Karachi, May 27, 2025: The National Electric Power Regulatory Authority (NEPRA), through its decision dated May 27, 2025, has issued determinations on KE’s supply tariff petition for the seven-year control period FY 2024 to FY 2030, originally submitted in December 2023.
This latest approval follows NEPRA’s decision of KE’s generation tariff – last year – and the transmission and distribution tariff last week reflecting sustained regulatory momentum and progress in Pakistan’s transforming power sector landscape. The company looks forward to the timely closure of its Investment Plan review.
It is pertinent to note that these determinations will not affect the electricity rates charged to customers, as these continue to be governed under the uniform tariff policy applicable across Pakistan.
This decision marks a significant milestone for KE towards realizing its comprehensive investment plan 2030 that entails the company’s efforts to further reduce losses in transmission and distribution network, drive growth in its customer base, and bolster power utility’s infrastructure to meet current demands and future needs.
KE is evaluating the complete and extensive determination issued by NEPRA, and continues to work closely with the honorable Regulatory Authority to ensure that all reforms and tariff structures support a long-term vision of a stable, transparent, and future-ready energy ecosystem.
Since privatization, KE has invested over USD 4 billion to transform Karachi’s power landscape—doubling its customer base, doubling the energy delivered, and cutting line losses in half. Today, around 70% of KE’s service area is load shed exempt, underscoring the company’s commitment to reliable supply, operational excellence, and energy access for the city’s growing needs.
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), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a shareholder (24.36%) in the Company while the remaining are listed as free float shares.