Trends - KE - Business Recorder

KE

Unannounced loadshedding hits Karachi again

KE is of the view that the issue is due to low gas pressure that has adversely hit its generation capacity, as various areas suffer from 8 to 12 hours of load shedding.

Published 23 Sep, 2020 10:38am

Business & Finance

KE admits it experienced 'cyber incident', customers may experience disruption

All critical customer services including bill payment solutions and 118 call-centre are operational and fully functional.

Updated 10 Sep, 2020 12:15pm

Technology

Ransomware attack hits K-Electric, disrupts billing, online services

K-Electric could not issue electricity bills to its consumers in various regions as its billing system became non-functional after the attack.

Updated 09 Sep, 2020 04:04pm

Business & Finance

State of Industry Report 2019: KE performance remains unsatisfactory in 2018-19

As per the report, the installed capacity of KE’s own generation fleet during FY 2018-19 has been noted as 2,294 MW same as compared to FY 2017-18.

Published 31 Aug, 2020 02:31pm

Business & Finance

Most parts of Karachi suffers power outages as KE urges public to cooperate

24 hours have passed since the power outage in Quaidabad, Gulshan-e-Bunir, Gulshan-e-Hadid, and Gulshan-e-Maymar, power is off in Gulistan-e-Jauhar Block 19, Gulshan-e-Iqbal 13D, 13C as well.

Updated 28 Aug, 2020 02:49pm

Supreme Court orders to place K-Electric chief's name on ECL

Justice Gulzar also ordered to conduct an audit of the power company

Published 11 Aug, 2020 05:02pm

Business & Finance

Technical glitch at Bin Qasim power plant leads to 130 MW shortfall

The power utility is facing a 130 MW reduction in power generation capacity, which will lead to temporary load management in low-loss areas.

Published 14 Jul, 2020 11:51am

Pakistan

Power outage continues in Karachi

According to experts, the poor transmission system of KE and the reduction in production is the main reason for the power outage.

Published 10 Jul, 2020 11:08am

Business & Finance

NEPRA to hold public hearing against KE tomorrow

Since last month, K Electric has started a series of unannounced and unannounced load-shedding under the pretext of furnace oil and gas supply, which has left the citizens helpless amid soaring temperatures.

Published 09 Jul, 2020 04:39pm

Business & Finance

Omar Ayub blames KE for not improving system, as govt to provide additional power

The minister told the House, that they are providing an additional 100 megawatts of electricity to the KE, which is more than the contract agreement signed with it.
The government will provide more gas to the KE, which will result in generating 200MW of electricity.

Updated 09 Jul, 2020 03:40pm

Pakistan

Load shedding, high voltage leading to financial worries

Residents of the area say that the duration of load shedding in the area is three hours. They said that their complaint is not being registered at the complaint center.

Published 06 Jul, 2020 01:43pm

Business & Finance

KE to present $2bn investment plan for Karachi power infrastructure

In a statement, KE spokesperson said that these investments would be utilized to improve generation, transmission & distribution system of the power utility.

Published 04 Jul, 2020 03:37pm

Pakistan

Despite KE assurance, load shedding keeps Karachi in dark

The duration of load shedding in the city has increased from 7 to 10 hours due to which the citizens are facing difficulties in the ongoing hot weather.
The power outage in Karachi is rampant, while KE is reluctant to name the areas affected by the power outage and is anxious to discuss future plans.

Published 04 Jul, 2020 11:22am

Business & Finance

Work initiated to receive additional electricity from National Grid: KE

“Work has been initiated to receive additional power from National Grid upon confirmation last month,” said KE spokesperson.
Last month, the federal government has announced that it is ready to provide additional 500 MW from the National Grid.

Published 04 Jul, 2020 10:58am

Business & Finance

Load shedding to prolong after KANUPP supply to KE suspended

“Due to technical fault at KANUPP plant, power supply to parts of Karachi may be impacted due to resultant shortfall of 60MW,” informed KE spokesperson.

Published 03 Jul, 2020 02:34pm

Pakistan

K-Electric customers can now pay their bills through Bykea

In order to pay their utility bill, customers can now simply call 0307-1234567.

Updated 02 Jul, 2020 05:12pm

Markets

KE acquisition: Shanghai Electric makes a fresh PAI

Earlier, the sale of KE to Shanghai Electric could not be completed, after Shanghai Electric withdrew the offer at the end of the contract period.

Published 30 Jun, 2020 11:41am

Markets

KE purchase, Shanghai Electric withdrew offer

As per details, the sale of KE to Shanghai Electric could not be completed. Shanghai Electric withdrew the offer at the end of the contract period.

Published 27 Jun, 2020 12:37pm

Business & Finance

Karachi load shedding: Federal govt ready to provide additional 500 MW to KE

A spokesperson of the Ministry of Energy said that the federal government is providing 800MW electricity to KE and is ready to provide an additional 500 MW from National Grid.

Published 26 Jun, 2020 04:08pm

Business & Finance

Karachi’s load shedding situation to improve in 48 hours, assures KE

Talking to media CEO KE Alvi said that the authorities have assured him that KE will be provided furnace oil from some Independent Power Producers (IPP) and the situation will normalize.

Updated 26 Jun, 2020 05:10pm

Business & Finance

No reduction in gas supply to K-Electric: SSGC

As per details, SSGC spokesperson said that the company had not reduced its gas supply for K-Electric, beside the supply has been increased from 50 million cubic feet to 240 million cubic feet.

Published 25 Jun, 2020 03:27pm

Business & Finance

Nepra gives 'strict directions' to KE against load shedding, excessive billing

The regulator said that it has come to its knowledge through media reports that "inflated" electricity bills are being charged to the consumers of K-Electric.

Published 25 Jun, 2020 02:08pm

Pakistan

Unannounced load shedding continues across Karachi

K-Electric, the chief power provider in the city has blamed the reduction in furnace oil and gas for affecting production capacity.

Published 24 Jun, 2020 12:00pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 19	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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