Download http://bigtheme.net/joomla Free Templates Joomla! 3
Home / Business / K-Electric’s average tariff cut by Rs2.83 for seven years

K-Electric’s average tariff cut by Rs2.83 for seven years

– The Multi Year Tariff (MYT) for Karachi Electric Ltd has finally been approved for a period of 7 years (starting July’16) against the management’s demand of 10 years.

The new tariff has been approved at Rs 12.77/KwH which is slightly above the tariff finalized earlier at Rs 12.07/KwH. It may be pointed that the approved tariff is still lower than the old rate of Rs 15.6/KwH (applicable in FY16) and the review petition rate filed by KEL at Rs 16.1/KwH.

Against management’s demand, the tariff has been finalized on the basis of cost-plus mechanism rather than performance-based.

 

About Admin

Check Also

Weekly inflation increases by 0.46 percent

The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on October 19 …

Leave a Reply

Your email address will not be published. Required fields are marked *