Karachi, 8 October 2026:K-Electric Limited (KE) acknowledges the orders of the Honorable High Court of Sindh dated 7th October 2026, wherein the Court has issued notices to the respondents and, in the interim, suspended the impugned notifications and orders concerning the review of KE’s Multi-Year Tariff (FY24 – FY30).
KE had approached the Honorable High Court challenging the judgments of the NEPRA Appellate Tribunal dated 23rd September 2026, NEPRA’s review determinations dated 20th October 2025, and the subsequent notifications issued by NEPRA and the Ministry of Energy (Power Division).
The Company’s position before the Court is that while NEPRA holds the authority to review a tariff determination, such a process cannot amount to a fresh re-determination of the tariff. KE has further maintained that the review determinations translated into a substantial adverse impact on the Multi-Year Tariff (MYT) of KE for the control period from FY2024 to FY2030 and therefore, it is not considered as financially sustainable.
The High Court observed that the points raised merit consideration, suspended the impugned notifications and orders in the interim, and fixed the matter for hearing.
KE will continue to pursue the matter through appropriate legal and regulatory forums. KE remains committed to working towards a fair, cost-reflective, and sustainable tariff framework that protects consumers while ensuring the long-term reliability and viability of Karachi’s power infrastructure.