Nepra notifies KE base tariff at Rs32.37 per unit
• Revised tariff Rs7.60 lower than original Rs39.97 determination • KE says revised MYT financially unsustainable, may pursue legal remedies • Consumers will continue to pay uniform tariff applicable to other Discos ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday notified K-Electric’s average base tariff at Rs32.37 per unit under its seven-year multiyear tariff…
The National Electric Power Regulatory Authority (Nepra) recently notified K-Electric's average base tariff at Rs32.37 per unit under its multiyear tariff (MYT) regime for FY24 to FY30. This revision reduces the government's subsidy burden by nearly Rs200 billion. Originally, Nepra had determined the MYT at Rs39.97 per unit, but this was lowered by Rs7.60 per unit in October last year on review petitions filed by various parties.
The revised rate is indexed to inflation and exchange-rate variations for the next six years. K-Electric challenged the revised MYT in the Sindh High Court but later lost the case, as a three-member tribunal upheld Nepra's determination. The revised tariff will be charged uniformly to consumers of other distribution companies, aligning with the government's policy guidelines.
K-Electric has stated that the revised tariff is not financially sustainable and plans to explore legal remedies.
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