During a ceremony recently held at KE Head Office, the company inked a Memorandum of Understanding (MoU) with House of Habib to collaborate for sourcing locally manufactured components for its electricity infrastructure requirements while complementing the ‘Made in Pakistan’ ideology.
KE is committed to initiatives focused on localisation and has already begun streamlining reliable local alternatives for components such as protection covers for HT bushing, DO Cutout, fuse base, cable end caps and PPEs including safety gloves. Both organisations have joined hands to fortify and indigenise the power sector supply chains through emphasis on locally sourced components, which will serve as resourceful catalysts in energising the city.
The estimated gains for KE worth PKR 30 billion for the next 7 years await proactive participation. House of Habib will therefore be supplying KE with the 300 sq mm pre-moulded HT cable joints, piercing connectors, cable ties and clamps which will further be followed by the addition of other components in the future.
“Embracing locally procured components stands as a cornerstone towards our commitment for obtaining operational excellence. Beyond efficiency gains, it can empower regional economies and foster sustainable supply chains. Pakistan’s power sector is undergoing a transformation, presenting tremendous opportunity to catalyse the growth of our nation’s industrial prowess.
Our partnership with House of Habib – an industry stalwart – also demonstrates our seriousness towards this goal of enabling self-reliance and resilience in our energy infrastructure,” said Moonis Alvi CEO, KE. “Partnering with KE is a step towards driving growth which will trickle down and strengthen our supply chains. We therefore envision a sustained journey towards paving the way for a brighter future.” – Tayyab Tareen, Vice Chairman House of Habib.
