ISLAMABAD : K-Electric has said it will exercise all available remedies permitted under the law and regulatory framework.
The power utility company has apprised Pakistan Stock Exchange that in accordance with Section 96 and Section 131 of the Securities Act, 2015 and Clause 5.6.1(a) of the Rule Book of Pakistan Stock Exchange Limited, KE has informed that National Electric Power Regulatory Authority (NEPRA) has issued its
decision in the matter of Motions of leave for review filed by various parties in the matter of:(i) Multi Year Tariff (MYT) determination of KE for its Generation Power Plants :(ii) MYT determination of KE for its Transmission business, Distribution (network) business and
Supply business for the period FY 2024 to FY 2030;(iii) Transmission and Distribution Investment Plan and Losses Assessment for the period FY 2024
to FY 2030; and (iv) write off claims of KE for MYT 2017-2023.
According to KE with respect to decision in the matter of Write-off claims, NEPRA has maintained its earlier decision. However, with reference to all other decisions mentioned above, NEPRA has drastically
changed its earlier decisions which would not be sustainable for KE and would also have significant consequences for its stakeholders, including its consumers.
The average tariff previously
announced by NEPRA at PKR 39.97/KWh on May 27, 2025 has been reduced to PKR 32.37/kWh.
The Company is currently reviewing the decisions in detail and will exercise available remedies as permitted under the applicable laws and regulatory framework.
The Company has duly caused this form/statement to be signed/on its behalf by the undersigned hereto duly authorized.
