Karachi, March 25, 2023: Continuing its strict action against electricity thieves and defaulters across the city, KE teams cracked down against an 5 illegal water hydrant located in Nazimabad and removed up to 120kilograms of 50mm cables along with 5 electrical panels and 5 circuit breakers being used for electricity theft.
Aurangabad (Nazimabad) is an area where losses have exceeded 80 percent; only 20 people out of every 100 pay their bills on time, due to which consumers are facing load shedding for 10 hours.
According to K-Electric spokesperson, anti-kunda campaigns are conducted on a daily basis and thousands of illegal connections are removed, but unfortunately, the kundas are reinstalled within a few hours of their removal.
K-Electric will continue to act aggressively against kundas and electricity theft. The company also sets up facilitation camps in different areas of the city to encourage a culture of timely and regular payment of, which can result in a reduction of the loadshedding duration in the area.
K-Electric (KE) is a public listed company incorporated in Pakistan in 1913 as KESC. Privatized in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 square kilometers territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.