K-Electric Limited

KEL

PK0000501012

Electric Utilities

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
4.14 ^PKR	+2.22%		-5.26%	-21.29%

Apr. 22	Shanghai Electric Power pulls offer to buy stake in Pakistan's K-Electric	RE
2023	K-Electric Limited Reports Earnings Results for the Full Year Ended June 30, 2023	CI

K Electric : Signing Ceremony of Shariah Pronouncement for KE's Upcoming PKR 25 Billion SUKUK - Press Release issued by K-Electric

December 12, 2019 at 11:59 pm EST

December 12, 2019 (PPI-OT)

Following is the text of press release issued by K-Electric

Quote

K-Electric plans to issue Pakistan's largest ever retail-listed Sukuk worth PKR 25 billion (including PKR 5 billion green shoe option). Picture shows members of the Transaction Shariah Advisory Board signing the Shariah Pronouncement for the Issue at the KE head office. Senior members of KE, HBL and NBP management can also be seen in the photo. HBL is the Exclusive Shariah Structuring Advisor, while HBL and NBP are Joint Structuring Agents for the transaction.

For more information, contact:Media and PR Department,K-ElectricKE House, 39-B, Sunset Boulevard, Phase-II,Defence Housing Authority, Karachi, PakistanTel: +92-21-32637133, +92-21-38709132Cell: +92-300-2281183, +92-346-8223641Website: https://www.ke.com.pk

Unquote

Latest news about K-Electric Limited

Shanghai Electric Power pulls offer to buy stake in Pakistan's K-Electric	Apr. 22	RE
K-Electric Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-09-14	CI
Court backs majority owner of Pakistan's K-Electric holding firm over board tussle	23-08-18	RE
CAYMAN COURT ORDERS MINORITY SHAREHOLDERS IN PAKISTAN'S K-ELECTR…	23-08-18	RE
Oracle Power notes successful survey at green hydrogen plant	23-07-28	AN
Majority owners of offshore holding seek direct stake in Pakistan's K-Electric	23-07-12	RE
MAJORITY SHAREHOLDERS OF OFFSHORE HOLDING THAT OWNS MOST OF PAKI…	23-07-12	RE
Shanghai Electric Power Co., Ltd. cancelled the acquisition of 66.40% stake in K-Electric Limited from KES POWER LTD.	23-06-26	CI
Oracle Power signs deal for Thar power plant in Pakistan	23-05-16	AN
Oracle Power plc Signs Memorandum of Understanding for the Off-Take and Development of Thar Coal Power Plant	23-05-16	CI
K-Electric Limited Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023	23-04-27	CI
K-Electric Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022	23-02-26	CI
Pakistan says power grid restored after second major breakdown in months	23-01-24	RE
Pakistan begins restoring power after second major grid breakdown in months	23-01-22	RE
Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited from KES POWER LTD.	23-01-19	CI
K-Electric Limited Reports Earnings Results for the First Quarter Ended September 30, 2022	22-10-27	CI
K-Electric Limited Announces Resignation of Ms. Sadia Khurram as Non-Executive Director	22-10-24	CI
K-Electric Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-10-04	CI
K-Electric Limited Appoints Mr. Mark Gerard Skelton as Chairman of the Company with Effect from August 11, 2022 in Place of Mr. Shan A. Ashary	22-08-11	CI
K-Electric Limited Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2022	22-04-27	CI
K-Electric Limited Announces Board Changes	22-04-04	CI
K-Electric Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021	22-02-28	CI
K-Electric Limited Announces Management Changes	22-01-26	CI
Shanghai Electric Power Company Limited cancelled the acquisition of 66.4% stake in K-Electric Limited.	21-12-28	CI
K-Electric Limited Announces Board Changes	21-10-29	CI

Chart K-Electric Limited

Duration

Period

More charts

Company Profile

K-Electric Limited is a Pakistan-based company, which is principally engaged in the generation, transmission, and distribution of electric energy to industrial and other consumers. Its segments include Generation, Transmission and Distribution. The Company supplies power to all residential, commercial, industrial, and agricultural areas that fall under the city's ambit and beyond, serving over 2.5 million customers across Karachi, Dhabeji and Gharo in Sindh, and Uthal, Vinder and Bela in Balochistan. It produces electricity from its own generation units with installed capacity of about 1875 megawatts (MW) and in addition, it has arrangements with external power producers for around 1680 MW, which include 1100 MW from the national grid. Its transmission system consists of approximately 1354 kilometers of 220 kilovolts (kV), 132kV and 66kV lines, with 71 grid stations, 20 auto transformers and 181 power transformers. Its distribution network spans across 6,500 square kilometers.

Sector

Electric Utilities

More about the company

Income Statement Evolution

More financial data

Sector Other Electric Utilities

	1st Jan change	Capi.
K-ELECTRIC LIMITED	-21.29%	411M
NEXTERA ENERGY	+9.58%	137B
SOUTHERN COMPANY	+5.41%	80.83B
IBERDROLA, S.A.	-2.86%	77.52B
DUKE ENERGY CORPORATION	+1.98%	76.34B
ENEL S.P.A.	-9.54%	66.08B
CONSTELLATION ENERGY CORPORATION	+59.26%	58.66B
AMERICAN ELECTRIC POWER COMPANY, INC.	+6.34%	45.48B
DOMINION ENERGY, INC.	+9.00%	42.91B
GE VERNOVA INC.	0.00%	39.77B