NEPRA TO CONDUCT A PUBLIC HEARING ON KE’S PETITION FOR OCTOBER’S FCA AND QA FOR JULY-SEPTEMBER
NEPRA announced to conduct a public hearing on 30 November over the petition submitted by K-Electric on account of Fuel Charges Adjustments (FCA) for October 2022 and Quarterly Adjustments for July to September 2022. For the month of October, K-Electric has filed a petition for the negative FCA at a rate of PKR 1.883/kWh and…
KE’s BQPS-III unit in outage; no additional load shed expected
The first unit of K-Electric’s Bin Qasim Power Station 3 (BQPS-III) is currently offline following a fault identified during a test being conducted as part of plant’s commissioning. Per a statement by K-Electric, “The development arose during testing being performed by Siemens AG as part of the final stages of commissioning. Representatives from the Siemens…
KE Files Rs. 4.86/ kWh FCA for April
K-Electric requested the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff by Rs. 4.86 per unit on account of fuel charges adjustment (FCA) for the month of April. The major impact on the monthly Fuel cost adjustment of April 2022 is due to an increase in the fuel price increase of Furnace…
KE Awards 500/220 KV KKI Grid Station Contract For 4th Interconnection with National Grid
In another milestone towards securing Karachi’s energy future, KE has awarded the EPC contract for the construction of 500/220 kV KANUPP – K-Electric Interconnection (KKI) Grid to Siemens (Pakistan) Engineering Company Limited. The signing ceremony between Siemens and K-Electric was held at KE’s Head Office. KKI Grid will be the addition of fourth interconnection in…
No Unannounced Load Shed in City: KE
KE today strongly denied any news of unannounced load shed taking place across the city, as the country grapples with an unprecedented heat wave. Just recently, the Pak Met Department declared April 2022 to be the hottest month on record in 61 years. Commenting on the impact to the power sector, Director Communications and Spokesperson…
Rise in Temperature is Causing Surge in Power Demand: KE Spokesperson
Director Communications and Spokesperson K-Electric Imran Rana clarified that the current heatwave conditions across the country were driving a surge in electricity demand. He stated “While K-Electric is undertaking all possible measures to manage the current situation, the company may have to undertake load management in some areas to bridge the gap between demand and…
KE’s profitability severly impacted due to Mid Term Review decision and severe devaluation of Pakistani Rupee
Driven by continued and targeted investments of PKR36.99 Billion across the power value chain, key operational indicators showed positive growth over comparative period. However, despite showing consistent improvement in reduction of transmission and distribution losses of 1.5%, and driving an increase in the units sent out by 2.8%, KE’s net profitability declined by 84% to…
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