Karachi, May 12, 2026: The National Electric Power Regulatory Authority (NEPRA) concluded a public hearing on K-Electric’s (KE) petition pertaining to End of Term (EoT) adjustments under the approved Multi-Year Tariff (MYT) framework for the control period FY2017– FY2023.
The mechanisms for these adjustments were incorporated and approved by NEPRA in MYT determination for the control period FY17-FY23 and Mid-term review determination, which envisaged specific components to be reviewed at the end of the control period through a prescribed regulatory mechanism.
During the hearing, KE apprised the Authority that the cumulative EoT adjustment claim amounts to PKR 43.6 billion and includes components relating to the impact of exchange rate variations on the allowed Return on Equity (RoE), investment-related adjustments, and working capital actualization based on actual balances versus projected benchmarks approved under the MYT framework.
The utility further informed the Authority that it had also sought approval of pass-through claims relating to taxes paid and claimed strictly in compliance with NEPRA’s MYT determination.
KE maintained during the hearing that all submitted claims are fully aligned with the provisions, methodologies, and mechanisms already approved by NEPRA under the MYT framework for FY2017– FY2023.
