K-Electric, the electricity provider in Karachi, has stirred outrage by demanding a significant increase in tariff, proposing a surge of Rs10.69 per unit in the basic electricity tariff.
Currently averaging Rs34 per unit, K-Electric aims to fix the basic electricity tariff at Rs44.69 per unit, marking a substantial escalation.
Seeking an increase in the base tariff under the seven-year multi-year tariff, K-Electric has submitted an application to the National Electric Power Regulatory Authority (NEPRA) for the period of 2023 to 2030.
In its application, K-Electric has also proposed setting transmission charges at Rs3.48, distribution charges at Rs3.84, operation and maintenance charges at Rs0.42, and retail margin at Rs0.59 per unit. Additionally, the company has requested fixing the working capital at Rs2.7 per unit in the electricity tariff.
NEPRA has called for feedback from stakeholders within seven days regarding K-Electric’s request, as the proposal sparks concerns and outrage among consumers.
Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…
To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…
KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…
Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…
The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement marking…
Meezan Bank, Pakistan’s premier Islamic bank, has inaugurated its first Service Center at Clifton Bridge,…
This website uses cookies.
