NEPRA CONCLUDES HEARING ON K-ELECTRIC’S (KE) POWER ACQUISITION PROGRAMME
KE intends to increase share of renewable energy in generation mix 19 OCTOBER 2023, KARACHI: NEPRA today concluded a public hearing on K-Electric’s Power Acquisition Programme (PAP) for FY2024 to FY2030. The key objective of the Power Acquisition Programme is to develop a long-term capacity expansion plan for KE’s service territory and meet the energy […]
Power supply to Karachi from National Grid partially impacted
KARACHI, October 16, 2023: Power supply to Karachi was partially impacted due to a temporary fault in the 500 kV NKI-Jamshoro circuit of the National Grid, Spokesperson KE informed through a press statement. KE teams remained in close coordination with NTDC authorities, and NTDC maintenance teams had already begun restoration efforts on the affected circuit. […]
KE’S CRACK DOWN AGAINST THEFT IN FULL SWING
24,000 cases of theft identified in September 12 October 2023, KARACHI: Approximately one month since the caretaker Minister for Energy announced a nationwide campaign against electricity theft. KE has reported that it identified around 24,000 cases of illegal usage accumulated to 40 million units of theft with the dedicated efforts of its distribution teams. Anti-theft […]
K-ELECTRIC’S SUSTAINABILITY REPORTING WINS AT CFA AWARDS
11 OCT 2023, KARACHI: The CFA Society Pakistan – a member of the CFA Institute – awarded K-Electric (KE) 2nd place in the ‘Best ESG Reporting Award of the Year 2022 – Corporates’ for the company’s exceptional performance in Environmental, Social, and Governance reporting standards. Winning the runner-up position in the ‘Best ESG Reporting Award […]
KE collaborates with Bank Alfalah for cashback to enable savings
October 10, 2023: Amid tough economic conditions, many citizens are facing a crunch in the payment of their utility bills. As a customer-centric organization committed to facilitating customers, KE has partnered with Bank Alfalah to offer a cashback facility on the payment of KE bills. The offer is valid from October 1, 2023 to November […]
KE MAINTAINS NO SIGNIFICANT CHANGE IN LOADSHED REGIME
71% of network remains exempt. October 01, 2023, KARACHI: KE maintains that there has been no significant change in the loadshedding regime for its service territory under the amended schedule published on the company’s website, which is effective immediately. This schedule follows KE’s review of its network of 2,000 feeders for electricity theft and non-payment […]
NEPRA’s Decisions on Government’s QTA Petitions To Apply on KE
KARACHI, 28TH SEPTEMBER 2023: NEPRA has issued its decisions on two petitions initiated by the Federal Government in respect of two quarters i.e. 1st and 4th Quarter of FY 23. Per Uniform Tariff Policy, these quarterly adjustments will be applicable to KE customers post notification by Federal Government. NEPRA and the Government of Pakistan legislates […]
Power Supply to Karachi Remained Stable Amid Rain
20 SEPTEMBER 2023, KARACHI: Power supply to Karachi remained stable amid yesterday’s rain spell. across Karachi. Per KE spokesperson, 1900 of 2000 feeders continued to provide uninterrupted power. Supply was temporarily suspended in some areas where presence of kundas posed a safety hazard in the weather conditions. KE teams and staff closely monitored the situation […]
Over 500 FIRs registered as KE intensifies action against power theft
Karachi, September 19, 2023: Continuing action against power theft in line with the nationwide crackdown, KE has registered 550 FIRs in police stations across the city against power theft estimated at 8.2 million units of electricity, amounting to PKR 418 million. Per reports, the top 20 cases alone account for 3.2 million units of the […]
Challenging sociopolitical and macroeconomic factors impaired KE’s profitability for FY23
September 15, 2023, KARACHI: The recently concluded fiscal year was significantly influenced by challenging sociopolitical and macroeconomic factors that have had a cascading impact on multiple sectors including KE. Surging inflation, policy rate hikes, rupee devaluation and a contraction in economic activity have cast a significant influence on the company’s operations and overall profitability. Compared […]