KARACHI - K-Electric has submitted a request to Nepra to reduce Rs.1.64 per unit on account of monthly Fuel Cost Adjustment (FCA).

K-Electric’s spokesperson said that at the start of this month KE had submitted another request to NEPRA for a tariff reduction of 74 paisa, which was approved. If this current reduction is also approved by NEPRA then the total reduction in last 2 months would be around Rs 2.38. The spokesperson further stated,” In almost 25 days we have submitted another request to Nepra for tariff reduction to benefit our consumers. This reduction is mainly due to reduction in price of furnace oil”. Furthermore, with respect to KE’s submitted tariff petition, NEPRA will conduct a hearing in first week of January and once approved, this reduction will pass on to the consumers. KE spokesperson added that “it will be a big relief for K-Electric’s consumers”.