K-Electric seeks power tariff hike

KARACHI: The K-Electric has sought a Rs4.49 hike in the power tariff on account of the monthly Fuel Charges Adjustment (FCA) for March in an application to the National Electric Power Regulatory Authority (NEPRA), ARY News reported.

K-Electric has requested a hike in the electricity tariff for the monthly fuel charges adjustment for March.

The power utility has asked for an increase in the power tariff for Karachi consumers by Rs4.49/unit. The NEPRA will conduct a hearing on KE application on May 3.

Approval of the plea will put an additional burden of $6.63 billion on the consumers of Karachi.

Read more: NEPRA okays hike in power tariff for KE consumers

Earlier on April 14, the National Electric Power Regulatory Authority (NEPRA) approved an Rs0.58 per unit hike in the electricity tariff for K-Electric consumers.

The power regulator authority issued a notification and sanctioned an Rs0.58 per unit hike in the electricity tariff for K-Electric consumers on account of fuel charge adjustment (FCA) for February.

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