K-Electric
| Formerly | Karachi Electric Supply Corporation Limited Karachi Electric Supply Company Limited |
|---|---|
| PSX: KEL KSE 100 component | |
| 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$1.9 billion) (2023) |
| Rs. 52.81 billion (US$190 million) (2023) | |
| Rs. -30.89 billion (US$−110 million) (2023) | |
| Total assets | Rs. 1.02 trillion (US$3.6 billion) (2023) |
| Total equity | Rs. 255.15 billion (US$910 million) (2023) |
Number of employees | 9,589 (2023) |
| Website | www |
K-Electric Limited, or KE, is a Pakistan-based investor-owned energy utility company headquartered in Karachi, Sindh, Pakistan. Originally established as a state-owned enterprise, the company was privatized in 2005. It is the only vertically integrated utility in Pakistan, supplying electricity and distributing energy across a 6,500 square kilometres (2,500 sq mi) territory that includes Karachi in Sindh and extends into parts of Balochistan.
The company is listed in the PSX, in which, its majority of shares (66.4%) are owned by the KES Power, a joint venture of Al-Jomaih Power Limited of Saudi Arabia, National Industries Group of Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The federal Government of Pakistan is listed as a minority shareholder with 24.36% holding in the company.
The KE serves power to 3.7 million customers across Karachi, Dhabeji, and Gharo in Sindh, as well as Uthal, Vinder, and Bela in Balochistan.