AIRLINK 65.90 Decreased By ▼ -0.90 (-1.35%)
BOP 5.69 Increased By ▲ 0.02 (0.35%)
CNERGY 4.65 Increased By ▲ 0.02 (0.43%)
DFML 22.85 Increased By ▲ 0.53 (2.37%)
DGKC 70.70 Increased By ▲ 0.94 (1.35%)
FCCL 20.35 Increased By ▲ 0.73 (3.72%)
FFBL 29.11 Decreased By ▼ -1.09 (-3.61%)
FFL 9.93 Increased By ▲ 0.03 (0.3%)
GGL 10.08 Increased By ▲ 0.03 (0.3%)
HBL 115.25 Decreased By ▼ -0.45 (-0.39%)
HUBC 129.50 Decreased By ▼ -1.01 (-0.77%)
HUMNL 6.70 Decreased By ▼ -0.04 (-0.59%)
KEL 4.38 Increased By ▲ 0.03 (0.69%)
KOSM 5.02 Increased By ▲ 0.22 (4.58%)
MLCF 36.96 Decreased By ▼ -0.23 (-0.62%)
OGDC 131.20 Decreased By ▼ -2.35 (-1.76%)
PAEL 22.48 Decreased By ▼ -0.12 (-0.53%)
PIAA 26.30 Decreased By ▼ -0.40 (-1.5%)
PIBTL 6.53 Increased By ▲ 0.28 (4.48%)
PPL 112.12 Decreased By ▼ -1.83 (-1.61%)
PRL 28.39 Increased By ▲ 1.24 (4.57%)
PTC 16.11 Decreased By ▼ -0.02 (-0.12%)
SEARL 58.29 Decreased By ▼ -1.41 (-2.36%)
SNGP 65.69 Decreased By ▼ -0.81 (-1.22%)
SSGC 11.02 Decreased By ▼ -0.19 (-1.69%)
TELE 8.94 No Change ▼ 0.00 (0%)
TPLP 11.53 Increased By ▲ 0.19 (1.68%)
TRG 69.24 Decreased By ▼ -0.12 (-0.17%)
UNITY 23.95 Increased By ▲ 0.50 (2.13%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
BR100 7,304 Decreased By -13.1 (-0.18%)
BR30 23,950 Decreased By -155.6 (-0.65%)
KSE100 70,333 Decreased By -150.3 (-0.21%)
KSE30 23,121 Decreased By -82 (-0.35%)

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday reserved determination on K-Electric’s petitions for grant of non-exclusive distribution and supplier licences for the next 20 years with several suggestions including conditional approval for a few years.

The Authority comprising of Chairman Nepra Waseem Mukhtar, Member (Technical) Sindh Rafique Ahmad Shaikh, Member (Tariff and Finance) Mathar Niaz Rana, Member KPK Maqsood Anwar Khan and Member (Law) Amina Ahmed officiated a hearing amid complete calm.

Nepra’s case officer stated that different issues have been framed on the basis of written comments from consumers and on the basis of existing factors.

Nepra approves Rs1.52 per unit surcharge on KE consumers

The issue of load shedding, reliability of figures shared with the Authority, performance of KE’s own obsolete generation plants were highlighted during the hearing.

KE’s proposed distribution and supplier licences will be for its service territory including Karachi, Dhabeji, Gharo in Sindh and Balochistan’s Hub, Bela and Vinder regions.

The hearing was attended by various stakeholders including those representing Karachi’s industries and the general public. KE’s senior leadership including Chief Financial Officer Aamir Ghaziani, Chief Distribution Officer Fawad Gilani, and Chief Marketing and Communications Officer Sadia Dada, represented the company and addressed questions framed by the regulator.

Speaking about the expectations and results of privatization, KE shared that a capital expenditure of around Rs 544 billion ($ 4.4 billion) has been made towards improving the Karachi power supply.

This has resulted in an addition of 1,957-MW of generation capacity and 12 percentage point improvement in fleet efficiency - from 30% in 2005 to 42% in 2023. Since the most efficient 900-MW RLNG plant was commissioned in the last quarter of FY 2023, the fleet efficiency would increase to 49% when the said power plant will operate for the entire year.

KE leadership shared that since privatisation, transmission and distribution system capacity has doubled, while line losses have been reduced by half.

Most of the conversation revolved around the tariff and seeking tariff benefits for industries based in Karachi. Some participants expressed satisfaction with the network and associated services while others suggested improved strategies.

In response to questions about improving reliability of services, the company highlighted that it has invested in IT and tech-based interventions to modernise the infrastructure and improve service delivery.

These include pioneering initiatives such as the use of Geographical Information System (GIS) and deployment of 60,000 smart meters enabling greater visibility over power consumption trends.

“We remain committed to providing customers with the best quality of services. Our Rs 484 billion upcoming investment plan, and proposed addition of over 1,200-MW renewable energy are indicative of this,” said Aamir Ghaziani.

He cited different reasons including higher borrowing cost, less sent out, fuel cost and less recovery due to higher inflation for Rs 40 billion financial losses of power utility company during 2022-23.

Some of the consumers’ representatives including Usman Ali supported both petitions of KE, including load shedding; however, they also suggested KE should not turn off electricity to private hospitals despite the fact they are in high loss areas. They proposed that load shedding should be on PMT instead of shutting down entire feeders.

Another consumer Abubakar Ismail expressed confidence in KE’s net work, saying that he is consumer of KE for the last 30 years and satisfied with its performance.

Copyright Business Recorder, 2023


Comments are closed.

Firdous Sadiq Nov 29, 2023 11:35am
But different taxes are too much . Consumers can not bear . Either we pay a k electric bill or we pay for eatable items . And children school fees .
thumb_up Recommended (0)
Ovais Nov 29, 2023 12:51pm
They give Karachi consumer very expensive rate and see another company like Islamabad see the rate of unit.
thumb_up Recommended (0)
Umair Nov 29, 2023 01:31pm
There should be other power suppliers companies in karachi market for better rate and healthy competition for over all market growth in terms of power supply and better rates to consumers where as monopoly is one man show in terms of tariff and power supply.
thumb_up Recommended (0)
Tanzeel ur Rehman Nov 29, 2023 06:49pm
aoa in our area KE. give us electricity only 9 hr to 10. but I am pay my bills on time..........but KE. give me gift of 14 hr load shedding in winter and summer.
thumb_up Recommended (0)
Masroor Nov 30, 2023 10:01am
KE like a nightmare for Karachi must be elements, give the open bid, except KE not allow to bid again, KE like a robbers. Electric Demand 40k mw Generates 23kmw and Charge 123K, super criminal, don't move to Karachi peoples to no return point.
thumb_up Recommended (0)
Muhammad faheem Nov 30, 2023 05:30pm
Allah ka khoaf karo, Kon log hen Jo k-eletric ki tareefen kar rahay hen, survey kia jaye to sab maloom ho jaye ga in ki service kesi hai, yea har tarhan se aawam ka khoon nichor rahay hen over billing loadshedding aur koi sunwaye bhi nhi, behis edara hai yea, badmash, lotera, Khuda ka wasta Karachi walo ki Jan churao is edare se
thumb_up Recommended (0)
Rizwan Khan Dec 01, 2023 08:15am
Price working of units be made public, the pricing shown be NEPRA are ambiguous, and are not truly representative, also number of units produced and billed are debate able, there seems much catch in monthly, quarterly, and for unknown period fuel adjustment charges and unit pricing. Consumers of KE are been ripped off in all the possible way, and Sindh and federal government is fully aware and part of it.
thumb_up Recommended (0)
NaveedMirza Dec 01, 2023 09:06am
Sir kindly don't give the extension to renewal of K-Electric license. We can't bear the K-Electric company in karachi they are give us electricity on very high rate that's why we can't afford it. Give the chance to other companies and make the competition between companies it's will more better for consumers. Thanks Regard Consumers
thumb_up Recommended (0)
NaveedMirza Dec 01, 2023 09:07am
@Masroor, u r right
thumb_up Recommended (0)