FM vows to resolve delayed payments issue for K-Electric

News Image

By MG News | July 08, 2024 at 05:19 PM GMT+05:00

0:00

July 08, 2024 (MLN): In response to K-Electric's concerns about delayed payments of consumer bills collected through the post office, the Finance Minister assured that the matter would soon be addressed.

According to a press statement issued today, the CEO of K-Electric Syed Moonis Abdullah Alvi accompanied by CFO KE Muhammad Aamir Ghaziani and Chief Regulatory Affairs Muhammad Imran Qureshi called on Federal Minister for Finance Minister at the Finance Division today.

The representatives from K-Electric stated that the agreement signed between the government and KE earlier this year had addressed several issues and KE was now vigorously working on implementing the new generation projects to improve its electricity mix.

The Finance Minister asked the KE team to focus on improving service delivery in Karachi and to expedite its plan for adding cheaper generation capacity so that the cost of electricity could be brought down.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,344.03
345.79M
1.67%
2144.61
ALLSHR 81,023.99
1,021.87M
1.55%
1236.37
KSE30 39,908.26
141.62M
2.05%
803.27
KMI30 189,535.00
150.29M
1.40%
2619.39
KMIALLSHR 54,783.66
508.76M
1.07%
581.78
BKTi 34,940.73
55.86M
4.37%
1464.05
OGTi 28,296.06
16.02M
1.19%
333.47
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,055.00 108,430.00
105,440.00
2305.00
2.18%
BRENT CRUDE 67.93 68.10
66.94
0.82
1.22%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 109.20 110.00
109.20
1.70
1.58%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.27 66.43
65.23
0.82
1.25%
SUGAR #11 WORLD 15.76 15.97
15.71
0.06
0.38%

Chart of the Day


Latest News
July 02, 2025 at 05:29 PM GMT+05:00

CDNS revises profit rates on savings schemes


July 02, 2025 at 05:05 PM GMT+05:00

PSX in FY25: From Oof to Boom


July 02, 2025 at 05:01 PM GMT+05:00

Gold price in Pakistan falls Rs600 per tola


July 02, 2025 at 04:35 PM GMT+05:00

Oil gains slightly as market eyes Iran, OPEC+ moves


July 02, 2025 at 04:02 PM GMT+05:00

PSX Closing Bell: Record Breaker



Top 5 things to watch in this week

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