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Home Business & Stock

KE seeks power hike under fuel adjustment

MM News Staff by MM News Staff
January 3, 2022
Reading Time: 1 min read

ISLAMABAD: The electricity rates for KE consumers are expected to go by Rs5.50 per unit under fuel cost adjustments for three months.

The hearing on the KE’s request will be conducted by the National Electric Power Regulatory Authority (NEPRA) today (Monday).

According to the details, the authority will take up the proposed adjustment request of KE regarding monthly fuel charges adjustment (FCA) for the month of November 2021 and quarterly adjustment for the quarter ending September 2021 under Multi-Year Tariff (MYT) 2017-2023.

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The KE has requested an increase Rs0.32 for FCA of November 2021 and of Rs5.18 for quarterly adjustment (July to September 2021).

Read more: President FPCCI stresses on exploring new markets for trade diversification

NEPRA has invited all the interested and affected parties to raise objections as permissible under the law.

Meanwhile, the KE spokesperson has refuted news of an increase of Rs5.50 per unit and added that Karachi’s sole electric supply company as requested an increase of 31 paisa per unit increase under fuel adjustment.

Tags: KE
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