corporation raked in pretax profits of P365.2 million in the 2021–2022 financial year, helped by improved generation at Morupule B and, thus, a reduced need to run the diesel plants at Orapa and Matshelagabedi which can collectively provide 160MW of emergency power.

Analysts also expect that the COVID-19-related restrictions on various sectors of the economy reduced the need for power imports in the 2020–2021 financial year.