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.
inDrive, a global mobility and urban services platform, has joined hands with Essa Labs to…
tapmad Entertainment has cemented its position as a pioneer in Pakistan’s digital entertainment space, not…
Airblue, one of the country’s leading private airlines, has announced a 14% discount on selected…
The Pakistan eCommerce Association (PEA) has urged the government to reduce the tax burden on…
From highlighting the need for affordable smartphones and universal internet to pushing for a cashless,…
Kaspersky research findings show that 42% of children surveyed from the Middle East, Turkiye and…
This website uses cookies.
