KE included for trading in the Deliverables Futures and Cash Settled Futures Market
Karachi, 17th July, 2014: K-Electric, formerly KESC was proud to announce that the company has been included for trading in Deliverable Futures and Cash Settled Futures Contracts for the first time, which shows the increasing investor confidence in the scrip. A notice was issued by the Karachi Stock Exchange, which is Pakistan’s largest stock market, […]
Despite owing Almost Rs 1 Crore 30 Lac, Residents of Kunda-Infested Sultanabad Attacked KE Personnel & Stopped Them From Working – Spokesman KE
Karachi, 17th July, 2014: In its latest press statement, K-Electric was aggrieved to learn that residents of Sultanabad attacked KE staff that was busy at work on the 16th of July on the Rickshaw PMT near Saddar and manhandled KE personnel. Giving details the press statement added that these residents who get their electricity supply […]
No load shed at any KWSB Pumping Station; KE Rejects False Allegations
Karachi – 14th July, 2014: K-Electric, in its latest press statement, expressed dismay at stories circulating in the media containing baseless allegations being hurled at it from KWSB. KE’s spokesperson stated that contrary to reports, KWSB’s water pumping stations are exempted from load shedding and that they receive uninterrupted electric supply. The statement explained that […]
K-Electric & FIA Conduct a Successful Raid in Korangi; Theft of Electricity Worth almost Rs 5.5 million Caught
Karachi – 2nd July, 2014: K-Electric, formerly KESC, released a press statement and gave details about a successful raid against electricity theft in Korangi with the help of the Federal Investigation Agency (FIA). The FIA and the KE teams were accompanied by the KE Police and raided four location including Stitching / Embroidery Factory (about […]
Water board’s endless and absurd blames on power outages are regretted; all pumping stations are supplied with uninterrupted power
Karachi, 30th June 2014: K-Electric has categorically denied KWSB’s reports which said that there was a major breakdown at Dhabeji and Gharo pumping stations due to which water supply to Karachi has been badly affected. Giving some details spokesman KE said that the breakdown occurred at approximately 0215 hrs on Saturday, but the KE team, […]
Load-shedding Exempted at Sehri and Iftar during Ramadan: K-Electric
Karachi – 28 th June, 2014: K-Electric (KE) through its press statement has announced that there will be no load-shedding during Sehri and Iftar in the holy month of Ramadan. According to the press release, the residential and commercial areas will have uninterrupted power supply during Sehri and Iftar. Also, the major mosques of the […]
KE BOD approves issuance of Sukuk worth PKR 22 billion including Green Shoe Option of PKR 2 billion
Karachi, June 26, 2014: K-Electric (KE) in its press statement has announced the approval of its Board of Directors for issuance of Sukuk of up to PKR 22 billion, including a green shoe option of up to PKR 2 billion. The in-principle decision was taken in a meeting held by the Board of Directors of […]
Water Hydrant Caught Using An Illegal Electricity Connection; KE and FIA Raids Continue
Karachi, June 25, 2014: K-Electric has said that joint teams of KE and FIA supported by Police and accompanied by EIK representative have conducted another successful raid after having caught a site involved in electricity theft. The teams checked this site which had a water hydrant and boring system located at 62 Ghausia Colony Nishter […]
Power Shutdown of 4 Hrs in different areas on Sunday: Repair of 220 KV Circuit Underway
Karachi – 20th June, 2014: K-Electric (KE) in its press statement has announced that certain areas of Karachi will experience power shutdown of up to 4 hours on the 22nd of June, from 6am to 10 am. Apart from the 3 hour outage, the low loss feeders of these areas which were previously exempted from […]
K-Electric & FIA Conduct a Successful Raid; Theft of Electricity Worthalmost Rs 2.5 million Caught
Karachi – 18th June, 2014: K-Electric, formerly KESC, released a press statement and gave details about a successful raid against electricity theft at Columbus Towers with the help of the Federal Investigation Agency (FIA). The FIA and the KE teams were accompanied by the KE Police and raided Columbus Towers – a residential apartment building […]