Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: K-Electric delegation represented Pakistan at the first regional conference of the Women in Power Sector Network in South Asia (WePOWER) forum, held in Kathmandu, Nepal. The conference was organized…
KARACHI: K-Electric has decided to raise debt worth up to Rs25 billion to finance ongoing projects in the areas of power generation, transmission and distribution and to finance day-to-day expenditure.…
KARACHI: The K-Electric has sought removal of requirement, imposed by the power regulator, to utilize 130 mmcfd of local gas prior to using RLNG, which would enable it to consume…
ISLAMABAD: After protests by local refineries, the government has notified a complete ban on import of furnace oil, ending an earlier exemption allowed to K-Electric. The decision was reportedly taken…
KARACHI: To raise the performance level of the transmission licensees, National Electric Power Regulatory Authority (NEPRA) will conduct periodical monitoring of the licensees as the National Transmission & Dispatch Company…
KARACHI: K-Electric (KE) Board of Directors today elected Ikram Sehgal as the new Chairman of the Board of Directors with immediate effect. Ikram Sehgal succeeds Tayyab Tareen who resigned from…
KARACHI: In continuation of K-Electric’s massive campaign against defaulters and power theft, the power utility has installed over 9600 meters in several parts of Karachi. The power-utility is facilitating residents…
KARACHI: K-Electric intensifies efforts against default and power-theft with more than 300 customer facilitation camps held across the city, to enable residents to clear their outstanding dues through on-spot facilitation.…
KARACHI: The World Bank’s Doing Business Reform Advisory Mission visits K-Electric to discuss the customer-friendly initiatives introduced by the power utility for industries.
KARACHI: K-Electric organized an energy conservation seminar at the Korangi Association of Trade & Industries (KATI) recently. The seminar was attended by more than 75 representatives from KATI members and…
KARACHI: NEPRA has imposed a fine of Rs2 million on K-Electric for non-compliance of performance standards, particularly failure to restore the power supply within the prescribed time frame and ensure…
KARACHI: The federal budget 2018-19 has proposed to allocate a sum of Rs175 billion under subsidies and grants. A total estimate of subsidies for budget 2018-19 is 0.5 percent of…
KARACHI: The decision of Large Tax-payer Units Karachi (LTUs-Karachi) of freezing K-Electric’s accounts from August 31 is against the law as an Appellate Tribunal Inland Revenue (Karachi) had already granted…
Karachi: NAB Karachi has arrested three accused namely Mumtaz ul Haq, Ex-Additional Director, Karachi Development Authority (KDA), Akhlaq Ahmed, Ex-Director Planning, Master Plan and Munir Ahmed Khan, Ex-Assistant Director, Master…
KARACHI: K-Electric Limited and Bahria Town have signed a memorandum of understanding (MoU) to collaborate in setting-up an LNG based power generation project and a coal-fired power project with a…