ISLAMABAD: K-Electric (KE) has approached the National Electric Power Regulatory Authority (Nepra) seeking a reduction of Rs5.02 per unit in power tariff under the Fuel Charges Adjustment (FCA) mechanism for March 2025.
In a petition filed with Nepra, KE calculated the requested negative adjustment based on the interim reference tariff of March 2023. If approved, this would translate into a relief of Rs6.79 billion for KE consumers.
A public hearing on the matter has been scheduled for May 22 at Nepra Tower, where stakeholders will deliberate on the proposed FCA reduction. Nepra has invited all interested parties to submit written or oral feedback.
Additionally, KE has sought Nepra’s approval to adjust Rs14.6 billion in pending fuel cost recoveries dating back to July 2023. These include expenses related to partial load operations, open-cycle functioning, plant degradation, and startup costs. Of this amount, Rs9.4 billion has already been accounted for in FCA determinations between November 2024 and January 2025.
KE argued that offsetting the remaining Rs5.2 billion against the negative fuel cost variations of February and March 2025 would help avoid future financial pressure on consumers.
Nepra will also examine whether KE complied with the merit order in dispatching power from its generation facilities and external sources, and whether the technical justifications for the pending adjustments are reasonable. All related documents are available on Nepra’s official website.
