Business

Nepra extends KE’s licence for 20 years

Non-exclusive license renewal follows KE's request for non-exclusive license ahead of liberalisation of power sector

By Saif Ur Rehman

Published January 19, 2024

Men work on electric pylons along the roadside in Karachi on May 30, 2021. — AFP/File

The National Electric Power Regulatory Authority (Nepra) Friday granted K-Electric (KE) a 20-year extension for supplying power to the metropolis and other cities.

Nepras decision. — Reporter — Nepra's decision. — Reporter

This non-exclusive license renewal follows KE's request for a non-exclusive license ahead of the liberalisation of the power sector.

KE's previous 20-year license reached its term in July 2023.

Subsequently, NEPRA provided KE with an interim distribution license for six months, which was nearing its expiration in January 2024.

The decision for renewal followed a comprehensive hearing that concluded on November 28, 2023. Post-hearing, Nepra has now authorised K-Electric to continue its power supply operations in Karachi, Uthal, Bela, Vinder, Hub, Dhabeji, and Gharo.

Share this story: