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Kuwaiti-based Enertech holding explores collaboration with K-Electric

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“Pakistan’s energy landscape is rapidly changing, and clean energy is increasingly taking center stage. At EnerTech Holding, we have been exploring various markets and identifying partners in leading utilities with whom we can collaborate and catalyze the transformation.

We’re very pleased to see K-Electric’s ambitions for Karachi and its alignment with the country’s renewable energy vision. We believe that a collaboration which combines EnerTech’s expertise and K-Electric’s legacy can have tremendous implications to accelerate these efforts.”

These comments were made by His Excellence Abdallah Al-Mutairi, CEO of EnerTech Holding during a meeting with CEO K-Electric, Moonis Alvi.

The meeting between EnerTech and KE management marks a significant step towards furthering clean technology initiatives in the region, which form an integral part of KE’s forward-looking vision.

In addition to a PKR 484 billion investment plan in transmission and distribution until the year 2030, K-Electric has also shared a comprehensive Power Acquisition Program outlining the inclusion of up to 1200 MW of renewable energy into its generation mix through strategic partnerships across the country.

 

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