ISLAMABAD: K-Electric Ltd. won a key regulatory nod to fast-track 370 MW of renewable energy capacity, after the National Electric Power Regulatory Authority (Nepra) approved its bid evaluation reports for three major clean power projects—two solar PV farms in Balochistan and a hybrid project at Dhabeji—clearing the way for formal tariff filings under the country’s national energy framework.
The greenlit portfolio includes a 100 MW solar plant in Bela and a 50 MW installation in Winder, both awarded to Master Textile Mills Ltd.
Nepra also approved KE’s proposed 220 MW hybrid project at Dhabeji, which offers a flexible mix of solar, potential wind or storage solutions, and includes a 20pc capacity margin to enhance grid stability. The project fits squarely within the Indicative Generation Capacity Expansion Plan (IGCEP) and Power Acquisition Plan (PAP), Pakistan’s primary planning tools for energy infrastructure. To protect consumers, the Nepra ruled that any project delays—whether by KE or the developers—must not result in additional charges to end-users. This safeguard is to be hardcoded into project agreements.
Beyond renewables, the regulator reviewed KE’s transition roadmap to the Competitive Trading Bilateral Contract Market (CTBCM)—a sweeping reform to liberalize Pakistan’s electricity sector. While hurdles remain, including legacy power purchase agreements and the need for a revamped capacity invoicing mechanism, NEPRA directed KE to align its operations with the central dispatch model and file a revised tariff petition reflecting these reforms.
Meanwhile, Nepra on Tuesday raised the average base tariff for K-Electric by Rs6.15 per unit — an 18.18% increase, setting it at Rs39.97/unit for fiscal year 2023-24 under a newly approved Multi-Year Tariff regime stretching to FY2030. The hike backs a Rs400 billion investment plan while cushioning against under-recovery risks to maintain power supply across Karachi.
Notably, the authority had earlier approved generation, transmission and distribution tariffs for the FY2024 to FY2030 control period.
According to Nepra’s determination issued on Tuesday, the new tariff structure includes Rs31.96/unit for power purchase excluding transmission charges, Rs2.86/unit for transmission cost, Rs3.31 for distribution cost, Rs2.28 for supply margin, and a negative Rs0.44 per unit adjustment on account of prior year adjustments. The decision said that the adjustments are vital for sustaining KEs Rs400 billion ($1.42 billion) investment plan over the next seven years duly approved by NEPRA. It also mentioned that ICE has successfully halved its line losses post-privatization and continues to address issues like illegal connections (kundas) that stem from unplanned urban sprawl. KE says its $700 million investment and reinvested profits have driven $4 billion in post-privatization upgrades, aligning returns with dollar-based benchmarks used by IPPs and IHVDC.
Governor says that under normal circumstances, assembly sessions are called through requisitions
AFP journalists heard drones over capital and explosions ringing out during barrage
Streeting says it was clear from his meetings with bereaved families and others who had suffered avoidable harm
Soaring temperatures come just as New Yorkers head to the polls Tuesday for Democratic primary
According to Ashok, NIA now says these four were not involved in Pahalgam incident
Hania Aamir immediately became centre of Indian media attention as soon as trailer for “Sardaar Ji 3” was released
