Karachi, Pakistan – May 8, 2024 – The National Electric Power Regulatory Authority (NEPRA) will conduct a public hearing on May 9, 2024, to address the petition submitted by K-Electric (KE) regarding provisional monthly fuel charge adjustments (FCA) for the period of July 2023 to March 2024. The expected impact of proposed FCA will be between PKR 1.6 to 2 per month as compared to the average FCA of PKR 2.89 applied to customers of other distribution companies for the same period.
KE has filed FCA based on three scenarios and has requested NEPRA for approval of any of the three scenarios. The Authority will provide guidelines for the timely recovery of the FCAs and issue a subsequent notification clarifying the specific method implemented and its impact on customer bills.
FCAs are a standard procedure for utilities, reflecting changes in generation mix and fluctuations in global fuel prices used for electricity generation. Individual Distribution Companies cannot determine the FCA or make unilateral changes.