K-Electric claims switching gas supply could save Rs80bn in subsidies, lowering consumer electricity costs and supporting industry transition.

K-Electric officials claim that switching gas supply from Captive Power Plants to the utility could save the Pakistani government Rs80 billion in subsidies. During a public hearing on a proposed Rs0.51/unit increase for Karachi consumers, K-Electric’s CFO emphasized the company's capacity to support industries transitioning to the grid. The shift could lower consumer electricity costs by Rs10 to 15 per unit, despite ongoing criticism over K-Electric's performance and billing practices.

October 04, 2024
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