NEPRA concludes public hearing into quarterly adjustment of KE

Islamabad

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded public hearing into quarterly adjustment of K-Electric (KE) and decision would be announced in due course.

The hearing was presided over by NEPRA Chairman Tauseef H Farooq.

In a separate petitions filed with the regulator, the KE sought total Rs5.95 per unit hike under monthly fuel adjustment (FCA) for January to April 2021 and 36 paisa per unit increase under quarterly adjustment.

However, the authority postponed hearing of the monthly fuel adjustment for months of January to April 2021 till July while decision into to quarterly adjustment would be announced in due course after completion of all formalities.

The chairman observed that directed the KE to submit fuel adjustments for May and June as the current adjustments would affect and overburden the consumers.

The May and June adjustments would help reduce burden on the consumers, he added.

In the petition, the KE sought Rs1.97 per unit increase for January, Rs 2.49 per unit for February and Rs1.49 per unit for March while 86 paisa decrease sought for April.

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