ISLAMABAD: K-Electric continued to receive good news as the national power regulator — Nepra — allowed it a Rs50 billion write-off of unrecovered past bills, with a subsequent additional impact on paying consumers and taxpayers in the form of budgetary and tariff adjustments.

In addition, the regulator also allowed it to retain Rs2.74bn fuel cost overcharged to consumers in March and share partial benefit with consumers with a refund Rs4.05bn, out of a total monthly fuel cost saving of Rs6.79bn.

The KE consumers would thus get Rs2.99 per unit negative fuel cost adjustments (FCA) in the current month bills while the private power utility would mop up Rs2.03 per unit for its past claims against partial loan, open cycle operations and........

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