K-Electric seeks over Rs3 per unit hike in power tariff

A few days after the government announced an increase in the power tariff by Rs1.39 per unit, K-Electric, the sole electricity supplier in Karachi, has submitted an application to the National Electric Power Regulatory Authority (NEPRA), seeking a Rs3.45 per unit hike in the rate of electricity. According to NEPRA, K-Electric has requested an increase in power tariff on account of the monthly fuel cost adjustment (FCA) for September. Power consumers will have to bear an additional burden of Rs6.64 billion if the K-Electric plea gets a nod from the…

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