Signing Ceremony of Shariah Pronouncement for KE’s upcoming PKR 25 billion SUKUK
Karachi, Dec 12, 2019: K-Electric plans to issue Pakistan’s largest ever retail-listed Sukuk worth PKR 25 billion (including PKR 5 billion green shoe option). Picture shows members of the Transaction Shariah Advisory Board signing the Shariah Pronouncement for the Issue at the KE head office. Senior members of KE, HBL and NBP management can also […]
Apprentices complete training under KE Apprenticeship Programme
Karachi, December 3, 2019: Aimed at enhancing employability of workforce through skill development, mentoring and on-job training, K-Electric initiated a two-year Apprenticeship Programme in 2017 with a first batch of over 30 apprentices and the vision to train hundreds more across areas of generation, distribution and transmission. Recently the first batch of 38 distribution apprentices […]
K-Electric, Engro Energy sign MoU to set up Karachi’s First waste-to-energy Plant
Karachi, November 25, 2019: Aimed at reducing the climate change impact by converting Karachi’s municipal solid waste into indigenous and renewable resource of energy, K-Electric and Engro Energy signed a Memorandum of Understanding (MoU) to develop a 50MW Solid Waste to Energy Plant at an estimated cost of US$ 175 million. The MoU was signed […]
12MW Grid Energized to Facilitate Getz Pharma’s New Plant
Karachi, November 20, 2019: K-Electric (KE) has energized a dedicated 12-megawatt grid along with a dedicated 132kV distribution system to facilitate Getz Pharma’s new manufacturing/production facility in Korangi industrial area. The ceremony was attended by Khalid Mahmood, MD & CEO Getz Pharma and Moonis Alvi, CEO, KE along with their respective teams. According to Moonis […]
KE Apprises FBATI about Investment in Power Value Chain
Karachi – November 19, 2019: A KE delegation headed by CEO Moonis Alvi met with the Federal B Area Association of Trade & Industry (FBATI) as part of the power utility’s drive to further improve industry facilitation through closer coordination. President of Federal B Area Association of Trade & Industry (FBATI) Abdullah Abid spoke about […]
KE, KFC sign MoU for Centralized Billing solution
Karachi, November 13, 2019: In line with its commitment to facilitating industrial and commercial customers K-Electric signed a Memorandum of Understanding (MoU) with KFC/Gray Mackenzie Restaurants International to add them to a growing list of corporate consumers who are benefiting from KE’s Centralized Billing Mechanism (CBM)/Single Billing Solution payment system. The agreement was signed by […]
Construction of 900MW RLNG Based Power Project to Start Next Month
Karachi – November 11, 2019: The construction of K-Electric’s $650 million 900MW RLNG-based Bin Qasim Power Station (BQPS)-III will commence in December. The project has received all required approvals and is part of KE’s planned initiatives resulting in investments of around US$3 billion across the power value chain over the next few years. The project […]
KE Reaffirms Commitment towards Karachi with USD 3 Billion Investment
Karachi, November 06, 2019: K-Electric is committed towards Karachi and its growth with an investment of USD 3 billion over the next four years across the value chain. This was stated by Aamir Ghaziani, Chief Financial Officer of KE at the Corporate Analyst Briefing session held at the Pakistan Stock Exchange (PSX) today. Moonis Alvi, […]
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 […]