Consumers in Karachi may face another financial burden as K-Electric, the country’s largest power utility, has filed a request for end-of-term adjustments amounting to more than Rs58.95 billion.
The National Electric Power Regulatory Authority (NEPRA) is scheduled to hold a hearing on the petition on April 22.
In its application, K-Electric has outlined adjustment claims under multiple financial heads. The company has sought over Rs11 billion under exchange rate impact and return on equity.
Additionally, it has requested approval for adjustments exceeding Rs33 billion on account of working capital costs. Under various tax-related components, the utility has sought permission to recover an additional Rs15.33 billion.
The petition also includes a negative adjustment of Rs1.31 billion due to underinvestment. Furthermore, the company has incorporated additional tax liabilities of Rs7.49 billion for 2023 and Rs3 billion for 2022.
K-Electric has also requested to pass on Rs260 million to consumers under previous power purchase price adjustments.
During the hearing, NEPRA will examine the requested adjustments in accordance with applicable laws, including scrutiny of investment levels, IDC (Interest During Construction) impacts, and other financial claims.
The outcome of the hearing will clarify the potential impact of additional billing on consumers and shed light on K-Electric’s overall financial structure.
NEPRA approves increase in electricity prices
Earlier, the National Electric Power Regulatory Authority (NEPRA) approved a rise of 35 paisa per unit in electricity rates as part of a quarterly tariff adjustment.
This decision will be applicable nationwide, including in the city of Karachi.
According to the regulator, this adjustment applies to electricity expenses incurred during the period from October to December 2025.
The updated tariff will be enforced for a duration of three months, specifically from March to May 2026.
According to the decision, the new tariff will apply to most electricity consumers across Pakistan and will appear in bills during the implementation period.
However, certain categories will remain exempt from the increase. Lifeline electricity consumers and electric vehicle charging stations will not face the additional charges.
Also read: Electricity bills to climb to Rs1.64 per unit in April
