k-electric

K-Electric accused of overbilling govt institutions

Sindh Energy Minister accuses K-Electric of overbilling government departments, estimating over Rs 20 billion excess charges in 10 years. An audit revealed Rs 2 billion overbilling in the past year. Despite investment in smart meters, K-Electric failed to install them. Minister vows to protect citizens and form a committee to address overbilling issues.

K-Electric fails to enhance cheaper electricity generation: NEPRA

NEPRA report states K-Electric failed to increase cost-effective renewable energy generation, relying on expensive sources. NEPRA expressed dissatisfaction with K-Electric's focus on costly electricity generation and its minimal use of renewable energy. The authority had advised deploying more renewable energy plants to reduce costs. K-Electric's 20-year license expired in July 2023.

K-Electric, Pakistan govt ink agreements to ‘settle long-term disputes’

The Pakistan government and K-Electric signed agreements to resolve long-term disputes, aiming to improve power supply and address issues. The agreements include tariff differential subsidy, power purchasing, and mediation agreements. The renewal of K-Electric's license was also discussed. The government is working to ease the power sector and congratulated the people of Karachi on the landmark agreements.

ECC okays proposal to resolve issues between K-Electric, govt entities

The Economic Coordination Committee (ECC) approved the draft of a key agreement between K-Electric (KE) and the government of Pakistan entities. This includes the Power Procurement Agency Agreement, Inter-Connection Agreement, Tariff Differential Subsidy Agreement, and Mediation Agreements. The ECC also directed the Power Division to present KE's generation enhancement plan to the Cabinet Committee on Energy. - Khabristan.PK