Friday, May 24, 2024

K-Electric Seeks Massive Tariff Hike on Account of FCA

K-Electric, Karachi's primary electricity provider, has petitioned the National Electric Power Regulatory Authority (NEPRA) for an adjustment in electricity tariffs, specifically targeting the Fuel Charge Adjustment (FCA) component.

The request, spanning seven months from July 2023 to March 2024, proposes an increase of Rs18.86 per unit, with a slight decrease for two months within the period. However, after factoring in the decrease, consumers would still face a net increase of Rs18.57 per unit.

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The rationale behind the request stems from the escalating fuel costs for electricity generation, exacerbated by the pending approval of the Multi-Year Tariff, leaving K-Electric vulnerable to market fluctuations.

NEPRA is set to deliberate on K-Electric's petition during a hearing scheduled for May 9th, where the validity of the proposed tariff adjustments will be assessed.

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Zayn
Zayn
Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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Rafiq
Rafiq
24 days ago

Ye Kya Mazak hy abhi? Pehle se hi itni mehengi bijli hy. Isse behter to Banda India shift hojaye

Murghi chor
Murghi chor
24 days ago
Reply to  Rafiq

Bhi Jan India ka lvl hy abi hm Bache he Inka smne Hindustan ki GDP ko pak sy zra Compre kro pta chl jyega

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