Tag Archives: KESC

Under its Social Investment Program K-Electric will provide free electricity to Family Educational Services Foundation

Karachi, April 16, 2015 (PPI-OT): K-Electric (KE) has always focused on its Social Investment Program (SIP) through its Corporate Social Responsibility and the Power Utility has added another partner to which the company would be providing 100% free electricity to

K-Electric Prepaid long term Loans worth PKR 18 Billion: Spokesman

Karachi, February 17, 2015 (PPI-OT): K-Electric Ltd (KE) through its press statement was pleased to announce that the company has prepaid its loans which amount to Rs. 18 billion. These paid-off loans were availed from the International Finance Corporation (a

K-Electric signs Accord signed with China’s CMEC for 700 MW Power Projects: K-Electric – USD 1 BN investment for the Coal-Based generation which will boost KE’s network; Spokesman KE

Karachi, January 27, 2015 (PPI-OT): In order to overcome the growing demand of electricity in the metropolis, KE has signed an accord with one of the biggest Engineering and construction companies in China, called China Machinery Engineering Corporation (CMEC), which

Government should understand issue of energy crisis and should actively engage in overcoming it in a manner that it can be handled immediately and sustainably: Zubair Motiwala

Karachi, December 15, 2014 (PPI-OT): KE was pleased to announce that the power utility in collaboration with The Barrier Removal to the Cost-effective Development and Implementation of Energy Efficiency Standards and Labeling (BRESL) and ENERCON arranged a launching workshop of

K-Electric and National Database and Registration Authority to work together on Key Initiatives for better governance

Karachi, December 05, 2014 (PPI-OT): According to K-Electric’s (KE) press statement, the company has signed a Memorandum of Understanding with National Database and Registration Authority (NADRA) after which the two will work together on key initiatives such as New Connection

K-Electric Board of Directors ratifies various accords of bringing new capacity of 850 MWs

Karachi, November 27, 2014 (PPI-OT): K-Electric’s Board of Directors have ratified various accords to enhance its capacity of electricity supply by about 850 MW which would help meet the rising demand of energy in Karachi, parts of Baluchistan and interior

K-Electric approves issuance of Sukuk worth Rs22 billion including green shoe option of Rs2 billion

Karachi, June 25, 2014 (PPI-OT): K-Electric (KE) in its press statement has announced the approval of its Board of Directors for issuance of Sukuk of up to PKR 22 billion, including a green shoe option of up to PKR 2

K-Electric signs accord for stable gas supply and repayment of arrears with Sui Southern Gas Company

Karachi, April 23, 2014 (PPI-OT): KE termed the signing of agreement a major achievement in the interest of its consumers. Press release stated that SSGC shall maintain minimum gas supply of 210mmcfd to KE during summer and 130mmcfd in winter.

Karachi Stock Exchange Market Hightlights of April 03, 2014

Karachi, April 03, 2014 (PPI-OT): KSE - MARKET HIGHLIGHTS S.NO RECORDS DATE CLOSING NET HIGHEST TOTAL PAID-UP MARKET CAPITALISATION INDEX CHANGE TURNOVER CAPITAL RS. IN MN. RS. IN MN. 01. Highest KSE-100 Index 03-04-2014 28336.36 404.34 - 1,151,053.26 6,831,486.63 02

K-Electric Sukuks listed on stock exchanges

Karachi, March 26, 2014 (PPI-OT): In its press statement KE was proud to announce that today marked the formal listing and commencement for trading of K-Electric Limited AZM SUKUK on the Karachi, Lahore and Islamabad Stock Exchanges. In a highly