Advertisement
News

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

Pakistan Responds to India with Border Closures, Trade Suspension, and Diplomatic Expulsions

Prime Minister Shehbaz Sharif convened a high-level meeting of Pakistan’s National Security Committee (NSC) on…

8 hours ago

Indian Soldier Detained After Border Breach as Pakistan Closes Airspace and Cancels Visas

An Indian Border Security Force (BSF) soldier has been taken into custody by Pakistan Rangers…

8 hours ago

In a First for Pakistan, Senior Malaysian Banking Delegation Explores Meezan Bank’s Model for Islamic Banking Insights

Meezan Bank, Pakistan’s first and largest Islamic bank, welcomed a high-level delegation from Malaysia to…

8 hours ago

OICCI express concerns over shipment delays and crippling financial losses due to highway blockade in Sindh

The six-day blockade of the National Highway in Sindh has brought local trade and industrial…

8 hours ago

Fertilizer Supply Disrupted: Sindh Blockades Threaten National Food Security

Pakistan’s fertilizer supply chain is facing severe disruptions as ongoing sit-ins and road blockades in…

8 hours ago

Khushhali Microfinance Bank Catalyzes Nationwide Financial Empowerment with Successful Conclusion of Pakistan Financial Literacy Week 2025

Khushhali Microfinance Bank (KMBL) successfully concluded its participation in Pakistan Financial Literacy Week (PFLW) 2025,…

8 hours ago