On Monday, Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said that the complete elimination…
· Since 2017, the circular debt for the Power sector has increased threefold to reach PkR2.5tn. Despite the payment of PkR210bn from the Govt. to the IPPs in the current fiscal…
Today, KE denied any news of an unannounced load shed across Karachi city as the country grapples with an unprecedented heatwave. The Pak Met Department recently declared April 2022 to…
Director Communications and Spokesperson K-Electric Imran Rana clarified that the current heatwave conditions across the country were driving a surge in electricity demand. He stated, "While K-Electric is undertaking all…
Driven by continued and targeted investments of PKR36.99 Billion across the power value chain, key operational indicators showed positive growth over comparative period. However, despite showing consistent improvement in reduction…
Pakistan' s premier energy marketing company, Pakistan State Oil Co. Ltd. (PSO) continues to dominate the energy market, reporting highest ever nine-month profit after tax of PKR 64.8 billion (9MFY21:…
The Hub Power Company Limited (HUBC) announced its 3QFY22 financial result today, where the company posted a profit after tax (PAT) of PKR 9,241mn (EPS: PKR 7.12), up by 8%…
The Hub Power Company Limited (HUBC) is scheduled to announce its 3QFY22 financial result on Apr 28th 2022. We forecast the company to post a consolidated profit after tax for…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said the prices of imported oil and…
The United States government, through the United States Agency for International Development (USAID), is partnering with the Pakistani government to launch a $23.5 million, four-year power sector improvement project to…
Beaconhouse Group, Pakistan's largest network of private educational institutions and a host of diverse businesses, is successfully running 40 of the network's facilities on solar energy. Students of 26 Beaconhouse…
Kot Addu Power Company Limited (KAPCO) is scheduled to announce its 3QFY22 financial result on Apr 21st 2022. We expect, the company to post a profit after tax of PKR…
· Power generation went up by 16.2% YoY to 10,418 GWh (14,003 MW) during Mar'22, compared to 8,965 GWh (12,049 MW) during Mar'21.The rise in generation was owed to higher…
The Private Power and Infrastructure Board (PPIB) is expediting its efforts to allocate up to 55 mmscfd low BTU (British thermal unit) gas from Kandhkot field to Engro Powergen Qadirpur…
Acting President of Korangi Association of Trade and Industry (KATI) Farrukh Qandhari has appealed to newly elected Prime Minister Shahbaz Sharif to reduce electricity tariffs. He said that as soon…
In line with its values on sustainable development, Naveena Group invested in a 50MW renewable energy project worth 65 Million dollars located at Jhimpir. Naveena Group will supply clean wind…
All is not lost; there is light at the end of the tunnel. There is resolve from the federal and provincial governments to get the power sector back on its…
Engro Energy Limited will host Pakistan Energy Symposium at a local hotel in Karachi on 1st April 2022. Theme of this symposium is Ushering the Future of Energy. Engro Energy…
Chairman PM Task Force on Housing Zaigham Rizvi, Chairman NEPRA Tausif H. Farooqi, Chief Executive Officer Alternative Energy Development Board Shah Jahan Mirza and CEO FAKT International Salim Khan Tanolion…
Power generation went up by 11.1% YoY to 8,088 GWh (12,036 MW) during Feb'22, compared to 7,281 GWh (10,835 MW) during Feb'21.The rise in generation was owed to higher generation…
CEO K-Electric Moonis Alvi and Chief Distribution Officer Amer Zia along with senior company officials met with the leadership of the Korangi Association of Trade and Industry (KATI) on Thursday.…
In a major push for increasing green cover, Thar Foundation – the CSR front for Sindh Engro Coal Mining Company (SECMC) & Engro Powergen Thar Limited (EPTL) – has announced…
A delegation of Sindh Board of Technical Education (SBTE) visited K-Electric to witness the ongoing training & development activities at the utility's training academy. KE has established a Distribution Network…
The environmental watchdog of Balochistan has made conditional issuance of its NOC for an upcoming 300 MW coal-based power plant in Gwadar on fulfilment of the condition that the electricity…
The Professionals Network has conferred the Best Sustainability Report Award to K-Electric during the 6th Corporate Social Responsibility Awards 2017. Zehra Mehdi, Deputy Director ESG & Sustainability received the award on…
