Advertisement
Categories: BusinessNewsPakistan

NEPRA Concludes Hearing on K-Electric’s Request for Rs4.95/unit Tariff Reduction for Karachi

Advertisement

The National Electric Power Regulatory Authority (NEPRA) has wrapped up its hearing on K-Electric’s proposal to lower electricity tariffs in Karachi by Rs4.95 per unit under the December monthly fuel adjustment. The regulator has reserved its decision, which will be announced after a detailed review of financial data.

During the proceedings, K-Electric also sought an additional adjustment of Rs5 billion, citing costs associated with partial load operations, open-cycle generation, and startup expenses. However, consumer representatives opposed the request, insisting that the full benefit of the fuel adjustment should be passed on to the public.

A consumer highlighted that despite these tariff changes, commercial areas in Karachi continue to experience load shedding, while the Industrial Support Package remains unimplemented. NEPRA officials responded by noting that K-Electric has challenged the package in court.

Company representatives disclosed that in December, K-Electric produced electricity at Rs18.60 per unit from its own sources, while power procured from CPPA cost Rs9.60 per unit.

NEPRA will issue an official notification after finalizing its decision based on the financial review.

Advertisement
News Desk

Recent Posts

Your Guide to Safe Rides and Deliveries with inDrive

Taking a ride or sending a package shouldn’t come with second guesses. That’s why inDrive,…

7 days ago

Irfan Junejo to Represent Pakistan as Begin Partners with LaLiga for Exclusive FC Barcelona Interviews

First-ever official representation from Pakistan at FC Barcelona’s base camp marks a new chapter in…

2 weeks ago

Dowry: A Deadly Tradition That Must End

A young bride from Gujranwala has become the latest victim of a cruel and deep-rooted…

2 weeks ago

Begin Secures Global Streaming Rights for Pakistan Idol

Begin, the UAE-based OTT platform, has acquired the global streaming rights for Pakistan Idol, one…

3 weeks ago

Remembering Shaheed Hakim Mohammed Said

Members of the Hamdard Shura Karachi chapter and young speakers of the Hamdard Naunehal Assembly…

3 weeks ago

Farhan Ghani Arrested Over Alleged Assault on Government Servent, FIR registered

Pakistan Peoples Party (PPP) local leader and Chanesar Town Chairman Farhan Ghani has been arrested…

2 months ago