This is a positive news for electricity consumers in view of rising inflation in Karachi. K Electric has taken steps to generate 350 MW of affordable electricity for the residents of Karachi. Additionally, applications have been submitted for a 200 MW neutral hybrid power project on the Dhabiji grid, the National Electric Power Regulatory Authority (Nepra) will consider these applications on November 14.
Additionally, Nepra has allowed K-Electric to recover Rs 3 per unit subsidy provided by the federal government to industrial consumers in Karachi from July to December 2019. The subsidy was part of an industrial relief package designed to help consumers. Off-peak hours
Nepra recently concluded a public hearing regarding K-Electric's Power Acquisition Program (PAP) for the period FY 2024 to FY 2030. The main objective of this program is to develop a long-term plan to increase the capacity of KE Electric and ensure reliable and sustainable energy supply. Promoting the use of renewable and local resources
The move is in line with KE's PKR 484 billion investment plan, aimed at strengthening the company's transmission and distribution infrastructure. This positive development promises to benefit electricity consumers in Karachi and contribute to a more resilient and sustainable energy future for the city.
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