K-Electric Ltd - Company Profile
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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.
K-Electric Ltd premium industry data and 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 |
---|---|---|
2023 | Others | In October, the company received a takeover offer from Shanghai Electric Power. |
2023 | Contracts/Agreements | In May, the company entered into an agreement with Government of Sindh, Oracle Power, and PowerChina to the probable construction of a 2x660 MW coal-fired power station using Thar coal. |
2023 | Plans/Strategy | In February, the company announced its plans to invest INR484 billion in transmission and distribution business. |
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 | 9,619 | 449 | - | - | - |
Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
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 | Chief People Officer; Secretary | Senior Management | 2018 | - |
Dale Sinkler | Chief Generation & Transmission Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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