Today, the National Electric Power Regulatory Authority (NEPRA) conducted a public hearing on the petition filed by K-Electric (KE) concerning provisional monthly fuel charge adjustments (FCA) for the period spanning from July 2023 to March 2024.
The proposed FCA is anticipated to have an impact ranging from Rs. 1.6 to 2 per month.
KE has submitted FCA proposals based on three scenarios and has asked NEPRA to approve any of them. NEPRA will issue guidelines on the per-unit cost and recovery period of the relevant FCAs, followed by a notification specifying the adopted method and its impact on customer bills.
During the interactive hearing, conducted both in-person and online, customers raised queries regarding various aspects of the provisional FCA. In response to a question about integrating more cost-effective generation sources, the CEO of K-Electric mentioned plans to introduce 640 MW of affordable power from wind and solar sources. He added that KE is expediting these projects with the aim of commissioning them within the next two years. Additionally, the company is exploring the inclusion of inexpensive indigenous fuel sources to further reduce the overall generation cost.
