Despite facing financial constraints, KE has made another payment of PKR 500 million to SSGC on 29 June 2022, bringing the total payout to over PKR 6 billion during the month.
Commenting on this KE Spokesperson said, “Despite ongoing financial challenges, KE continues to make payments to its fuel suppliers. We have made another payment of PKR 500 million to the SSGC on Wednesday, June 29, 2022.”
The leadership of K-Electric, including its CEO Mr. Moonis Abdullah Alvi, also met with the Provincial Minister of Energy Imtiaz Ahmed Shaikh and other representatives of political parties on Wednesday. The KE senior officials apprised them of the challenges being faced by the utility including the delay in the release of Tariff Differential Subsidies (TDS) claims and the rising cost of fuels for power production.