The National Electric Power Regulatory Authority (NEPRA) has renewed the 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.
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.
وَتُعِزُ مَن تَشَاء وَتُذِلُ مَن تَشَاء
KE’s dream to continue serving Karachi has AH been fulfilled today!
The Distribution & Supply Licenses granted by NEPRA,valid for 20yrs,will further fuel our ambition to conquer new frontiers in energy sector & attain service excellence pic.twitter.com/9J9oJUG3yH— Moonis Alvi (@alvimoonis) January 19, 2024
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.
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Yahan karachi ki awam chekh chekh kay thack gaay kay k electric ek azab hai. Aur hakomat ko itna khayal hai karachi ki awam ka, kay mazed 20 sal ka license renew kar dea.
Karachi walon ko chaheay kusi ko bhe vote na dain.
Well, what else is an example of government supported monopoly?