KARACHI: K-Electric (KE) has sought an increases of Rs 5.45 per unit for the consumers of the Karachi city.
KE has submitted applications to the National Electric Power Regulatory Authority (NEPRA) to raise the price of electricity.
K-Electric has filed applications to increase the price of electricity by Rs 5. 45 per unit. The application was filed for the monthly fuel adjustment of May and June.
K-Electric has requested an increase of Rs 2.53 per unit for May monthly fuel adjustment and Rs 2.92 per unit for June monthly fuel adjustment.
NEPRA's unanimous approval will burden consumers with more than 10 billion rupees. NEPRA will hear K Electric's application on July 30.
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Earlier, Chief Executive Officer of Abu Dhabi Ports Pakistan Khurram Aziz Khan on Friday called on Prime Minister Shehbaz Sharif and informed that the company would invest $250 million in Karachi Port during the next 10 years.
The company CEO, who was accompanied by a delegation, also told that a fully equipped multipurpose terminal, being constructed through a $130 million investment, would be completed within two years.
