K-electric – Page 3 – BOL News Staging

K-Electric forced to conduct load-shedding due to shortfall

June 30, 2022 by Tanvir Ali

KARACHI: Due to persistent shortfall round the clock, the K-Electric is compelled to conduct load-shedding even during the night hours, an official said. The leadership of K-Electric including its Chief Executive Officer Moonis Abdullah Alvi met with the Provincial Minister of Energy Imtiaz Ahmed Shaikh and other representatives of political parties. The K-Electric senior officials … Read more

Careem Introduces Carsharing Service

June 29, 2022 by Muhammad Sher

The carpooling service consists of a pool of cars. Using the programme, adjacent employees get an optimised path. This would allow office workers to reduce their travel. Careem has added a carpooling function to its corporate portfolio ‘Careem for Business (C4B)’ to better serve its corporate clients in light of the enormous increase in global … Read more

K-Electric seeks Rs11.33/unit hike in power tariff

June 23, 2022 by Tanvir Ali

KARACHI: The K-Electric Limited (KEL) has requested the National Electric Power Regulatory Authority (NEPRA) to increase the power tariff by Rs11.33/unit on account of fuel charges adjustment (FCA) for May, a statement said on Thursday. As per the applicable tariff across the country, fuel adjustment is reviewed every month and is applicable on the consumer … Read more

Stocks plunge as Moody’s downgrade Pakistan’s outlook

June 3, 2022 by Tanvir Ali

KARACHI: The equity stocks nosedived on Friday after Moody’s downgraded Pakistan’s outlook to negative on fiscal risks amid delays in the International Monetary Fund (IMF) bailout and concerns over global equity selloff. Ahsan Mehanti at Arif Habib Corp said that the dismal data of $43.33 billion trade deficit for the period of July-May during fiscal … Read more

K-Electric defaults on SSCG payment

June 3, 2022 by Tanvir Ali

KARACHI: The K-Electric defaulted in payment of its last bill to the Sui Southern Gas Company (SSGC) and an amount of Rs2.46 billion is overdue, while another payment of Rs8.6 billion will become due on June 3, 2022, a statement said. According to the statement released by the SSGC, the company will have to either … Read more

K-Electric considering power outages for industries

June 3, 2022 by Suhaib Ahmed

Exempted feeders may also be subjected to load-shedding for three to five hours each day. On KE’s the average demand for energy is currently 3,200-3,300 megawatts, with an average shortfall of 400MW. Similarly, furnace oil has doubled in price to Rs150,000 per tonne, up from Rs74,000-75,000 per tonne a year earlier. K-Electric provides electricity to … Read more

K-Electric increased its tariff by Rs4.8 per unit

May 28, 2022 by Suhaib Ahmed

K-Electric’s dark secret exposed: Illegal takeovers and declining financial performance push investors away

KARACHI: The National Electric Power Regulatory Authority (NEPRA) gave permission to the K-Electric to increase its power tariff by Rs4.8269 per unit for the month of March 2022 on account of fuel cost adjustment. The residents of metropolitan city will bear the burden of Rs7.86 billion. The electricity bills of June 2022 will recover the … Read more

Pakistan’s first certified female electricians inspire the world at Expo 2020 Dubai

March 6, 2022 by Muhammad Zubair

KARACHI: Pakistan’s first certified female electricians inspired the world at Expo 2020 by sharing their journey to become the bastions of safety within their neighbourhoods. Abeera Almas and Zara Afshan, who represented the ‘Roshni Baji’ programme introduced by K-Electric to provide a platform for women to showcase their talents, spoke about their critical role in … Read more

K-Electric profits down 33.8% in second quarter of FY22

February 24, 2022 by Muhammad Zubair

KARACHI: The net profit of K-Electric Limited (KEL) declined 33.8 per cent to Rs9.4 billion, translating into the earnings per share (EPS) of one paisa during the quarter ended December 31, 2021, a bourse filing said on Thursday. The company posted a profit of Rs14.2 billion, translating into the EPS of 21 paisas in the … Read more

Karachi’s power consumers paying huge cost of KE-SSGC rift

January 11, 2022 by Muhammad Zubair

KARACHI: The electricity in January is going to cost Karachi consumers way more, as the power utility has expressed its inability to produce cheaper electricity due to gas shortages. The K-Electric has sought an increase of 32 paisas/kWh in consumer tariff for November under the fuel cost adjustment (FCA), which is in addition to Rs5.182/kWh … Read more

Pakistan equity market remains bullish, KSE-100 Index gains 156 points

December 30, 2021 by Roman Ahmed

KARACHI: The Pakistan Stocks rebounded and remained in a green zone on Thursday as the mini-budget was approved by the cabinet, while the year-end spectacles kept the market activities upbeat throughout the day. An analyst at Topline Securities said that the equities started the day on a positive note, where the market remained in the … Read more

KE shuts down 340 feeders in Karachi as ‘precautionary measure’ after rain

December 27, 2021 by Aizbah Khan

KE temporarily turns off 340 feeders during rain for caution in Karachi

K-Electric (KE) on Monday deliberately switched off 340 feeders out of 1900 as a precautionary measure in some areas of Karachi after rain with a high risk of electrocution but claimed that the utility would supply power to most parts of the city as per routine. Read more: Karachi, other parts of country likely to … Read more

KE partners with TPL Trakker for fleet management solution

December 23, 2021 by Roman Ahmed

KARACHI: TPL Trakker has partnered with K-Electric to provide a personalised fleet management solution to the power utility, encompassing mapping and tracking for all its vehicles, a statement said on Thursday. The system is a significant milestone for K-Electric in streamlining its operations, while it showcases the technological prowess that TPL Trakker possesses in delivering … Read more

Pakistan Learning Festival kicks off in Karachi

December 15, 2021 by Muhammad Zubair

KARACHI: The much-anticipated three-day Pakistan Learning Festival (PLF), an initiative of the Children’s Learning Festival (CLF), kicked off with a series of interactive sessions and activities on Tuesday, November 14, 2021, at the Arts Council of Pakistan, Karachi, a statement said. PLF is the flagship programme of civil society organisation Idara-e-Taleem-o-Aagahi. The event, being co-hosted … Read more

K-Electric proposes Rs0.29/kWh hike in consumer tariff

November 22, 2021 by Muhammad Zubair

KARACHI: The K-Electric Limited (KEL) has proposed an increase of 29 paisas/kWh in the electricity tariff for its consumers under the fuel charges adjustment (FCA) for October 2021. According to the petition filed before the National Electric Power Regulatory Authority (Nepra), KEL sought Rs516 million adjustment, translating into 29 paisas/kWh increase in the tariff. As … Read more

KE implements black start facility at Korangi Power Complex

November 18, 2021 by Shaista Zafar

KARACHI: The K-Electric Limited (KEL) has successfully implemented a ‘Black Start’ capability for the first time in its generation fleet at the Korangi Power Complex (KPC), a statement said. The KPC is responsible for generating 247 MW of electricity for Karachi. The ‘Black start’ technology allows power plants to go from shutdown mode to generating … Read more

K-Electric admits overbilling

September 30, 2021September 30, 2021 by Web Desk

KARACHI: After admitting overbilling consumers, Karachi’s electricity distribution company, K-Electric on Thursday agreed to adjust the amount in next month’s bills. This was agreed upon by the power company during a National Electric Power Regulatory Authority (NEPRA) hearing on the issue of billing by electricity distribution companies. In the beginning, the representatives of the power … Read more

K-Electric has demanded to increase the price of electricity per unit

September 22, 2021 by Syed Ahad

K Electric, a private power distributor in Karachi, has demanded an increase of 97 paisa per unit. According to the National Electric Power Regulatory Authority (NEPRA), K Electric applied for the August fuel charges adjustment. NEPRA has said that K Electric has asked for Rs 1.76 billion in monthly fuel adjustment while the hearing on … Read more

K-Electric launches WhatsApp service

September 13, 2021 by Suhaib Ahmed

K-Electric (KE) became Pakistan’s first power utility to use WhatsApp messaging app to facilitate consumers. KE introduced a facility to enable consumer’s easy access to the complaint department for registering complaints any time via using WhatsApp messaging app. Consumers should register themselves for the group by sending their 13-digit account number on the given mobile … Read more

In power tariff Nepra approves Rs1.38/unit hike

September 14, 2021September 10, 2021 by Syed Ahad

CPPA seeks Rs4.75-per-unit hike in power tariff

The National Electric Power Regulatory Authority (Nepra) agreed to a hike of Rs1.38/unit in electricity price.

As per a notification issued, the fuel price modification will be valid only on the bills for the month of September 2021, further that the fuel price adjustment will be applicable to all customers excluding Lifeline and K-Electric (KE).

The Central Power Purchasing Agency (CPPA) had demanded Nepra for a surge of Rs1.47 per unit. The authority held a public hearing on September 1, 2021, and accepted surges in power tariffs.

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Electricity unit increases by Rs 1.38 on September Bills

September 14, 2021September 10, 2021 by Roman Ahmed

Karachi extra 450 MW electricity in Summers

The Central Power Purchasing Agency (CPPA) has agreed to increase modifications in the Electricity Bills due to the fuel prices for September bills. The federal power regulator has approved making unit of power Rs1.38 higher in September bills. Whereas this revision in Bills is only limited for this month. This is carried out against the … Read more

Minister visits KE’s Bin Qasim Power Station 3

September 10, 2021 by Web Desk

KARACHI: Minister for Industries and Production Makhdoom Khusro Bakhtyar met KE’s senior management at the company’s Bin Qasim Power Complex to review the progress on K-Electric’s mega-project Bin Qasim Power Station 3 (BQPS-III), which will add 900MW to the K-Electric’s generation capacity and bolster the future of Karachi’s growth. Equipped with state-of-the-art technology, a 900MW … Read more

Electricity bills increased with additional taxes of Sindh govt: K-Electric

September 11, 2021September 8, 2021 by Roman Ahmed

Sindh government’s taxes will be collected through the K-Electric’s electricity bills after the provincial authorities were unable to clear dues of the power utility, removing a major problem in its deal with Shanghai Electric. The development was permitted during a meeting today between K-Electric councils and Chief Minister Sindh Syed Murad Ali Shah. The power … Read more

K Electric claims areas with ‘power theft’ suffered electricity outages

September 3, 2021 by Roman Ahmed

The areas in Karachi that suffered power outages on Friday, said the city’s sole power distributor K Electric in reply to frequent complaints from numerous areas over power cut as soon as rain decanted. According to the K Electric statement only some areas, where power theft is extensive, suffered the losses۔ Whereas, some areas experienced … Read more

Electricity being restored in Karachi after NTDC restores supply to K-Electric

September 4, 2021September 1, 2021 by Web Desk

Power was being restored in Karachi after the National Transmission and Despatch Company (NTDC) restored the supply to the city’s electricity provider K-Electric. The latest update shared on KE’s Twitter page said that power was restored in 68 grid stations, adding that its teams were on high alert to power up the metropolis. سرجانی، ملیر … Read more

Karachi experiences power outage

September 1, 2021 by Roman Ahmed

Work On CASA-1000 Begins To Transfer Electricity From Tajikistan to Pakistan

Karachi is facing a power outage on Wednesday, the city’s power service K-Electric reported. The areas to lose electricity contain Nazimabad, North Nazimabad, Federal B Area, Gulshan-e-Iqbal, Gulistan-e-Jauhar, Pechs, Clifton, and Defence. Whereas, affected areas Gulshan-e-Iqbal Block 10, Gulistan-e-Jauhar Blocks 7 and 9, Government Teachers Society, Scheme 33, Gulzar-e-Hijri, and Clifton Block 7, all lost … Read more

K-Electric seeks another Rs1.262/kWh hike in consumer tariff

December 10, 2021August 25, 2021 by Web Desk

KARACHI: The K-Electric Limited (KEL) has sought another increase of Rs1.262/Kwh rise in electricity tariff for its consumers under the fuel charges adjustment (FCA) for July 2021 and April-June quarter of 2021. According to the petition filed before the National Electric Power Regulatory Authority (Nepra), the power utility sought Rs1.09 billion adjustment, translating into Rs0.555/KWh … Read more

K-Electric to collect 7.5% advance tax from bills of non-ATL consumers

December 10, 2021August 9, 2021 by Web Desk

KARACHI: The K-Electric Limited will charge 7.5 per cent advance income tax on monthly electricity bills of over Rs25,000 from July 1 from the customers who are not on the active taxpayers list, the power utility tweeted. The K-Electric has asked the consumers to update their computerized national identity cards (CNICs) against their current account … Read more

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