Karachi, September 18, 2024: K-Electric’s crackdown against power theft was carried out in Manghopir recently where several marble factories were continuing their business activities through illegal electricity connections.
The teams on-ground discovered and disconnected around 1000 kgs of 35 illegal connections which were involved in theft of more than 20 lakh units of electricity per month.
Electricity theft is a growing challenge in the city and illegal connections being discovered from factories is an alarming situation. Theft of electricity and non-payment of bills are two major contributing factors towards loadshedding, and line losses cannot be reduced without mitigating these elements from society. While KE is carrying out the anti-theft crackdowns actively, the elimination of such practices should be the top priority of the Government.
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 square kilometers 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.