K-Electric has requested provisional approval from the National Electric Power Regulatory Authority (NEPRA) to implement a Fuel Charges Adjustment (FCA) of Rs3.09 per unit for July 2024. The adjustment aims to recover an additional Rs6.206 billion, largely due to a 47.5% increase in fuel costs driven by a 73% surge in generation costs.
NEPRA has scheduled a public hearing for August 29, 2024, to review the data provided by K-Electric concerning the fuel price fluctuations for July. This FCA proposal is based on the Central Power Purchasing Agency’s (CPPA) fuel cost for the month and uses March 2023 as an interim tariff reference.
K-Electric states that the fuel and power purchase costs are calculated according to the Economic Merit Order, ensuring that no late payment surcharges or interest are included. The final decision on the FCA will be made by NEPRA following the public hearing.
Prime Minister Shehbaz Sharif announced on Sunday the complete elimination of the PTV licence fee…
The Aga Khan University Examination Board (AKU-EB) has successfully concluded a capacity development and technical…
In a landmark decision, the Universal Service Fund's (USF) Board of Directors has greenlit seven…
Pakistan’s passport has made a notable leap in global mobility rankings, entering the top 100…
An international survey conducted across 17 total countries, including Pakistan, was commissioned by the Global…
Data Vault Pakistan has officially launched the country’s first AI-focused data center in Karachi, a…
This website uses cookies.
