ISLAMABAD, November 19 2024: The ECC deliberated on a proposal from the Ministry of Energy (Power Division) regarding a winter demand initiative aimed at optimizing system generation capacity while reducing gas demand. This initiative is designed to shift favorable demand towards electricity for industrial, domestic (ToU and non-ToU consumers exceeding 200 units), commercial, and general…
KARACHI, October 30, 2024: Accelerating the digitization of payments, the State Bank of Pakistan and K-Electric, the country’s sole private power utility, have made a significant advancement by signing agreements to initiate a Proof of Concept under Raast’s Payment Initiation Service Provider (PISP) model. This collaboration will assess the feasibility of incorporating K-Electric’s consumer and…
Islamabad, October 22, 2024: The National Electric Power Regulatory Authority (NEPRA) has approved K-Electric’s (KE) generation tariff for the period post-June 30, 2023. This decision includes a dissenting opinion from the Member (Finance and Tariff). The approved tariff control period will last for seven years or the remaining useful life of KE’s plants, whichever is…
KARACHI: K-Electric Limited (KEL) announced on Tuesday that the National Electric Power Regulatory Authority (NEPRA) has approved the generation tariff for all its power plants for the period after June 2023. K-Electric submitted its application to NEPRA on December 1, 2022, requesting the approval of the generation tariff for its power plants, under Rule 3(1)…
Karachi, August 01, 2024: K-Electric’s Power Generation Cost 200% Higher Than National Grid Average: Document. A recent document reveals that K-Electric has been generating electricity at a cost 200% higher than the national average. In June, K-Electric’s generation cost exceeded Rs 58 per unit, compared to the national average of Rs 26.80 per unit. The…