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Tag: energy crisis

K electric seeks $400 million
Business
  • Hum News
  • Oct 04, 2023
K-Electric seeks $400 million foreign funding to meet rising power demand

K-Electric Ltd., Karachi’s major power distributor, is actively engaging with international financial institutions in an effort to secure approximately $400 million.

electricity theft
HIT
  • Hum News
  • Sep 09, 2023
Massive electricity theft uncovered: Rs670 billion lost in 15 months

In a shocking revelation, it has come to light that ordinary consumers and government employees in Pakistan have been involved in electricity theft, resulting in a staggering loss of Rs670 billion over the past 15 months. The findings, based on official data, indicate a deeply concerning trend in the country’s energy sector.

K-electric
Latest
  • Hum News
  • Jul 12, 2023
Majority owners of offshore holding seek direct stake in K-Electric

The power utility’s holding structure has widely been considered an impediment to its acquisition by China’s state-owned Shanghai Electric, a deal that has lingered for years due to regulatory and legal hurdles in Pakistan.

power tariff
Breaking
  • Web Desk
  • Jul 07, 2023
Power cuts worsen, shortfall reaches up to 7,000MW

Latest

Pakistan, ADB sign $700m loan agreement to reform financial, insurance sectors
  • Web Desk
  • 18 Minutes ago
Pakistan, ADB sign $700m loan agreement to reform financial, insurance sectors
PM Sharif, CDF Munir meet Iranian delegation ahead of Swiss peace talks
  • Web Desk
  • 24 Minutes ago
PM Sharif, CDF Munir meet Iranian delegation ahead of Swiss peace talks
Iran says Lebanon truce violations, frozen assets top agenda in Switzerland talks
  • Web Desk
  • 53 Minutes ago
Iran says Lebanon truce violations, frozen assets top agenda in Switzerland talks
UK PM Starmer’s future in question as Labour Party revolt grows
  • Web Desk
  • 1 Hour ago
UK PM Starmer’s future in question as Labour Party revolt grows
JD Vance meets PM Sharif, Field Marshal Asim Munir ahead of crucial US-Iran talks
  • Web Desk
  • 2 Hours ago
JD Vance meets PM Sharif, Field Marshal Asim Munir ahead of crucial US-Iran talks
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