K-Electric requests Rs3 per unit tariff increase

NEPRA will hear the power supplier company's request next week

ISLAMABAD:

The country's power regulator will convene next week to consider a request from K-Electric, the electricity supplier for Karachi, to raise power tariffs in the city by Rs2.35 per unit as part of a quarterly adjustment.

K-Electric has also applied to the National Electric Power Regulatory Authority (NEPRA) for an additional increase of Rs0.67 per unit to cover write-off claims.

NEPRA has published an advertisement announcing that it will review K-Electric's request on October 19.

Read More: SECP seeks names of ultimate KE owners

During the hearing, NEPRA will assess the validity of the quarterly adjustment and the justification for the write-off and previous adjustment claims.

All concerned parties are welcome to voice their objections by participating in the Zoom hearing. If NEPRA approves K-Electric's request, the citizens of Karachi may face an extra financial burden of Rs357 million each month.