SHC dismisses petition challenging KE privatization

KARACHI: Sindh High Court (SHC) has dismissed a constitutional petition that has challenged the privatization of K-Electric, the power distribution company. In a note sent to Pakistan Stock Exchange (PSX) on Monday,... Read more »

PSX issues notice to K-Electric to explains unusual price movement

KARACHI: Pakistan Stock Exchange (PSX) on Thursday issued notice to K-Electric Limited to explain unusual movement in its price and volume during past few days trading. The stock exchange said that under... Read more »

Shanghai Power allowed extension for public announcement offer to acquire KE shares

KARACHI: Securities and Exchange Commission of Pakistan (SECP) has allowed 90 days extension to Shanghai Power Company to make public announcement of offer to acquire 66.40 percent ordinary shares of K-Electric Limited.... Read more »

K-Electric experiences cyber-attack

KARACHI: K-Electric Limited, the power utility, has experienced an attempt of cyber-attack causing disruption in its few services, said a statement on Thursday. In a notice sent to Pakistan Stock Exchange (PSX),... Read more »

K-Electric declares 48 percent decline in profit after tax payment of Rs2.02 billion

KARACHI: K-Electric, the power utility producing and supplying electricity to Karachi city, has paid Rs2.02 billion as taxes during half year (July – December) 2019/2020 which brought down the company’s net profit... Read more »

KE starts updating information of industrial, commercial consumers for tax purpose

KARACHI: K-Electric has launched updating details of industrial and commercial consumers, which is mandatory under income tax law. The company, which is providing electricity to 2.5 million consumers including residential, commercial, industrial... Read more »

Excessive Billing: NEPRA asked to conduct detailed audit of K-Electric

KARACHI: Sindh Governor Imran Ismail on Tuesday asked National Electric Power Regulatory Authority (NEPRA) to conduct detailed audit of K-Electric as many complaints were received related to excessive billing. In a letter... Read more »

K-Electric seeks stakeholders meeting to explain power generation

KARACHI: K-Electric, the power supply and generation utility, has requested Sindh governor for a meeting of stakeholders to discuss matters pertaining to power generation. The power utility is under serious criticism for... Read more »

Shanghai Electric submits fresh intention to acquire 66.4pc K-Electric shares

KARACHI: K-Electric on Tuesday said that it has received fresh Public Announcement of Intention (PAI) from Shanghai Electric Power (SEP) Company Limited (SEP) to acquire up to 66.40 percent voting shares of... Read more »

KCCI urges K-Electric to stop load shedding

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed serious concerns of electricity shortfall which caused massive losses to trade and industry. Agha Shahab Ahmed Khan, President KCCI urged the K-Electric... Read more »