Good News for People of Karachi

Nepra has announced to make electricity cheaper for K Electric customers. Electricity for Karachi has been reduced by 4 rupees 87 paise per unit.

A hearing was held under the chairmanship of NEPRA Chairman Tauseef H. Farooqui regarding the adjustment of K Electric's August fuel charges. During the hearing, Chairman Nepra said that electricity will be cheaper by 4 rupees 87 paisa for the consumers of Karachi, which will give them a relief of 8 billion 87 crore rupees.

During the hearing, the case officer Nepra said that K Electric proposed a reduction of 4 rupees 21 paise per unit in the August fuel adjustment.

K Electric's cost of generating its own electricity is Rs 38 per unit and the cost to the buyer is Rs 13.61 per unit. On this occasion, Chairman Nepra asked what K Electric is doing to reduce the production cost of electricity. K Electric is generating electricity at a cost of Rs 24 per unit compared to the National Grid.

Member Nepra KP said that if K Electric had reduced its electricity generation price, the consumer would have got a relief of Rs 6 per unit. Chairman Nepra directed that K Electric should take steps to produce cheap electricity

Chairman Nepra said that we will set up an open court to listen to the problems of the consumers of Karachi. K Electric officials said that there has been a fault in Unit One of the Port Qasim Power Plant, which teams are working to fix.