KE eyes Rs19 per unit hike to clear backlog

ISLAMABAD: The Karachi-based K-Electric has sought approval to charge up to Rs18.6 per unit additional fuel cost from power consumers at an average monthly burden of about Rs2 per unit to mop up about Rs28bn additional funds and clear a backlog of about nine months (July 2023 to March 2024).

In a series of petitions filed before the National Electric Power Regulatory Authority (Nepra), the KE presented three different options for additional fuel cost recovery from consumers on a “provisional...