KARACHI: In a significant move, K-Electric, the sole electric distribution company in Karachi, has finally acquired 20-year distribution supply licences from National Electric Power Regulatory Authority (NEPRA) as its six-month extension expired today, ARY News reported on Friday.
The electricity distribution company had sought non-exclusive distribution and supplier licences for the next 20 years ahead of the liberalisation of the power sector. The K-electric s previous 20-year license reached its term in July 2023.
Subsequently, NEPRA granted a six-month extension to K-Electric Limited (KE) on a provisional basis – which “guaranteed” uninterrupted power supply to Karachi, one of Pakistan s largest and most populous cities.
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