K-Electric holds 108th Annual General Meeting – FY 2018
KARACHI – November 04, 2019: K-Electric (KE) held its 108th Annual General Meeting (AGM) – FY 2018, at a local hotel in Karachi. The meeting was chaired by Ikram Sehgal, Chairman KE Board, with Moonis Alvi, CEO K-Electric also in attendance, along with Aamir Ghaziani, CFO; Rizwan Dalia, Company Secretary & CPO and other members […]
2500 Customers Served at KE’s Customer Facilitation Camp in Landhi
Karachi: 31st October 2019 – K-Electric (KE) recently organised a Customer Facilitation Camp in Babar Market area of Landhi, where residents could conveniently apply for New Connections, redress their complaints and avail payment solutions. In addition to this, an awareness session was also held where the safety hazards of power-theft through illegal kundas were highlighted […]
K-Electric FC Clinches All Pakistan Kashmir Solidarity Football Tournament
Layyah 25th October, 2019 – K-Electric Football Club (KEFC) has won the All Pakistan Kashmir Solidarity Football Tournament after defeating Asia Ghee Mills FC by 2-0. KE’s Murtaza Hussain and Noman scored one goal each to clinch the Cup. The prestigious footballing event was organized by Al-Fateh Football Club with the collaboration of District Football […]
KE Awards Contracts for 900MW BQPS-III
Harbin/Karachi – October 23, 2019: K-Electric has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor Harbin Electric for a 900MW Combined Cycle Power Plant and associated grids at Bin Qasim. The contract was signed by Moonis Alvi, CEO, KE, Dr. Keramat Fakhari Executive Vice President, Siemens and Guo Yu, Chairman, […]
K-Electric Initiates Legal Action against Unauthorized Use of Electricity Infrastructure
Karachi, Oct 08, 2019: K-Electric has initiated legal proceedings against the unauthorized use of electricity poles by cable TV and Internet providers. The action is part of an ongoing campaign to rid the city’s power infrastructure of such encroachments which are not only unwarranted but also pose a severe risk to the safe and reliable […]
Hazards of Kundas Highlighted at Awareness Session for 2,000 Riaz Chowk Residents
Karachi, 5th October 2019: K-Electric organized a customer facilitation camp at Riaz Chowk in Korangi, under its flagship community development project, Ujala. More than 2,000 residents visited the camp where they were warned about the safety hazards created by illegal kundas for the entire community and especially children. Over 300 residents also received free eye-checks […]
KE Signs US$ 50M Loan Facility Arranged by Standard Chartered and Askari Bank Limited, Supported by GuarantCo for Upgrading Power Infrastructure
Karachi, Oct 01, 2019: K-Electric has signed a dual-currency US$ 50 million loan agreement which is supported by GuarantCo to undertake upgradation of power infrastructure including the installation of theft-resistant Aerial Bundled Cable (ABC) as well as smart grid solutions. Standard Chartered & Askari Bank Limited are the Mandated Lead Arrangers, with Standard Chartered structuring […]
Load curtailment from NTDC; Parts of Karachi to face brief Load-Management – K-Electric
Karachi, 30th September 2019: The National Grid’s (NTDC) 500kV Hubco-NKI line is under forced outage since 29th September 2019 due to which there is an unforeseen reduction up to 250 MWpower supply from the national grid to the K-Electric system. K-Electric is making all possible efforts to manage the power shortfall created due to this situation in light […]
K-Electric Exempts Areas from Load-shed in Surjani
Karachi: 19th Sep, 2019 – Residents of Surjani led by Member of Provincial Assembly (MPA) Wasim Qureshi and representatives of different Union Councils recently hosted an event to acknowledge K-Electric’s (KE) recent announcement of infrastructure upgrade and load-shed exemption for areas of Surjani and North Karachi sector 5L, 5M, 5C-1, 5C-3, 5C-4 & 11-A. This […]
K-Electric Reports PKR 12.3 Billion Profit for FY2018
Karachi, September 18, 2019: The Board of Directors of K-Electric Limited in its meeting held on September 18, 2019 at KE head office, approved the Company’s financial results for the year ended 30 June 2018. During the reporting period, over PKR 44 billion has been invested in generation, transmission and distribution while KE’s key financial […]