Residents across Karachi have demanded an immediate end to unannounced load shedding as prolonged electricity outages continue to disrupt daily life in multiple neighbourhoods. Citizens report that extended power cuts are severely affecting homes, businesses, and essential services across the city. According to local complaints, electricity outages in several areas have exceeded 12 hours, […]
K-electric
Court orders K-Electric to pay Rs13.5 million in compensation in electrocution case
A Karachi court has ordered K-Electric to pay Rs13.5 million in compensation to the family of a man who died from electrocution while attempting to save a child during rainfall in 2019. The verdict was issued by a senior civil judge in Karachi Central, who held the power utility responsible for negligence in maintaining safe […]
VIS reaffirms entity ratings of K-Electric
K-Electric’s (KEL) entity ratings were reaffirmed at ‘AA/A1+’ (Double A/A One Plus) with a ‘Stable’ outlook by VIS Credit Rating Company. Medium to long-term rating of ‘AA’ denotes high credit quality; protection factors are strong; risk is modest but may vary slightly from time to time because of economic conditions. Short-term ratings of ‘A1+’ indicates […]
Electricity consumers may get major relief across Pakistan
Electricity consumers across Pakistan, including those of K-Electric, may receive significant relief of around Rs63.94 billion under the quarterly adjustment mechanism, according to an announcement by the National Electric Power Regulatory Authority (NEPRA). Read More: Pakistan power users face higher fixed charges In its statement, NEPRA confirmed that distribution companies (DISCOs) have submitted requests for the […]
PESCO introduces QR code bill payments
Consumers of Peshawar Electric Supply Company can now pay electricity bill online through QR code, as the utility introduces a new digital payment feature aimed at improving customer convenience. Read More: KP bleeds Rs583 million daily due to power theft and inefficiencies According to a spokesperson for PESCO, QR codes have been added to electricity […]
Karachi mayor offers land to KE for green energy projects
In a major step towards promoting sustainable development, reducing the city’s carbon footprint, and creating affordable energy opportunities for citizens, Mayor Karachi Barrister Murtaza Wahab has offered land to K-Electric for the establishment of solar parks and electric vehicle charging stations across Karachi on flexible terms. The offer was made during an important meeting held […]
K-Electric appoints former PSO MD as new CEO
K-Electric (KE) has appointed Syed Taha as the new Chief Executive Officer (CEO), replacing Adeeb Ahmad, the interim CEO, the general manager of the Pakistan Stock Exchange (PSX) confirmed in a letter on Tuesday. The change in leadership, the letter states, will take effect from April 15, 2026. Taha holds an engineering degree with a […]
Power tariff rise as Nepra adds Rs1.98 per unit charges
Electricity consumers across Pakistan will face an additional financial burden in March after the National Electric Power Regulatory Authority approved higher fuel and tariff adjustments, increasing power rates by nearly Rs1.98 per unit. The National Electric Power Regulatory Authority (Nepra) issued a late-night notification on Wednesday allowing a fuel cost adjustment of Rs1.63 per unit […]
Pakistan cuts industrial electricity tariffs by up to Rs4.58 per unit
ISLAMABAD: Pakistan has reduced electricity tariffs for industrial consumers across all major categories, offering much-needed relief to factories and businesses facing some of the highest power costs in the region. The power regulator’s notification, issued on Tuesday, implements the National Electric Power Regulatory Authority’s (Nepra) ruling dated February 11, 2026, and is effective from February […]
Pakistan Stock Market Falls 1% as KSE-100 Loses 1,587 Points
ISLAMABAD: Pakistan benchmark KSE-100 index suffered further losses on Tuesday, dropping 1,587.06 points, or 0.91%, to reach 172,866.87 points by 11:10 am, following a volatile session on Monday when the index plunged over 5,000 points. Read More: Stocks tank almost 3% as KSE–100 Index closes in the red Trading volumes on Tuesday reached 112.6 million shares, valued […]