Karachi Electric (KE) has applied to NEPRA to cut the power rate by Rs 7.04/unit in January 2023 as part of the November 2022 fuel costs adjustment (FCA).
The pricing cut will help Karachi’s electricity consumers amid rising inflation and living costs.
NEPRA will hold a public hearing on KE’s tariff reduction request for November 2022 fuel cost adjustment (FCA).
NEPRA will examine if the requested fuel costs modification is reasonable and if the economic merit order (EMO) was followed while dispatching its power plants and purchasing power from private suppliers.
This is KE’s fifth negative FCA petition since July.
A KE representative said, “November’s FCA was lower due to decreased prices of RLNG, furnace oil, and power purchased from CPPA-G by 18%, 15%, and 37% compared to September 2022.”
NEPRA reviews and approves FCAs for KE and state-owned businesses after public hearings (DISCOs).
