Karachi, 12 August 2022:Reports of a few protests emerged on Friday against K-Electric, whereby it was also reported that some miscreants used it as an opportunity to instigate violence and harmed the staff and properties of the company.
Commenting on the matter, the Spokesperson at K-Electric said, “Pakistan has been going through a difficult situation in terms of the power supply, which also continues to affect K-Electric. While we respect the citizens’ right to protest, we would like to remind them that some harmful elements are using these protests as an opportunity to incite violence. Our employees and properties were harmed in one of the recent protests, which we strongly condemn. This negative atmosphere is also impairing KE’s ability to conduct its operations in the city and is, in fact, counter-productive. K-Electric has been utilizing all available resources to maximize the power supply to the city. It is also important to note that K-Electric is not conducting any unannounced loadshedding and is following the loadshed schedule announced publicly and available on KE’s website as of 30 June.”
Warning those who resort to instigating violence against the utility’s staff and its properties, the spokesperson further said, “Any element that would abuse our properties/staff will be dealt with the iron hands as K-Electric reserves the right to pursue legal action against them.”
The spokesperson of the utility also requested the law enforcement agencies to ensure the protection of its properties and staff members.
About K-Electric
K-Electric (KE) is a public listed company incorporated in Pakistan in 1913 as KESC. Privatized in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.