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Business

Web Desk
February 25, 2020

K-Electric petitions NEPRA to raise power tariffs

Business

Web Desk
Tue, Feb 25, 2020
Photo: Files

KARACHI/ISLAMABAD: The K-Electric has petitioned the National Electric Power Regulatory Authority (NEPRA) to approve an increase in the power tariffs it charges to customers, Geo News reported on Monday. 

According to the application, Rs1.37 and Rs1.44 should be paid in addition to the per  unit charges for electricity consumed by customers for the April-June 2019 and July-September 2019 quarters, respectively.

The KE submitted another request to approve fuel price adjustment for the first six months of the current fiscal year. 

It has sought a per-unit increase of Rs1.19, Rs0.781, Rs0.404 for the months of July, August and September, and per-unit decrease of Rs0.198, Rs1.901 and Rs2.354, respectively, for the months of October, November, and December.

A hearing pertaining to the KE's petition is set to be held on March 4 in Islamabad, the NEPRA said.

Correction: An earlier version of this story had erroneously stated that the monthly fuel price adjustment  sought by  KE for the months of October, November and December 2019 represented an increase in per unit charges for electricity. The exact quantum of monthly adjustments has also been rectified. The errors are regretted.