KE Investment Plan worth Rs 484b submitted to Nepra

In order to maintain a steady supply of energy to Karachi, K-Electric has submitted a Transmission and Distribution Investment Plan with a total budget of 484 billion rupees for the fiscal years 2024–2030.

KE’s plan puts the needs of customers first and uses new technologies to make the network more reliable. KE Duplicate Bill | How To Check Online

This will ensure a continuous and dependable supply of electricity while also boosting Karachi’s development, progress, and sustainability.

KE will invest a total of Rs 484 billion in the transmission and distribution business. This is to meet the expected rise in power use and to try to cut down on power loss.

The new plan focuses on the introduction of targeted investments in technology-driven networks to increase the network’s dependability and safety.

KE is also making attempts to make it possible for off-take power from other sources such as the National Grid.

It also targets power that is economical, secure, dependable, and smooth.

Additionally, it desires to make investments in climate-resilient and environmentally responsible electricity supply infrastructure.

Since the company was privatized, KE has more than doubled its customer base and power usage while also cutting its T&D losses in half.

This was made possible by value chain investments that amounted to a total of PKR 474 billion.

Since its privatization in 2005, KE has made the greatest strides in cutting its losses, as stated in the NEPRA State of Industry Report.

The new investment plan will improve KE’s operations, and the company’s mission is to put the needs of the consumer first.

As the market evolves into an open ecosystem, we eagerly anticipate the opportunity to provide our clients with the highest quality services, KE said.

K-Electric (KE) was established as a publicly traded corporation in 1913. Electricity is provided by KE, which was privatized in 2005 and is Pakistan’s only vertically integrated power company.

KE services Karachi and the territories immediately surrounding it. The proportion of KES Power’s shares that are listed on the PSX is 66.4%, while the GOP’s shareholding is 24.36 %.