
April FCA: KE seeks Rs4.69/unit negative adjustment
However, pursuant to determination of Generation Tariff of Power plants of KE for the period post June 2023, KE has submitted the required partial load, open cycle and degradation curves along with Startup Cost for approval and an amount of Rs.16 billion for the period July 2023 to April 2025 is accordingly pending for adjustment.
In addition, BQPS-III and KCCP heat rate adjustment for previous MYT amounting to Rs. 0.6 billion and Rs. 0.2 billion are also pending out of which Authority has set aside Rs.15.2 billion in KE's FCA decisions for November 2024 to March 2025.
March FCA: KE seeks Rs5.02 interim negative adjustment
KE has requested the Authority to also consider the remaining adjustment of accumulated actualization of fuel cost so that the recovery can be made from the negative fuel cost variation of March 2025 and April 2025 to ensure consumers are not burdened at a later stage.
In this regard, Nepra is scheduled to conduct a public hearing on June 19, 2025 to consider the proposed adjustment. For deliberation during the hearing, following issues have been framed which are as (i) whether the requested FCA is justified; (ii) whether KE has followed the merit order while giving dispatch to its power plants as well as power purchases from external sources; and (iii) whether the request of KE to consider adjustment of accumulated actualization of fuel cost on account of partial load, open cycle and degradation curves along with startup cost from July to Dec. 2024, from the negative fuel cost variation is justified. All the interested/affected parties are invited to submit written/oral comments or objections as permissible under the law at the hearing.
Copyright Business Recorder, 2025

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
an hour ago
- Business Recorder
Nestle Pakistan reappoints Joselito Jr. Avancena as CEO
Nestle Pakistan Limited announced on Wednesday the reappointment of Joselito Jr. Avancena as the Chief Executive Officer. This was shared by the company in a notice to the Pakistan Stock Exchange (PSX) today. Nestle Pakistan also announced the appointment of Syed Yawar Ali as Chairman of the Board. In February, Nestlé Pakistan reported its full-year results for 2024, with sales at Rs 193.2 billion, reflecting a decline of 3.7% compared to the previous year. Incorporated in Pakistan - under the repealed Companies Ordinance 1984 (now Companies Act 2017), Nestle Pakistan Limited is a subsidiary of Nestlé S.A., a Swiss-based public limited company. The company is principally engaged in manufacturing, processing and sale of dairy, nutrition, beverages and food products, including imported products.


Business Recorder
3 hours ago
- Business Recorder
Punjab to establish Citrus Parks in Sargodha, Toba Tek Singh
LAHORE: Punjab Minister for Agriculture and Livestock Syed Ashiq Hussain Kirmani on Tuesday announced establishing of two 'Citrus Park' in Sargodha and Toba Tek Singh under the ambitious Rs 1.2 billion three-year citrus revival project. The project is aimed at enhancing citrus exports and improving the value chain to meet international standards. Under this establishment of certified nurseries, new orchards will be encouraged to increase production and exports, and ultimately strengthen the national economy. He also announced linking citrus orchards with the Kisan Card programme to help orchard farmers get loans for their farming needs and employing 100 interns and 100 young professionals annually during the three year project duration. He was speaking at the third meeting of the Chief Minister Punjab Citrus Development Task Force which was held at Agriculture House, Lahore. Various proposals regarding citrus development were reviewed during the meeting. Vice Convener Citrus Development Task Force Punjab, Mohsin Shahnawaz Ranjha, and Secretary Agriculture Punjab, Iftikhar Ali Sahoo, also attended. Kirmani stated that under the vision of Chief Minister Punjab Maryam Nawaz Sharif, steps are being taken for the revival and promotion of citrus fruits in the province. Citrus, particularly kinnow, is recognized as a signature fruit of Punjab. However, due to climate change, citrus orchards are deteriorating, and plants are increasingly affected by diseases and viral infections, resulting in reduced fruit size and shorter shelf life. He stressed the need to bring private fruit nurseries under a legal framework through registration and licensing, and to connect them with diagnostic laboratories. The Minister welcomed the Bank of Punjab's initiative to introduce a loan scheme of Rs. 30 million per individual for setting up citrus nurseries, calling it a positive step for agribusiness. Copyright Business Recorder, 2025


Business Recorder
3 hours ago
- Business Recorder
Discos: JI chief condemns overbilling practices
LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem-ur-Rehman, has strongly condemned the overbilling practices of power distribution companies, following the revelations in a recent audit report by the Auditor General of Pakistan. The report highlights over Rs 244 billion worth of unjustified billing imposed on the public under the guise of covering line losses and mismanagement. Commenting on the findings, Rehman said 'It is utterly shameful that the burden of Rs 244 billion is being placed on the public to cover up for inefficiencies and line losses. This is not just negligence; it is economic exploitation. The government must immediately return this amount to the people.' In a statement shared on social media platform X, the JI chief declared over billing as 'a grave form of corruption and administrative failure,' stressing that the citizens are being punished for the incompetence and mis governance of ruling authorities and related institutions. The Auditor General's report identified IESCO, LESCO, MEPCO, SEPCO, HESCO, PESCO, QESCO, and TESCO as the key culprits involved in the over billing. While the companies have reportedly claimed to have returned the amount, the audit report clarified that they failed to provide any verifiable evidence supporting their claims. Rehman reiterated his demand for full transparency and accountability, urging the government to take immediate corrective action and deliver justice to the overburdened consumers. Copyright Business Recorder, 2025