Karachi March 8 2024: There is no significant change in loadshed for KE’s service territory as per the quarterly review of the company’s network of over 2,000 feeders.
The last review was conducted in December 2023. The updated schedule is now available on the company’s website and is effective from March 07, 2024. Customers can also review for latest updates through the KE Live App and KE WhatsApp service.
Commenting on the update, the KE Spokesperson stated, “Despite inflationary challenges and tariff hikes, 71% of our network continues to receive uninterrupted power supply following our latest assessment of the levels of regular bill payment and electricity theft, two pivotal factors that determine an area’s loss profile. The remaining 29% is experiencing loadshedding in proportion to the loss profile with a maximum loadshed duration of 10 hours a day. With the month of Ramadan about to begin, KE will await government guidelines and extend maximum support in line with direction received.”
KE’s commitment to a dependable power supply follows substantial investment in electrical infrastructure and rigorous governance measures to remove kundas from the network. Since the beginning of the fiscal year, KE has conducted almost 20,000 citywide kunda removal drives, successfully eliminating over 200,000 kg of illegal wires siphoning off electric power. As part of the nationwide campaign against electricity theft, the power utility is actively collaborating with the government and law enforcement agencies against those involved in power theft. The spokesperson reiterated that these areas will be under continuous vigilance until the next review, underscoring the fact that the provision of “free electricity” is unsustainable in areas with low or declining bill payments. However, KE pledges its sincere support to those committed to eradicating power theft which is a pivotal step in improving power supply in high-loss regions. Furthermore, residents are encouraged to practice energy conservation and maintain their consumption at 200 units per month to lower their electricity costs.
ABOUT K-ELECTRIC:
K-Electric (KE) is a public listed company incorporated in Pakistan in 1913 as KESC. Privatized in 2005, KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 square kilometers 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.
