Karachi, November 5, 2025 – K-Electric Limited (KE) announced on Wednesday that the Sindh High Court (SHC) has granted an interim relief order in favor of the company, restricting the National Electric Power Regulatory Authority (NEPRA) from taking any coercive action against it.
In an official disclosure to the Pakistan Stock Exchange (PSX), the power utility stated that it had filed an appeal before the NEPRA Appellate Tribunal under Section 12-G of the NEPRA Act, 1997, challenging NEPRA’s decision issued on October 20, 2025.
However, as the Appellate Tribunal remains non-functional, K-Electric approached the SHC by filing multiple constitutional petitions (Nos. D-5384 to D-5387 of 2025). The High Court, in its order dated November 4, 2025, directed that “no coercive action shall be taken against the petitioner till the next hearing.”
Earlier, on October 21, 2025, K-Electric informed the PSX that NEPRA had issued its verdict on several review motions related to:
• Multi-Year Tariff (MYT) determinations for KE’s generation, transmission, and distribution businesses for FY2024–FY2030.
• Transmission and Distribution Investment Plan and Loss Assessment for the same period.
• Write-off claims for the MYT 2017–2023 period.
NEPRA upheld its earlier stance on write-off claims but drastically revised other key determinations, including reducing KE’s average approved tariff from PKR 39.97/kWh to PKR 32.37/kWh, a move K-Electric claims could significantly impact its financial sustainability and consumer services.