KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that the interconnection project between K-Electric (KE) and the National Transmission and Despatch Company (NTDC) will play a key role in ensuring the supply of affordable electricity to consumers in Karachi. He made these remarks while chairing a high-level review meeting on the project. The session was attended by KE CEO Moonis Alvi, NEPRA Member (Technical) Rafiq Shaikh, NTDC Managing Director Muhammad Waseem, and other key officials. During the meeting, the KE CEO and NEPRA representative briefed the minister on…
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Nepra Approves Rs3.02 per Unit Negative FCA for KE, Withholds Rs2 Billion
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a negative Fuel Charges Adjustment (FCA) of Rs3.021 per unit for K-Electric (KE) consumers for *January 2025, allowing a refund of *Rs2.93 billion in April’s electricity bills. However, Nepra has withheld Rs2 billion from the total negative adjustment. During a public hearing on *March 20, Karachi-based consumers opposed the adjustment of past dues under various accounts. Nepra stated that the *negative FCA will be applied provisionally and adjusted later based on KE’s Multi-Year Tariff (MYT) for 2024-30. The refund excludes…
Read More“K-Electric Unable to Draw More Than 2,000MW From National Grid Due to System Constraints”
K-Electric, the power distribution company for Karachi, is facing challenges in drawing more than 2,000 megawatts (MW) of electricity from the national grid due to system constraints. This limitation is likely to impact the power supply to the city, exacerbating the existing power shortage issues. The company’s inability to draw more power from the grid is attributed to the constraints in the transmission system. K-Electric has been working to upgrade its transmission infrastructure, but the process has been slow due to various technical and regulatory issues. The situation has raised…
Read MoreKE Board to Approve Additional Write-Off Claims Worth Rs 50 Billion
ISLAMABAD:* The Board of Directors of K-Electric (KE) is set to approve additional write-off claims to secure the approval of Rs 50 billion in billing adjustments for the financial years 2017 to 2023. This move aligns with an understanding reached with the Task Force on Energy, headed by Federal Minister for Power Sardar Awais Khan Leghari. The 125th KE Board meeting, scheduled for March 18, 2025, will finalize these claims for submission to the National Electric Power Regulatory Authority (Nepra). KE Chairman Mark Gerard Skelton acknowledged the urgency of the…
Read MoreKE Requests Rs 4.84 Per Unit Negative FCA Adjustment for January
ISLAMABAD: K-Electric (KE) has submitted a request for a negative Fuel Charges Adjustment (FCA) of Rs 4.84 per unit for January 2025, which would provide financial relief of Rs 4.695 billion to its consumers. Additionally, KE is seeking approval to adjust Rs 13.5 billion in pending fuel cost variations from previous months. The National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on March 20, 2025, to review the request. In its submission, KE explained that following the approval of its Generation Tariff post-June 2023, it had submitted…
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