K Electric petitions NEPRA for hike in November bi

KARACHI: K Electric has filed a petition with the National Electric Power Regulatory Authority (NEPRA), seeking 57 paisa increase in per unit rate under fuel adjustment for the month of November 2015.According to NEPRA, the K Electric has in its petition stated that it supplied a total of 1.21 billion units of electricity during the month of November while the fuel cost born by it rose by Rs700 million for the same month.NEPRA will come to a decision over the K Electric’s petition after conducting a hearing on January 19.