K-Electric seeks power tariff hike under FCA

KARACHI: (HRNW) The K-Electric has sought Rs2.34 hike in the power tariff on account of the monthly Fuel Charges Adjustment (FCA) for June in an application to the National Electric Power Regulatory Authority (NEPRA).

The power utility has asked for an increase in the power tariff for Karachi consumers by Rs2.34/unit. The NEPRA will conduct a hearing on the K-Electric application on July 26.

Approval of the plea will put an additional burden of Rs4.39 billion on the consumers of Karachi.