The Board of Directors of K -Electric (K) approved the financial results of the year ending June 30, 2024, in its meeting hero on September 23, 2025.
In the financial year 2024, Pakistan’s economy was widespread with a slight improvement in economic activity. The actual GDP growth was 2.51 %, while high inflation and advanced policy rates face significant challenges. These factors created a difficult operating environment for the power sector and the company. Operational challenges affect the temperament of high consumer prices and inflation, which affects regulatory standards, which have become a focus for future improvement.
As a result, AT&C losses increased by 1.8 percent points, reflecting the effects of delays in previous economic barriers. KK reported non -controversial profits after PKR 4.13 billion tax, which translated a 3.56 % return on equity and 0.87 % withdrawal on property, plant and goods (PPE). The company confirmed its commitment to power operational performance and long -term investment in value China to create value for stakeholders.
Successes during fiscal year 24
With the increase of 900 MW BQPS-III plant in its fleet, KE achieved the overall performance of a 49.5 % (HHV) high fleet in August 2023 and managed to send a maximum of 3,550 MW in fiscal year 24.
The transmission capacity was increased through the installation of new 40 MVA power transformers in Dhabeji-2, DHA-4, and Korangi East Grids. With these additions and other upgrades, the total change capacity reached 7.095 MVA by the end of the financial year 24.
According to the government’s directive to enhance the drill from the national grid and absorb additional capabilities, KE commissioned two major bilateral plans: 500kV in November 2024 and 220kv Dhabi G2 in March 2025. Increasing KE capacity to gain access to national energy resources, improving both interaction capacity and grid stability.
By distribution, the rapid rise in consumer prices, combined with high inflation, eliminated consumer payment capacity. The rehabilitation ratio in FY24 was reduced to 91.5 %, while a year ago was 92.8 %. To overcome operational pressure, network governance and anti -theft measures were intensified. Ki removed more than 350,000 kilograms of illegal coils and made about 30,000 drives to prevent power theft.
Looking forward, K, K, said he expects better economic conditions to be expected to stabilize its performance in FY 25. The company plans to increase electricity through network expansion, install 50,000 low cost meters and continue to recover throughout the year. It also promised to maintain strong government and anti -theft measures to further strengthen the operation.
The KE endorsed the commitment to work with all stakeholders to resolve the Keshalls and implement its approved investment project, which aims to benefit both its customers and the national economy.