Formerly | Karachi Electric Supply Corporation Limited Karachi Electric Supply Company Limited |
---|---|
PSX: KEL KSE 100 component | |
Industry | Energy |
Founded | September 1913 |
Headquarters | KE House, DHA, Karachi-75500 |
Area served | Karachi, Sindh, Pakistan |
Key people | |
Services | Electricity Generation, Transmission & Distribution |
Revenue | Rs. 519.47 billion (US$1.8 billion)[1] (2023) |
Rs. 52.81 billion (US$180 million)[1] (2023) | |
Rs. -30.89 billion (US$−110 million)[1] (2023) | |
Total assets | Rs. 1.02 trillion (US$3.5 billion)[1] (2023) |
Total equity | Rs. 255.15 billion (US$880 million)[1] (2023) |
Number of employees | 9,589[1] (2023) |
Website | www |
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.