Karachi, August 09, 2023 (PPI-OT): After due process, NEPRA issued its decision on K-Electric’s petition for positive Fuel Charge Adjustments (FCA) for the month of June 2023 at a rate of 2.3112 per unit and will reflect in customer bills only for the month of August 2023. FCAs are approved by the regulator, NEPRA, after review who also specifies the month during which the charge is applied in customers’ bills.

FCA is dependent on the global prices of fuel and are passed on to customer’s bills under the prescribed rules and regulations of NEPRA and the Government of Pakistan.

Positive FCA for June 2023 is due to the utilization of fuel sources based on economic merit order and an increase in the fuel price of Furnace Oil, partially offset by a decrease in the price of RLNG. The price of Furnace Oil increased by 6% compared to the reference month of March. Likewise, the price of RLNG purchased from PLL decreased by 6%, the price of RLNG from SSGC decreased by 2%, while the price of power purchased from CPPA-G decreased by 1%.

For more information, contact:

Media and PR Department,

K-Electric

KE House, 39-B, Sunset Boulevard, Phase-II,

Defence Housing Authority, Karachi, Pakistan

Tel: +92-21-32637133, +92-21-38709132

Cell: +92-300-2281183, +92-346-8223641

Website: https://www.ke.com.pk