Pakistan Revenue
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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Karachi, May 26, 2025 – In a significant regulatory development, K-Electric (KEL) has successfully secured a dollar-based tariff structure for its transmission and distribution operations, following a similar arrangement granted earlier for its power generation segment.
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