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…
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…
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…
Karachi, October 22, 2019: K-Electric has taken several initiatives aimed at reducing the turnaround time for the provision of new industrial connections in Karachi. These include a faster and simpler process for applying for new connections, which can be submitted online as well. The number of required documents has also been reduced, and consumers can avail…
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…