Thursday, April 17 2025

KE urges Nepra not to pass on full benefit of fall in fuel cost to consumers
K-Electric asked the National Electric Power Regulatory Authority (Nepra) on Wednesday not to pass on the full benefit of Rs6.62 per unit decrease in fuel cost in February to consumers and instead settle it against its past claims. The Nepra was holding a public hearing on monthly fuel cost adjustments (FCA) for electricity consumed in February, which showed the consumer had been overcharged to the extent of Rs6.62 per unit involving an amount of Rs6.662 billion. Under automatic monthly FCA, the KE consumers qualify for a Rs6.62 per unit refund in the coming month. The KE team, which comprised its chief executive officer Moonis Alvi, chief financial officer Amir Ghaziani and finance director Ayaz Jafar, reported that Rs13.9bn on account of partial load, degradation of power plants for the period July 2023-February 2025 had been pending for independent verification.
Related news categories: business economic-indicators power-gen-dist
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