Pakistan Revenue
Karachi, November 5, 2025 – K-Electric Limited (KE) announced on Wednesday that the Sindh High Court (SHC) has granted an interim relief order in favor of the company, restricting the National Electric Power Regulatory Authority (NEPRA) from taking any coercive action against it.
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Islamabad, October 27, 2025 – The Power Division has termed the recent determination by the National Electric Power Regulatory Authority (NEPRA) regarding K-Electric’s multi-year tariff as a historic and consumer-centric decision designed to protect public interests, enhance regulatory transparency, and address inefficiencies within the power sector.
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Islamabad, October 9, 2025 – The National Electric Power Regulatory Authority (NEPRA) has imposed a penalty of Rs25 million on K-Electric for its failure to promptly restore electricity following the nationwide power breakdown on January 23, 2023, which left the country in darkness for nearly 20 hours.
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Karachi, September 23, 2025 – K-Electric has reported a remarkable turnaround, announcing a net profit of Rs4.13 billion for fiscal year 2023-24, compared to a loss of Rs39.39 billion in the previous year.
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Karachi, September 23, 2025 – The Board of Directors of K-Electric has officially decided to decommission two of its older gas-based power plants, the Korangi Town Gas Turbine Power Station (KTGTPS) and the SITE Gas Turbine Power Station (SGTPS).
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Karachi, September 16, 2025 – The board of directors of K-Electric has announced that it will convene on September 23, 2025, to finalize long-pending financial statements for various periods ending June 30, 2024.
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In a move that has sent shockwaves across the country’s power sector, the National Electric Power Regulatory Authority (NEPRA) has granted K-Electric a jaw-dropping Rs50 billion write-off—a concession so colossal that only K-Electric could pull it off in Pakistan.
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Karachi, June 5, 2025 – The Federal Board of Revenue (FBR) has successfully recovered over Rs5 billion from K-Electric, following a major court ruling on a long-standing tax dispute. This recovery comes after a legal battle over the application of minimum tax provisions under Section 113 of the Income Tax Ordinance, 2001.
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Karachi, June 2, 2025 – A storm is brewing in Karachi as Jamaat-e-Islami (JI) takes to the streets, launching a fiery movement against K-Electric and demanding nothing less than the immediate cancellation of its license.
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Islamabad, June 2, 2025 – The Power Ministry has dropped a bombshell on K-Electric (KE), fiercely challenging the electricity tariff awarded to the utility giant and declaring it unjustified, unfair, and unacceptable.
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