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Tag: K-Electric

Budget FY 2026-27

K-Electric emerges biggest winner as government raises Its power subsidy by 30%

June 17, 2026June 17, 2026Faisal Shahnawaz

Despite overall subsidy cuts, K-Electric secures Rs163 billion allocation, becoming the biggest beneficiary in the 2026-27 power budget

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Karachi Electric

K-Electric suspends power shutdowns as Karachi braces for 45°C heatwave

May 3, 2026May 3, 2026Faisal Shahnawaz

KARACHI, May 3, 2026 – In a significant move to provide relief to citizens, K-Electric (KE) has announced an immediate pause on all scheduled maintenance shutdowns. The decision comes after the Pakistan Meteorological Department (PMD) issued a severe heatwave alert for the metropolis, with temperatures expected to feel like over 45°C.

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Pakistan Independence Day 76

Karachi Mayor to provide KMC land for EV charging stations

May 2, 2026May 2, 2026Mrs. Anjum Shahnawaz

KARACHI – In a significant step toward urban modernization, Karachi Mayor Barrister Murtaza Wahab has announced that the Karachi Metropolitan Corporation (KMC) is prepared to provide land for the establishment of charging stations for electric vehicles (EVs) and bikes across the city.

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Karachi Electric

K-Electric Appoints Syed Taha as New CEO

March 24, 2026March 24, 2026Faisal Shahnawaz

Karachi, March 24, 2026 – K-Electric has announced the appointment of Syed Taha as its new Chief Executive Officer (CEO), effective April 15, 2026, marking a key leadership transition at Pakistan’s largest power utility serving Karachi.

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Karachi Electric

K-Electric board elections: Deadline to file director candidature is March 19, 2026

March 11, 2026March 11, 2026Shahnawaz Akhter

Shareholders interested in contesting the upcoming board elections of K-Electric Limited must submit their notice of intention and required documents by March 19, 2026, according to an addendum issued ahead of the company’s Extraordinary General Meeting (EOGM).

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Karachi Electric

KE names Adeeb Ahmad as interim CEO after Moonis Alvi exit

February 14, 2026February 14, 2026Faisal Shahnawaz

Karachi, February 14, 2026 — K-Electric (KE) has appointed seasoned energy sector executive Adeeb Ahmad as its interim chief executive officer (CEO) with immediate effect, a week after the resignation of Syed Moonis Abdullah Alvi from the top post.

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Karachi Electric

CEO K-Electric resigns soon after getting clearance in harassment case

February 6, 2026February 6, 2026Faisal Shahnawaz

Karachi, February 6, 2026 — In a major corporate development, K-Electric on Friday confirmed that its Chief Executive Officer, Syed Moonis Abdullah Alvi, has resigned from his position shortly after receiving clearance in a high-profile harassment case.

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Karachi Electric

Sindh Governor Sets Aside K-Electric CEO Harassment Case Order

February 3, 2026February 3, 2026Shahnawaz Akhter

Karachi, February 3, 2026 – The Governor of Sindh has officially set aside the order issued by the Provincial Ombudsman against the Chief Executive Officer (CEO) of K-Electric Limited (KE) in a high-profile women harassment case. The disclosure was made by K-Electric in a communication to the Pakistan Stock Exchange (PSX) on Tuesday.

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Karachi Electric

K-Electric secures court stay against harassment, protects company interests

December 26, 2025December 26, 2025Faisal Shahnawaz

Karachi, December 26, 2025 — K-Electric, the leading power utility company in Pakistan, has successfully obtained a court stay order to prevent harassment and protect its operations and officials from unwarranted actions.

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Karachi Electric

PSX Directs K-Electric to Submit Financial Statements and Hold AGMs

December 3, 2025December 3, 2025Shahnawaz Akhter

Karachi, December 3, 2025 – The Pakistan Stock Exchange (PSX) has issued a formal directive to K-Electric Limited, the leading power utility in the country, instructing the company to transmit its annual financial statements and hold Annual General Meetings (AGMs) for the years ended June 30, 2024, and June 30, 2025.

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