K-Electric, the primary electricity provider for Karachi, has requested a tariff increase as part of its Fuel Charge Adjustments (FCA) mechanism. The utility company submitted its proposal to the National Electric Power Regulatory Authority (NEPRA) on October 3, 2024, citing rising fuel costs as the reason behind the request. The proposed hike would cover the period of the previous month and reflects the increasing cost of energy production due to fluctuations in international oil and gas prices.
The FCA allows power companies to adjust tariffs based on changes in fuel costs, ensuring that utility providers can continue to meet demand without incurring unsustainable losses. However, the proposed increase has faced criticism from consumer advocacy groups, who argue that it will further burden Karachi residents already grappling with high electricity bills and frequent load-shedding. NEPRA is expected to review the request and make a decision in the coming weeks.
This development comes as Pakistan continues to face challenges in its energy sector, with efforts ongoing to balance affordability and sustainability in power generation.
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