The National Electric Power Regulatory Authority (NEPRA) has renewed power distribution and supply licenses of K-Electric for a period of 20 years. This non-exclusive license renewal follows KE’s request for a non-exclusive license ahead of the liberalization of the power sector. The decision for renewal followed a comprehensive hearing that concluded on 28 November 2023. Post-hearing, NEPRA has now authorized K-Electric to continue its power supply operations in Karachi, Uthal, Bela, Vinder, Hub, Dhabeji, and Gharo. KE’s previous 20-year license had reached its term in July 2023.
Subsequently, NEPRA had provided KE with an interim distribution license for six months, which was nearing its expiration in January 2024.