Advertisement
Categories: BusinessNews

Nepra Concludes Public Hearing on Xwdiscos Petition for Quarterly Adjustments

Advertisement

The National Electric Power Regulatory Authority (NEPRA) has completed a hearing regarding the Quarterly Tariff Adjustment (QTA) for the period spanning October 2023 to December 2023, which marks the second quarter of FY24.

The request for this adjustment was submitted by XWDISCOS and encompasses various charges related to system operations.

Following government guidelines, the final decision issued by NEPRA and subsequently notified by the Government of Pakistan (GOP) will be applicable to all customers of distribution companies, including Karachi Electric (KE).

The forthcoming notification will outline the specific amount to be reflected in customer bills and the duration over which these charges will be applicable. Given the regulated nature of the power sector, the costs of electricity and associated charges are determined by NEPRA and communicated by the GOP. Individual Distribution Companies are unable to influence this process or enact unilateral changes.

This post was last modified on February 14, 2024 12:12 pm

Advertisement
Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

Recent Posts

New JFK Jr., Carolyn Bessette Series Faces Early Criticism

A new television series is set to revisit one of history's most enduring love stories…

9 minutes ago

Trump Announces Gaza Funding Plan at Peace Meeting, Troops Present

US President Donald Trump is set to announce a multi-billion-dollar reconstruction plan for Gaza at…

17 minutes ago

Senate Rejects PTI Founder Health Resolution, Protests Erupt

A resolution concerning the health of Pakistan's prominent opposition leader, Imran Khan, was rejected in…

26 minutes ago

Cruz Beckham Releases New Romantic Track ‘For Your Love’

Cruz Beckham has unveiled his latest single, "For Your Love," marking a new chapter in…

33 minutes ago

Munim Zafar to Lead Protest Outside Sindh Assembly on 14th Feb

Munim Zafar, leader of the Jamaat-e-Islami Karachi, announced plans for a significant protest on February…

39 minutes ago

US Sends Second Carrier to Middle East Amid Iran Tensions

In recent days, tensions in the Middle East have escalated as President Donald Trump indicated…

44 minutes ago