K-Electric requests Rs3 per unit tariff increase

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.

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