K-Electric
K-Electric (KE) (Urdu: کے الیکٹرک; formerly known as Karachi Electric Supply Company / Karachi Electric Supply Corporation Limited) is a public listed Company incorporated in Pakistan in 1913 as KESC. 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.
| Formerly | Karachi Electric Supply Corporation Limited Karachi Electric Supply Company Limited |
|---|---|
Traded as | PSX: KEL |
| 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) (2023) |
| Rs. 52.81 billion (US$180 million) (2023) | |
Net income | Rs. -30.89 billion (US$−110 million) (2023) |
| Total assets | Rs. 1.02 trillion (US$3.5 billion) (2023) |
| Total equity | Rs. 255.15 billion (US$880 million) (2023) |
Number of employees | 9,589 (2023) |
| Website | www |
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