Islamabad : K-Electric (KE) has been recognized as an outstanding performer in Health, Safety, and Environment (HSE) standards within the power sector according to the National Electric Power Regulatory
Authority’s (NEPRA) “2024 HSE Performance Evaluation Report.”
The report, based on a comprehensive assessment of safety protocols and
company initiatives, reflects K-Electric’s significant improvements across all
facets of its operations, from generation, transmission to distribution.
According to the report, KE achieved impressive scores in HSE standards,
scoring 96.5 in generation, 95 in transmission and 88 in distribution, above
and beyond all other distribution companies. This is a clear testament to
the utility’s unwavering commitment to ‘safety first’ and targeted
investments in enabling safer workplaces.
Moonis Abdullah Alvi, CEO of K-Electric, expressed his gratitude in
receiving this recognition: ‘Safety, innovation, and sustainability are at the
heart of KE’s operations. As a customer-centric organization, we stand
resolute in safeguarding the energy security that energizes our
communities. Reliable and uninterrupted power supply remains the
foundation of this commitment, and we will continue to deliver it with the
highest safety standards. We remain adamant about continuous
improvements and targeted investments to further improve operations.’
KE acknowledges the critical role the energy sector plays in economic
development and public well-being. This includes ensuring a reliable power
supply while prioritizing the safety of employees, the public, and the
environment. To achieve this, the company has invested heavily in robust
HSE systems designed to mitigate risks and prevent incidents.
KE’s focus on sustainability extends beyond its core operations. The
globally recognized and acclaimed Roshni Baji Program, empowering
women to drive safety awareness in communities, continues its impactful
third year. Additionally, the company invests in social development
initiatives supporting education, healthcare, and community empowerment
and has extended electrical safety education to nearly 60,000 children
through extensive school outreach programs.
Moving forward, KE remains committed to advancing HSE practices and
contributing to a sustainable future. The company recognizes the energy
sector’s complex challenges, particularly regarding the energy trilemma,
sustainability, security, and affordability of power. To this end, K-Electric has
embarked on a comprehensive sustainability roadmap, encompassing
cleaner technologies, energy conservation, local supplier partnerships,
employee diversity initiatives, and emphasis on safety protocols.
ABOUT K-ELECTRIC:
K-Electric (KE) is a public listed company incorporated in Pakistan in 1913
as KESC. Privatized in 2005, KE is the only vertically integrated power
utility in Pakistan supplying electricity to Karachi and its adjoining areas.
The majority shares (66.4%) of the Company are owned by KES Power, a
consortium of investors including Al-Jomaih 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
shareholder (24.36%) in the Company while the remaining are listed as
free float shares.