K-Electric

K-Electric Limited
FormerlyKarachi Electric Supply Corporation Limited Karachi Electric Supply Company Limited
PSXKEL
KSE 100 component
IndustryEnergy
FoundedSeptember 1913; 111 years ago (1913-09)
HeadquartersKE House, DHA, Karachi-75500
Area served
Karachi, Sindh, Pakistan
Key people
  • Mark Gerard Skelton (Chairman)
  • Syed Moonis Abdullah Alvi (CEO)
ServicesElectricity Generation, Transmission & Distribution
RevenueIncrease Rs. 519.47 billion (US$1.8 billion)[1] (2023)
Decrease Rs. 52.81 billion (US$180 million)[1] (2023)
Decrease Rs. -30.89 billion (US$−110 million)[1] (2023)
Total assetsDecrease Rs. 1.02 trillion (US$3.5 billion)[1] (2023)
Total equityIncrease Rs. 255.15 billion (US$880 million)[1] (2023)
Number of employees
9,589[1] (2023)
Websitewww.ke.com.pk

K-Electric (KE) (Urdu: کے الیکٹرک), formerly known as Karachi Electric Supply Company or Karachi Electric Supply Corporation Limited, is a Pakistani utility company based in Karachi.

Privatised in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.

  1. ^ a b c d e f "K-Electric Annual Report 2023" (PDF). ke.com.pk. Retrieved 29 November 2023.