K-Electric’s K-Solar rebrands as K Nova to expand renewable energy portfolio

News Image

MG News | September 28, 2026 at 09:28 PM GMT+05:00

September 28, 2026 (MLN): K-Solar, a wholly owned subsidiary of K-Electric’s investment arm KE Ventures Company (Pvt) Limited, has been renamed K Nova as the company broadens its operations into an end-to-end renewable energy solutions platform.

The rebranding takes effect from today and forms part of K-Electric’s broader diversification strategy under its new Board and Management. The company is expanding beyond conventional power distribution to develop a wider energy ecosystem focused on renewable energy and related solutions.

Under its expanded mandate, K Nova will focus on solar and wind energy, energy storage and energy management solutions through various financing models. The initiative is aimed at supporting energy security, sustainability and value creation for customers and shareholders.

Hashim Raza, CEO of K Nova, said the expanded business scope would allow the company to pursue new opportunities under its new identity.

He said the timing of the rebranding aligns with the national direction toward making Pakistan’s energy sector more resilient, sustainable and affordable.

K Nova will cater to commercial, industrial and residential customers, as well as utility partners across Pakistan, with a focus on smarter, reliable and sustainable energy solutions.

The company is also partnering with leading global original equipment manufacturers (OEMs) in solar, wind and battery technologies. These partnerships are expected to facilitate the transfer of advanced technologies to Pakistan, create local employment opportunities and support the development of localized products and solutions.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 173,886.69
195.81M
-0.85%
-1493.18
ALLSHR 104,193.90
1,478.56M
-0.79%
-830.04
KSE30 50,762.89
101.57M
-1.61%
-833.18
KMI30 248,644.12
78.76M
-1.03%
-2588.32
KMIALLSHR 67,289.90
391.02M
-0.79%
-536.64
BKTi 47,836.07
30.16M
-1.03%
-497.73
OGTi 34,437.26
6.66M
-1.07%
-371.75
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,035.00 76,150.00
75,815.00
80.00
0.11%
BRENT CRUDE 97.97 100.83
96.67
-0.32
-0.33%
RICHARDS BAY COAL MONTHLY 127.25 0.00
0.00
-0.50
-0.39%
ROTTERDAM COAL MONTHLY 136.50 137.25
136.50
-0.80
-0.58%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 90.34 92.53
89.07
-0.18
-0.20%
SUGAR #11 WORLD 18.25 18.60
18.13
-0.31
-1.67%

Chart of the Day


Latest News
November 07, 2026 at 12:30 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


November 07, 2026 at 12:13 AM GMT+05:00

Petrol price cut by Rs6.59, diesel by Rs4.25 per litre


November 06, 2026 at 11:01 PM GMT+05:00

Weekly Market Roundup


November 06, 2026 at 10:17 PM GMT+05:00

ABHI Microfinance Bank IPO oversubscribed 1.6x



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg