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

SIMPACT 2026 Brings AI to the Forefront of Simulation Education

The Aga Khan University's (AKU) Centre for Innovation in Medical Education (CIME), Karachi, hosted SIMPACT…

2 hours ago

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

4 hours ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

3 weeks ago