Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, while expressing sheer dismay over the government’s decision to suspend gas supply to Captive Power Plants (CPPs) by…
City if lights is going through peak summers and as usual power outages, low voltages and over-billing, the routine that citizens of the metropolitan city have endured for many years.…
Gas tariff should be cost-based, cross-subsidization be discontinued: President KCCI: KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while welcoming federal government’s willingness to provide cheaper…
Committed to providing clean, affordable, and sustainable power for people of Pakistan including K-Electric’s growing base of over 3.4 million customers, CEO K-Electric, Mr. Syed Moonis Abdullah Alvi and Mr.…
Karachi, January 11, 2023: Promoting a culture of bill payments through digital means, K-Electric (KE) has partnered with Visa, the world leader in digital payments, and Savyour – Pakistan’s only…
KARACHI: Karachi Tax Bar Association (KTBA) has moved against notices issued by the Inland Revenue to Malls, Amusement Parks etc asking them to collect income tax on electricity bill. KTBA…
Challenging geopolitical and macroeconomic factors have had a cascading impact on multiple sectors including KE which grapples with immense challenges during the first quarter of FY23. Surging inflation, policy rate…
A continued bottleneck on the release of over PKR 380 billion in Tariff Differential Subsidy (TDS) claims is aggravating KE’s cashflow challenges. As of August 2022, the company’s receivables from…
Eight industrial associations of Karachi collectively denounced the decision to supply Captive Power Plants with subsidized indigenous gas, terming it a violation of the Gas Allocation Policy 2018. They revealed…
KARACHI: As sporadic bursts of heavy rain and strong winds hit Karachi on Wednesday, K-Electric ensured the power supply to the city. During the current spell, the maximum number of…
SSGC would once again like to reiterate that the only GSA signed between SSGC and KE was for 10 mmcfd and despite less gas being injected into SSGC’s system from…
Karachi: The Board of Directors of K-Electric Limited (KE) in its meeting held on November 27, 2020, at the KE head office, approved the Company’s financial results for the quarter…
Karachi: K-Electric (KE) and the National Electric Power Regulatory Authority (NEPRA) organized a joint session where the publicly owned DISCO’s were briefed about KE’s journey and experience as the first…
Karachi: K-Electric (KE), Pakistan’s sole vertically integrated power utility, and Daraz, Pakistan’s leading ecommerce platform, have entered into a partnership to offer Karachi-based customers a convenient digital payment solution via…
KARACHI: Chairman Businessmen Group (BMG) & Former President KCCI Siraj Kassam Teli and President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan have appealed Prime Minister Imran…
Karachi: In light of the COVID-19 crisis and the city-wide restrictions, K-Electric has notified NEPRA that it will facilitate customers by using the consumption value of either the previous 11…
Karachi: Mahreen Aziz Khan has joined K-Electric (KE) as the first female CxO since the company’s transformation began in 2009. Ms. Khan is part of the KE Leadership as Chief…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan closed a door of un-necessary litigation as court dismissed petition…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan closed a door of un-necessary litigation as court dismissed petition…
KARACHI: Worried over future of Karachi amid financial bankruptcy of Karachi Metropolitan Corporation (KMC), a bench of Supreme Court of Pakistan comprising Justice Maqbool Baqar and Justice Sajjad Ali Shah…