K-Electric holds 110th Annual General Meeting!
Karachi, November 26th, 2020: K-Electric (KE) held its 110th Annual General Meeting (AGM) for FY 2020. With the on-going COVID-19 pandemic, the AGM was hosted virtually. The meeting was chaired by Shan Ashary, Chairman of the KE Board, with Moonis Alvi, Chief Executive Officer, KE also in attendance, along with Aamir Ghaziani, Chief Financial Officer, […]
PRE-QUALIFICATION OF ELECTRICAL CONSULTANTS FOR ELECTRICAL SYSTEM DESIGN OF MULTI-STOREY BUILDINGS AND HOUSING SCHEME PROJECTS
K-Electric invites applications from electrical consultants experienced in designing internal electrical networks of multi-storey buildings and housing schemes to be part of KE’s approved panel of consultants who will be authorised to design internal HT/LT schemes for electrification of multi-storey buildings and housing schemes. All new electricity connection applications for multi-storey buildings and housing schemes […]
K-Electric delegation meets with SITE Superhighway Association to address ongoing and upcoming needs
Karachi, November 05, 2020: A K-Electric delegation headed by CEO Moonis Alvi along with members of the leadership team met with the S.I.T.E. Superhighway Association of Trade and Industries Karachi on Thursday as part of the power utility’s drive to further strengthen industry facilitation through closer coordination. During the meeting, current and upcoming challenges faced […]
No impact of Karachi power tariff increase on non-ToU residential bills up to 300 units
Karachi, October 19, 2020: Per the SRO#1037 on Monday, October 12, 2020 issued by the Ministry of Energy (Power Division), Karachi’s power tariff has been brought at par with the rest of the country and Karachi’s power consumers will now pay the same rate for electricity as consumers of other DISCOs, as per the Government […]
Heatwave predicted in Karachi, K-Electric urges energy conservation
Karachi, 12th October 2020: The Pakistan Meteorological Department on Sunday issued a heatwave alert in Karachi for the next six to eight days. With temperatures expected to go as high as 42 degrees centigrade, K-Electric (KE) urges is valuable customers to take all necessary precautions and avoid unnecessary excursions or strenuous activities between 11am and […]
K-Electric Board approves PKR 9.5 billion for rain risk mitigation plan
Karachi, Oct 06, 2020: Following the rains, the K-Electric Board of Directors (BoD) constituted a special committee to review the power utility’s performance during the rains and to identify gaps, if any, and to go over the proposed risk mitigation plan. The committee conducted a thorough investigation with support from the management and subsequently approved […]
Shan Ashary appointed K-Electric Chairman
K-Electric is pleased to announce the appointment of Mr. Shan A. Ashary as it’s new Chairman of the Board effective 7 September 2020. Mr. Ashary, who has been on the Board of Directors of the Company since 2005 and represents the KES Power stake in KE, is the longest-serving member of the board. As the […]
K-Electric Inaugurates Water Filtration Plant in Surjani
Karachi, 20th August, 2020: As part of continued efforts to engage with the communities it service and provide upliftment, K-Electric (KE) on Thursday inaugurated a new water filtration plant in Surjani Town area. The plant, capable of producing 1,000 gallons per hour, will provide clean drinking water to the surrounding community. With a planned running […]
K-Electric Successfully Closes PKR 25 Billion Sukuk, the largest ever Sukuk issue in Pakistan’s private sector!
Karachi, August 10th, 2020: K-Electric (KE) is pleased to announce the successful closure of its PKR 25 billion Sukuk which is the largest Sukuk issue in the private sector of Pakistan. With oversubscription of IPO portion of Sukuk by almost 2.5 times, the power utility was able to close the Sukuk subscription on 3rd August […]
KE Highlights 451 Hazardous Locations; Urges City Administration to Resolve Water-logging Issues
Karachi, August 4th, 2020: K-Electric (KE) recently wrote to the City Commissioner, Mr. Iftikhar Shallwani, highlighting monsoon-caused challenges including water-logging and fallen trees that compromised utility service provision. The power utility emphasised that these issues resulted in extended outages in some areas due to electricity infrastructure being damaged or inaccessible and requested for administrative support […]