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

SSGC Ensures Uninterrupted Ramadan Gas Supply Amid Regional Tensions

Amid mounting regional tensions and the reported closure of the Strait of Hormuz, Pakistan’s energy…

27 minutes ago

Caine: U.S. Progressing in Campaign Against Iran; Hegseth Says Subsunked Iranian Warship

U.S. military leaders highlighted steady progress in their campaign against Iran on Wednesday as they…

1 hour ago

Turkiye confirms NATO defenses neutralize incoming Iranian missile

Turkish officials confirmed that NATO's air defenses neutralized a ballistic missile from Iran as it…

2 hours ago

Beckhams Send Birthday Wishes to Brooklyn Despite Feud

On Wednesday, David and Victoria Beckham sent a heartfelt message to their estranged son, Brooklyn…

2 hours ago

US Attacks on Iran: Legalities Under Scrutiny

The United States military has recently attacked more than 1,000 targets in Iran, culminating in…

2 hours ago

Novo Nordisk and Ministry Focus on Obesity in Pakistan During World Obesity Day

Novo Nordisk and the Ministry of National Health Services, Regulations and Coordination (MoNHSRC) marked World…

3 hours ago