K-Electric seeks increase in base electricity tariff by Rs.10
K-Electric has requested National Electric Power Regulatory Authority (NEPRA) to increase the base electricity tariff in Karachi by Rs 10, taking it from Rs 33 to Rs 44.
The request is part of K-Electric’s comprehensive investment plan, which includes establishing fourteen new grid stations and laying 550 kilometers of transmission lines in Karachi over the next seven years, reports Samaa.
An online public hearing on K-Electric’s application was conducted by Nepra on Thursday in which it was laid out that a $2 billion investment strategy for improving the city’s electricity transmission, distribution, and supply system.
During the hearing, K-Electric’s Director of Communication, Imran Rana assured NEPRA that the increase in the base tariff would not impact Karachi’s electricity consumers due to the uniform electricity rate policy implemented across the country.
K-Electric emphasised that approving this tariff is crucial for maintaining a stable electricity supply and demand balance in the city.