KEL’s investment plan, comprehensive decision by NEPRA

In a notification sent to PSX on 25/04/2024, K-Electric Limited announced that it is accessing NEPRA’s comprehensive decision on its investment plan.

This is to inform that National Electric Power Regulatory Authority (NEPRA), under the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 (NEPRA Act) and NEPRA Guidelines for Determination of Consumer End Tariff (Methodology and Process), 2015, has
accorded its approval for Investment Plan and Loss Assessment for the Transmission and Distribution business segments of KE for the seven-year control period from FY2023-24 toa FY 2029-30.

We are presently engaged in a comprehensive evaluation of the decision to ascertain its alignment with our strategic considerations and requirements, and if required, we would engage with NEPRA in accordance with the statutory provisions.

Furthermore, we remain actively engaged with NEPRA in pursuit of approval for tariffs across all segments of our business, including Generation, Transmission, Distribution, and Supply. This approval is crucial for the timely execution of the approved investments.

For those interested in further details, the comprehensive decision can be accessed on NEPRA’s website.

The shares of KEL were last trading at Rs. 4.67 today.