Sat, May 04, 2024
Committed to providing clean, affordable, and sustainable power for people of Pakistan including K-Electric’s growing base of over 3.4 million customers, CEO K-Electric, Mr. Syed Moonis Abdullah Alvi and Mr. Wang Minsheng, CEO China Three Gorges South Asia Investment Limited (CTGSAIL) signed a Memorandum of Understanding (MoU) to collaborate on exploring renewable energy including hydro […]
K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022. This request has been made under the FCA mechanism governed by NEPRA. The FCA is reviewed every month as per the tariff regime applicable across the country and […]
The Institute of Chartered Accountants of Pakistan (ICAP) in collaboration with Unilever Pakistan organized the Grand Finale of the annual mega finance competition, National Finance Olympiad 2022 to bring to the limelight, the finance talent of the country at a local hotel in Karachi. The National Finance Olympiad 2022 started with registrations of 40 teams […]
K-Electric (KE) announced the winners for the first 7/11+ Innovation Challenge in partnership with INNOVentures Global at a day-long event held at Habib University in Karachi. KE’s 7/11+ Innovation Challenge is the first of its kind event in Pakistan’s utility market, designed for entrepreneurs, startups, researchers, and university students to promote and accelerate strategic innovation. […]
Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, and K-Electric have come together to ease customer’s payment burden in times of economic crunch. As part of the collaboration, Faysal Islami Noor Card holders will now be able to pay their electricity bills through easy installment plan options of up to […]
The Board of Directors of K-Electric approved the financial results for the company on 20 September. 2022 for the year ended on 30 June 2022. Driven by prudent policies, the Company’s key areas of operations showed strength. T&D losses further reduced from 17.5% to 15.3% in FY 2022. This improved performance was partly set-off due […]
Mr. Moonis Alvi, CEO, K-Electric visited KE’s customer care center in Lyari to review the utility’s on-going operations to resolve customers’ queries. During his visit, he also interacted with customers to ensure their concerns are being timely addressed. He appreciated the team at the center for guiding customers despite high volume of queries following the […]
A delegation of K-Electric’s majority shareholders representing Saudi Arabia’s Aljomaih Holding Company, Kuwait’s National Industries Group (NIG) and Infrastructure Growth and Capital Fund (IGCF) called upon the Honorable Prime Minister of Pakistan Mian Shehbaz Sharif on Thursday. Delegation was led by Sheikh Abdulaziz Aljomaih – Managing Director of Aljomaih Holding Company, one of the strongest […]
As Karachi received light to moderate rain on Wednesday evening, K-Electric ensured sustained power supply to the city. The utility’s team continued to remain vigilant and active throughout sporadic weather conditions and ensured the stability of its power supply network. Areas with high incidence of theft and kunda usage were preemptively shut down temporarily in […]
K-Electric requested the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff by Rs. 4.86 per unit on account of fuel charges adjustment (FCA) for the month of April. The major impact on the monthly Fuel cost adjustment of April 2022 is due to an increase in the fuel price increase of Furnace […]