K-Electric Chief Executive Officer (CEO) Moonis Abdullah Alvi has issued a statement in response to the National Electric Power Regulatory Authority (NEPRA) decision to revise the company’s Multi-Year Tariff (MYT).
In his remarks, Alvi acknowledged that NEPRA had made several significant changes and reductions in the tariff structure. He emphasized that K-Electric remains committed to ensuring uninterrupted power supply to its consumers despite these regulatory adjustments.
According to Alvi, the revised K-Electric Multi-Year Tariff will have far-reaching implications for both the company’s financial sustainability and future investment plans. He added that the company is currently reviewing the details of NEPRA’s decision to understand its full impact on operations and customers.
NEPRA’s revision, which follows months of review and consultation, aims to ensure greater transparency and efficiency in Karachi’s power distribution sector. However, industry experts believe that the reduction in the approved tariff may affect K-Electric’s capacity to invest in system upgrades and infrastructure improvements.
Alvi stated that while K-Electric respects the regulator’s authority, the company will continue to engage with NEPRA to find a balanced approach that safeguards the interests of both the utility and its customers. He reaffirmed that K-Electric’s long-term vision remains focused on enhancing reliability, expanding renewable energy integration, and improving customer service.
Energy analysts suggest that the K-Electric Multi-Year Tariff revision could lead to changes in the company’s investment priorities, particularly in transmission and distribution projects. They added that such revisions are essential to keep energy pricing in line with national policies and economic conditions.
In recent months, Pakistan’s power sector has faced increasing scrutiny over pricing structures and operational inefficiencies. Similar challenges have been observed across other regions, as authorities continue to balance consumer affordability with the need for reliable power infrastructure.
For context, incidents reflecting broader law-and-order concerns have also been reported recently such as bandits firing rockets at a Khairpur village, killing one and prompting a police operation. These highlight the wider security and governance challenges that can indirectly impact essential utilities like K-Electric.
Moonis Alvi concluded by assuring that K-Electric would maintain transparency with all stakeholders and keep working towards a sustainable energy future under the new Multi-Year Tariff framework.
