K-Electric emerges biggest winner as government raises Its power subsidy by 30%
Despite overall subsidy cuts, K-Electric secures Rs163 billion allocation, becoming the biggest beneficiary in the 2026-27 power budget
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Despite overall subsidy cuts, K-Electric secures Rs163 billion allocation, becoming the biggest beneficiary in the 2026-27 power budget
Continue ReadingKARACHI, 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.
Continue ReadingKARACHI – 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.
Continue ReadingKarachi, 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.
Continue ReadingShareholders 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).
Continue ReadingKarachi, 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.
Continue ReadingKarachi, 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.
Continue ReadingKarachi, 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.
Continue ReadingKarachi, 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.
Continue ReadingKarachi, 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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