Power Division hasn’t entertained KE request

ISLAMABAD: The Power Division has reportedly not entertained a request of Karachi Electric (KE) to withhold current determined notification of tariff by Nepra, aimed at challenging it in the tribunal or High Court, well-informed sources told Business Recorder.

On July 5, 2018, Nepra had rejected a demand of the Power Division to substantially increase seven-year tariff of K-Electric to facilitate additional private sector investment but gave a five-paisa per unit allowance for indexation against recent exchange loss.

Published in Business Recorder, 28th July, 2018