Overview
- The multi-year base rate falls from Rs39.97 to Rs32 per unit following a closed-door review of the Power Division’s petition.
- New benchmarks include a 0.75% annual transmission loss target with a 1% cap and a 9% distribution loss target comprising 8% technical losses plus 1% for law-and-order issues, declining to 8.03% by FY2029-30.
- NEPRA dismissed review motions against its earlier approval of roughly Rs50 billion in write-offs for K-Electric and kept the take‑or‑pay position unchanged.
- The regulator cautioned that weak bill recovery could create under‑recoveries near Rs97 billion over two years and jeopardize the allowed Rs21.6 billion return without support measures.
- K-Electric said it is reviewing the decision and weighing legal options, while the 75:25 sharing of over‑performance and N‑CPI-based indexation remain in effect.