Home Business & Finance Year in review: K-Electric shows steady progress during 2025

Year in review: K-Electric shows steady progress during 2025

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News Desk

KARACHI: In a year marked by a return to economic stability, K-Electric (KE), Pakistan’s only vertically integrated power utility, showed steady progress across generation, transmission, distribution, and supply, alongside continued investments in digital transformation and customer engagement.

Moonis Alvi, KE CEO, said: “K-Electric has always focused on customer satisfaction, and we will continue to facilitate our customers with utmost dedication. Karachi is our responsibility and we will serve the city with all our effort. The revised MYT has presented new challenges, but we will balance the best of what we have to offer to both the city and the company.”

KE’s year-end review highlights its focus on reliable power for Karachi’s households, businesses, and industries, while addressing the city’s unique operational and demand dynamics. Karachi recorded a peak demand of 3,563 MW in June 2025, met with 3,545 MW supply, demonstrating KE’s grid resilience. Average demand from January to November hovered around 2,353 MW, with monthly averages ranging from 1,470 MW in winter to 2,920 MW in summer.

KE’s generation infrastructure played a key role in meeting seasonal demand. The utility optimised existing assets while planning future capacity additions aligned with affordability and sustainability goals. KE also advanced its clean energy transition, securing Pakistan’s lowest renewable tariffs (PKR 8.9–11.6/unit) for 640 MW of projects at Dhabeji, Winder, and Bela, pending regulatory approvals.

Transmission infrastructure strengthened Karachi’s power supply, with the KKI grid increasing offtake capacity to 2,000 MW from the national grid, supporting stability and access to cheaper energy. KE also tackled electricity theft, removing over 25,000 kundas and nearly 320,000 kg of illegal wiring.

Customer-focused initiatives included 310 facilitation camps, aiding billing, payments, new connections, and meters, contributing to recoveries of PKR 409 million. Industrial growth was supported with 339 new industrial connections adding 136.4 MW, while 9,676 net-metered customers added over 230 MW of renewable capacity.

Digital transformation reshaped customer experience and operations. KE launched Kineto, Pakistan’s first AI-powered utility chatbot, handling nearly 3,000 daily queries, and implemented SAP S/4HANA RISE to strengthen cybersecurity and decision-making. Digitally connected customers rose to 2.7 million, e-billing adoption increased to 13 percent, and 70 percent of bills were paid digitally. Over 1.2 million customers actively used the KE Live App by December. KE also won the Grand Prix and a Gold Effie at Effie Awards Pakistan 2025 for its energy conservation campaign ‘Farq Parta Hai’.

KE’s Energy Progress & Innovation Challenge (EPIC) fostered creativity and localisation in the energy sector, receiving over 250 entries on AI-driven forecasting, machine learning–based asset diagnostics, IoT fleet tracking, real-time energy theft detection, renewable integration, and battery storage optimization.

The year also saw KE’s Multi-Year Tariff approved, with NEPRA revising the determination downwards, now challenged in court. NEPRA also approved write-off claims of approximately PKR 50 billion for FY 2017-2023, recognising them as legitimate costs.

As KE moves into 2026, the utility remains focused on strengthening infrastructure, supporting industrial growth, improving recoveries, and expanding digital access, while balancing affordability, reliability, and regulatory compliance.

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