K-Electric Ltd (KE) is a vertically integrated electric utility. It generates, procures, transmits, and distributes electricity. The company produces power using coal, gas and fuel sources; and has power purchase agreements from various independent power producers, the Karachi Nuclear Power Plant, Independent Power Producers (IPPs), and Central Power Purchasing Agency (Guarantee) Limited. K-Electric also provides energy conservation and energy efficiency services such as energy conservation awareness campaigns, energy audits, and power factor improvement. It supplies electricity to industrial, commercial, government, agricultural and residential customers in Sindh and Balochistan provinces. K-Electric is headquartered in Karachi, Sindh, Pakistan.
Headquarters
Pakistan
Address
Kesc House, 39-B, Sunset Boulevard, Phase-Ii, Defence Housing Authority, Karachi
Website
www.ke.com.pk
Telephone
92 21 32637133
No of Employees
10,274
Industry
Power
Ticker Symbol & Exchange
KEL (PSX)
Revenue (2021)
$1.8B
12.5%
(2021 vs 2020)
EPS
XXX
Net Income (2021)
XXX
505.5%
(2021 vs 2020)
Market Cap*
$356.8M
Net Profit Margin (2021)
XXX
461.8%
(2021 vs 2020)
* As of and is in US$
Explore premium data & analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Transmission and Distribution |
| Energy Efficiency and Conservation Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2021 | Contracts/Agreements | In August, the company and Pakistan LNG Limited (PLL) signed a gas supply agreement for the supply of 150mmcfd re-gasified liquefied natural gas (RLNG) for K-Electric’s 900MW plant. |
| 2021 | Contracts/Agreements | In June, the company entered into a partnership with Easypaisa to extend a convenient and hassle-free bill payment solution for the power utility’s customers. |
| 2021 | Plans/Strategy | In April, the company announced its plans to sell 66.40% of its stake to Shanghai Electric Power Co Ltd. |
Competitor Comparison
| Key Parameters | K-Electric Ltd | Kot Addu Power Co Ltd | Jamshoro Power Co Ltd | Northern Power Generation Company Limited | Rousch (Pakistan) Power Limited |
|---|---|---|---|---|---|
| Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
| City | Karachi | Lahore | Jamshoro | Muzafar Garh | - |
| State/Province | - | - | Sindh | - | - |
| No. of Employees | 10,274 | 535 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Riyadh S. A. A. Edrees | Chairman | Executive Board | 2020 | - |
| Syed Moonis Abdullah Alvi | Director; Chief Executive Officer | Executive Board | 2018 | - |
| Muhammad Aamir Ghaziani | Chief Financial Officer | Senior Management | - | - |
| Muhammad Rizwan Dalia | Secretary; Chief People Officer | Senior Management | 2018 | - |
| Syed Fakhar Ahmed | Chief Marketing & Communication Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer