Recent events
Recent events tied to this brand in public sources.
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2022
K-Electric announces an electricity tariff increase
K-Electric announced a Rs1.7-per-unit increase in electricity prices for its customers, following the fuel adjustment for October 2021. NEPRA announced the increase; the source does not specify when the new tariff took effect.
2021
K-Electric announces offer alliances with foodpanda and Befiler
K-Electric announced strategic alliances with foodpanda and Befiler offering new KE Live App users discounts on foodpanda orders and Befiler tax-filing and registration services.
2021
K-Electric partners with Avanza Solutions on real-time payment system
K-Electric partnered with Avanza Solutions to implement a Real-Time Payment System based on Avanza’s e-BPS platform.
2020
K-Electric center earns LEED Gold certification
K-Electric said its renovated integrated business center on Tipu Sultan Road in Karachi earned LEED Gold Green Building certification.
2020
K-Electric launches tele-billing service
K-Electric launched a 24/7 tele-billing facility for elderly and differently-abled consumers, allowing them to resolve technical and billing-related concerns by telephone.
2020
K-Electric appoints Shan A Ashary as board chairperson
K-Electric appointed Shan A Ashary as chairperson of its board, replacing Riyadh S A A Edrees, effective September 7, 2020.
2020
NEPRA fines K-Electric Rs200 million over prolonged outages
NEPRA reported that it fined K-Electric Rs200 million for unannounced and prolonged power outages in Karachi; the authority rejected the utility’s justification and directed it to pay within 15 days.
2020
Riyadh S.A.A. Edrees becomes K-Electric board chairperson
Riyadh S.A.A. Edrees took up his role as chairperson of K-Electric's board on April 9, 2020; the appointment was reported on April 16.
2020
K-Electric announces temporary change to bill calculations
K-Electric announced a temporary change to the consumption value used to calculate customer bills, using the lower of the previous 11-month average or the corresponding month of the previous year. The article said the measures would eventually be adjusted in future bills.
2019
K-Electric chairman resigns
K-Electric announced that chairman Ikram Ul-Majeed Sehgal resigned from the company’s directorship effective November 6, 2019, following differences with board directors over business strategy.