Nepra Admits K-Electric's Petition for Base Tariff Increase of Rs3.84 per Unit Over Seven Years.

The National Electric Power Regulatory Authority (Nepra) has accepted K-Electric's petition for a base electricity tariff increase of up to Rs3.84 per unit from July 1, 2023, to June 30, 2030. This increase is tied to an approved investment plan worth Rs392 billion and aims to cover expenses such as operation and maintenance, debt servicing, and return on equity. Nepra's decision considers K-Electric's Multi-Year Tariff (MYT) petition for distribution tariffs, which includes investments in transmission and distribution networks, cyber security, and information technology. This decision will impact the national average base tariff and subsidies, reflecting Nepra's focus on infrastructure development while considering the impact on consumers and government subsidies. [Extracted from the article]