Karachi, January 28, 2026: K-Electric (KE) and Mega Motor Company (MMC), partners of BYD in Pakistan, have signed a Memorandum of Understanding (MOU) for the provision of a dedicated 5MW power connection, scalable up to 7.5MW, to support BYD-MMC’s manufacturing operations in Pakistan as the facility prepares to go live in 2026.
Under the agreement, BYD-MMC will develop and fund a dedicated power supply, facilitated by K‑Electric, ensuring reliable and flexible energy availability as production scales. The partnership will support the automaker’s automated, technology-driven manufacturing operations, enabling seamless performance in line with global operational standards.
Moonis Alvi, CEO of KE, said, “This collaboration underscores the growing trust of global manufacturers in KE’s capability to support complex and high-demand industrial operations. By enabling scalable power solutions, KE remains committed to supporting industrial development while advancing Pakistan’s journey towards sustainability and clean energy goals.”
Aly Khan, CEO of BYD Pakistan – Mega Motor Company (MMC), said, “We are committed to leading Pakistan’s transition to sustainable mobility by bringing the world’s number one NEV technology to the country, localising manufacturing, and building ecosystems that lay the foundation for long-term industrial growth. As we prepare our manufacturing operations to go live, this partnership and investment with K-Electric is critical to operating at global standards and scaling our operations. Such collaborations encourage further greenfield investment and support Pakistan’s future economic goals.”
The MoU serves as the foundation for a long-term strategic partnership, contributing to clean energy adoption, the growth of sustainable mobility, and the collective vision of a Greener Pakistan and a more sustainable world.
The agreement for dedicated power is the latest in KE’s partnerships with the private sector to advance Pakistan’s industrialisation objective. It is indicative of the increasing confidence being shown by the private sector in KE’s power utility framework, particularly for industries with expanding and technology-driven operations that require dependable and scalable energy solutions.
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 power utility in Pakistan supplying electricity to Karachi and its adjoining areas. The majority shares (66.4%) of the Company are owned by KES Power, a consortium of investors including Al-Jomaih Power Limited of Saudi Arabia, National Industries Group (Holding) of Kuwait, and KE Holdings (Formerly: Infrastructure and Growth Capital Fund or IGCF). The Government of Pakistan is also a shareholder (24.36%) in the Company while the remaining are listed as free float shares.