K-Electric seeks nearly Rs19 per unit hike

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for seven months
KARACHI
The K-Electric is planning to shock consumers as the sole power utility in Karachi has sought the Nepra permission to charge Rs18.86 per unit additional fuel cost adjustment (FCA) from its consumers for the past seven months. According to details, the KE requested provisional monthly fuel charge adjustments for the period from July 2023 to March 2024. In its application, the power distribution company sought Rs18.86 per unit increase in the FCA for the past seven months and suggested Re0.29 decrease for the rest of the two months period.

If the power regulator approves the KE’s plea, the total increase would be Rs18.57 per unit.

Nepra has set May 9 as date for hearing the KE’s plea.

Last month, Nepra allowed power distribution companies and the KE to collect an additional Rs2.7492 per unit from power consumers on account of periodic adjustments for three consecutive months starting from April 2024.