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

Fatima Fertilizer’s Sarsabz Tabeer launches healthcare initiative in collaboration with MASH and the Government of Punjab

As part of its ongoing commitment to empower rural women and female farmers, Fatima Fertilizer,…

6 hours ago

Payoneer Hosted “Game Leaders Connect 2025” to Power Global Growth for Pakistan’s Gaming Industry

Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, hosted Payoneer’s…

6 hours ago

foodpanda launches Pakistan’s first multi-brand dining destination, ‘The Commune’

foodpanda, Pakistan’s leading online delivery platform, has announced the grand opening of "The Commune by…

7 hours ago

Why Did Temu & AliExpress Prices Suddenly Increase in Pakistan?

Pakistani shoppers were left shocked this week as prices on popular e-commerce platforms Temu and…

7 hours ago

Petrol, Diesel Prices May Surge by Up to Rs15/Litre

The government is preparing to impose another steep increase in petroleum prices, dealing a fresh…

1 day ago

Sindh Bank selects PTCL to enhance Bank’s Digital Connectivity Infrastructure

Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of…

1 day ago