NEPRA Approves pkr 4.89 Per Unit Reduction For Karachi Consumers For August 2022 Fuel Charges Adjustments (FCA)
October 14, 2022, Karachi: NEPRA has approved Fuel Charge Adjustments reduction of PKR 4.89/kWh for KE consumers for the month of August 2022. The decision and subsequent reduction to consumers will apply for the billing month of October 2022. Fuel Charge Adjustments (FCA) is an approved adjustment applied on bills for electricity consumers of KE […]
Power Supply To Karachi Stabilized Following Tripping In National Grid
Karachi : Power supply to Karachi was restored in a phase-wise manner following a tripping in the transmission lines of the National Grid on Thursday. It had affected multiple cities across Sindh, Balochistan and Southern Punjab. KE’s network after safely being disconnected from national grid, landed in island mode post which KE through its own […]
Sustained Investment, Holistic Approach, Driving Improvement In KE’s Performance
KARACHI 4th October 2022: KE’s improved operational performance was acknowledged in the State of the Industry report for FY21-22. The report which offers a detailed snapshot of the health of the power sector of Pakistan. The report, published annually by National Electric Power Regulatory Authority (NEPRA), also highlighted the longstanding issue of supply of low […]
Delays In Release Of Tariff Subsidy Continue To Strain KE Cashflows
KARACHI 30 September 2022: A continued bottleneck on the release of over PKR 380 billion in Tariff Differential Subsidy (TDS) claims is aggravating KE’s cashflow challenges. As of August 2022, the company’s receivables from various Federal and Provincial government entities stand at PKR 452.7 billion, of which the majority is in the form of TDS […]
Nepra Concludes Hearing On K-Electric's Request For August Fuel Charge Adjustments
KARACHI, September 29, 2022: The National Electric Power Regulatory Authority (NEPRA) concluded a public hearing on K-Electric’s (KE) Fuel Charges Adjustment (FCA) application for the month of August 2022 on Thursday, September 29. The power utility has requested a reduction of PKR 4.21 per unit under FCA for August 2022. The benefit of this reduction […]
K-Electric Announces Financial Results For FY 2022: Net Profit Declines, Current Economic Situation Remains a Challenge
KARACHI 20th September 2022: The Board of Directors of K-Electric approved the financial results for the company on 20 September 2022 for the year ended on 30 June 2022. Driven by prudent policies, the Company’s key areas of operations showed strength. T&D losses further reduced from 17.5% to 15.3% in FY 2022. This improved performance […]
K-Electric Partners with Faysal Bank to Provide Bill Installment Facility
In furtherance to its effort to maximize customer’ convenience, K-Electric has partnered with Faysal Bank Limited (FBL) to offer instalment of electricity bills. The offer that is available for all FBL’s credit / Islami Noor card holders, is live from 1st September until 30th November 2022. Through this facility, eligible customers can avail 3-months installment […]
K-ELECTRIC SUSTAINS POWER SUPPLY TO KARACHI DURING THE ONGOING MONSOON SPELL
KARACHI, 12 September: As Karachi received varying intensity of rain on Monday afternoon, K-Electric ensured sustained power supply to the city. During the sporadic showers that continued till late evening, KE’s teams remained vigilant and monitored the situation. During the downpour, the maximum number of feeders powered down for safety reasons was not more than […]
1.8 MILLION KE CONSUMERS ARE BENEFITTING FROM PRIME MINISTER'S FCA RELIEF PACKAGE
Following PM’s Announcement of FCA’s relief package for the month of June, 1.8 million eligible electricity consumers across KE serviced territory in Karachi and adjoining regions are receiving benefit and being delivered adjusted bills for August at their doorsteps with extended due dates. The announcement of June’s FCA relief has come in two parts, it […]
NEPRA CONDUCTS PUBLIC HEARING ON KE'S PETITION FOR JULY'S NEGATIVE FUEL CHARGE ADJUSMENT OF PKR 3.4
Karachi, 31 August 2022: NEPRA conducted a public hearing on 31 August over the petition for negative Fuel Charge Adjustments at the rate of PKR 3.47 per unit submitted by K-Electric for July 2022. After NEPRA’s approval, consumers may receive a benefit of 3.47 rupees per unit for consumption in July 2022. Compared to the […]