K-Electric Reviewing Viability After Major Tariff Cut, Says CEO Moonis Alvi
K-Electric CEO Syed Moonis Abdullah Alvi has raised concerns over NEPRA’s major revisions to the Multi-Year Tariff for FY2024–30, warning that the large-scale reductions threaten the utility’s operational viability. The company is reviewing the implications and considering all legal and regulatory options to ensure service continuity and financial stability.