KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has prompted the National Electric Power Regulatory Authority (Nepra) to hold an urgent hearing of the stakeholders of Karachi regarding electricity issues.
KCCI president wrote a letter to Nepra Chairman Waseem Mukhtar regarding inflated electricity costs.
The letter held the government and K-Electric (KE) responsible for exorbitant electricity bills in Karachi. It also entailed a formula to decrease the cost of electricity in Karachi.
The Chairman of Nepra has been requested to consider the points mentioned in the letter on an urgent basis.
KCCI President has called the Power Holding Limited (PHL) surcharge imposing Rs3.23 per unit on the consumers unjust.
As per the letter, KE is charging 3 to 5 Rupees higher than other distribution companies (Discos) for fuel adjustment. Also, Karachi remains unpaid as far as the promised subsidy of Rs33 billion — during COVID-19 — is concerned. Karachi electricity consumers are being charged a Rs1.52 unit additional surcharge. Solving these issues may decrease electricity costs by 7 to 8 Rupees.
Nepra has been requested to call the stakeholders of Karachi for an urgent hearing.
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Earlier, the National Electric Power Regulatory Authority (Nepra) announced an additional fuel cost adjustment (FCA) of Rs3.33 per unit for electricity consumed in May.
According to the regulator’s order, Nepra assessed a national average uniform increase of Rs3.3287/kWh in the applicable tariff for DISCOs due to variations in fuel charges for May 2024.
