K-Electric (KE) has partnered with Mashreq Pakistan to enable the power utility’s customers holding a current account with the financial institution to receive cashback reward of up to Rs 10,000 on electricity bill payments. The initiative combines KE’s expanding digital payments ecosystem with Mashreq Pakistan’s digital banking platform to encourage secure, convenient, and cashless transactions […]
K-Electric (KE)
K-Electric gets Rs50bn dues cleared by NEPRA for 2017–23 period
ISLAMABAD — In a significant regulatory move, the National Electric Power Regulatory Authority (NEPRA) has approved a Rs50.01 billion write-off for K-Electric (KE), clearing long-disputed receivables from its 2017–2023 Multi-Year Tariff (MYT) period. The decision provides long-awaited clarity to the utility’s financials but comes with a catch — any recovered amount must be passed back […]