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KE asserts that recent tariff adjustment will not be entirely applicable on consumer bills

Karachi, January 03, 2020: Spokesperson K-Electric reiterates that different figures ranging from PKR 4 upwards being circulated in media circles as increase in consumer bills are misleading. According to the Spokesperson, “Some News Channels and Publications have quoted a figure of more than PKR 4 being increased in the end consumers’ monthly bills which is…

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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…

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KE awards contracts for 900MW BQPS-III

Karachi, October 23, 2019: K-Electric has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor(s) Harbin Electric for a 900MW Combined Cycle Power Plant and associated grids at Bin Qasim. The contract was signed by Moonis Alvi, CEO, KE; Dr. Keramat Fakhari Executive Vice President, Siemens and Guo Yu, Chairman, Harbin…

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KE signs US$ 50 mln loan agreement with Standard Chartered supported by GuarantCo for upgrading power infrastructure

Karachi, October 01, 2019: K-Electric has signed US$ 50 million loan agreements with Standard Chartered which is supported by GuarantCo to undertake upgradation of power infrastructure including the installation of theft-resistant Aerial Bundled Cable (ABC) as well as smart grid solutions. The financing documents were signed at KE head office by Moonis Alvi, CEO and Rizwan…

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