Islamabad, September 28, 2023 – The National Electric Power Regulatory Authority (NEPRA) has given the green light for an enhancement in tariff adjustments for power utilities.
(more…)Tag: K-Electric
-
ECC Approves Surcharge Recovery from K-Electric Consumers
ECC greenlights recovery of Rs.1.52/unit surcharge and addresses key financial matters
Islamabad, June 21, 2023 – The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, met on Wednesday to discuss and approve important financial decisions. Among the significant outcomes, the ECC gave its nod to the recovery of a surcharge from K-Electric consumers.
(more…) -
KCCI requests date extension for electricity bill payment
The Karachi Chamber of Commerce and Industry (KCCI) has requested the management of K-Electric to extend the last date for payment of electricity bills in view of the recent Eid holidays.
(more…) -
K-Electric unveils plan to invest Rs484 billion in transmission, distribution
KARACHI: K-Electric unveils a plan to invest Rs484 billion in transmission and distribution business, according to a statement issued on Monday.
(more…) -
Pakistan, China companies sign MoU to explore renewable energy projects
KARACHI: Pakistan and China companies have signed Memorandum of Understanding (MoU) for collaborate on exploring renewable energy.
(more…) -
K-Electric files suit against former member seeking Rs5 billion damages
KARACHI: K-Electric has filed a suit before Sindh High Court against a former member of Board of Directors demanding Rs5 billion as damages.
(more…) -
K-Electric seeks highest ever reduction in power bills
KARACHI: K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022.
(more…) -
K-Electric fails to improve power generation: NEPRA Chief
KARACHI: Touseef Hassan Farooqi, Chairman, National Electric Power Regulatory Authority (NEPRA) has said that K-Electric failed to improve power generation.
(more…) -
KE applies for providing relief to consumers in November electricity bills
KARACHI: K-Electric, the utility company, has filed a petition to provide relief to its consumers in the electricity bill for the month of November 2022.
A statement on Monday said that the company for the month of November 2022, it filed a petition for a reduction in Fuel Charges Adjustment (FCA) at the rate of PKR 7.04 /kwh (per unit).
NEPRA will conduct a public hearing today over the petition submitted by K-Electric on account of Fuel Charges Adjustments (FCA) for November 2022.
November’s FCA was lower primarily due to a reduction in prices of RLNG, Furnace Oil, and power purchased from CPPA-G by 18 per cent, 15 per cent, and 37 per cent respectively as compared to September 2022.
FCAs are dependent on changes in global prices of fuel and are passed on to consumer bills under the prescribed rules and regulations of NEPRA and the Government of Pakistan.
FCAs are approved by NEPRA after review who also specifies the month during which the charge is applied in consumer bills.