Nepra Concludes Hearing On K-Electric’s Request For September’s Reduced Fuel Charges Adjustments (FCA)
Karachi, 25 October 2022: A public hearing was held today by the NEPRA Authority over the petition submitted by K-Electric for Fuel Charges Adjustments (FCA) for the month of September 2022. K-Electric filed a negative FCA petition for the month of September at a rate of PKR 4.622/kWh. Final approval on the FCA is subject […]
Roshni Baji: K-Electric (KE) Holds 2nd Graduation Ceremony
KARACHI 24 OCTOBER 2022: The second cohort of K-Electric’s flagship Roshni Baji program completed their graduation at KE’s DNA Auditorium. This batch of 60 women from across Karachi have spearheaded the company’s efforts to create safer communities. The Roshni Baji program was formally inaugurated in February 2021 with 40 women. Combined with the second cohort, […]
NEPRA Announced Decision on KE’s Petition of Quarterly Adjustments for April to June 2022
Karachi, October 24: Based on KE’s petition for Quarterly Adjustments for April to June 2022, NEPRA has determined Quarterly Tariff variation for the period applicable on the July 2022 to September 2022. NEPRA has announced PKR 12.6818 /kWh for the quarter. The determinations are in accordance with the mechanism given in KE’s Multi Year Tariff […]
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 […]