NEPRA urged to undo cut in K-Electric’s multi-year tariff
The power sector regulator heard several stakeholders of K-Electric on Thursday in a review petition filed by the firm to undo a notable cut in consumers’ tariff to support growth in power generation, transmission and distribution in the economic hub – Karachi.
The National Electric power Regulatory Authority (Nepra) revised down the multi-year tariff for K-Electric (KE) consumers by Rs3.5 per unit in March 2017. The new tariff was announced for a seven-year term; 2016-2023. The cut in tariff was a negative for the firm, neutral for consumers and positive for the government, it was learnt.
Published in The Express Tribune, 14th July, 2017.