NEPRA clears Rs50bn in KE write-off request

June 05, 2025 (MLN): The National Electric Power Regulatory Authority (NEPRA) has allowed partial claims of Rs50 billion from K-Electric’s (KE) total write-off request of Rs76bn.

The claims pertain to the Multi-Year Tariff (MYT) control period spanning FY17 – FY23.

According to K-Electric CEO Moonis Alvi, “With this decision, majority of items pending to the previous control period have come to a close, as per the press release issued today.

KE looks forward to the MYT for the control period spanning FY24 to FY30, committed to meeting its serviced territory’s energy needs.”

The decision was released after public hearings and extensive deliberations that allowed all stakeholders to voice their concerns that were addressed by KE management.

The submissions to NEPRA underwent strict internal scrutiny as well as external verification by well-accredited and renowned audit firms as required by the NEPRA in line with KE MYT 2017-2023.

“These costs were part of the Multi-Year Tariff awarded to the utility for the period 2017–2023,” said Muhammad Aamir Ghaziani, Chief Financial Officer at KE.

“They have been approved after stringent benchmarks, audits, and fulfillment of conditions laid down by NEPRA in its tariff determination.”

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