K-Electric demands Pakistan Railways to clear Rs430m dues

MG News | December 03, 2024 at 11:56 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 03, 2024 (MLN): K-Electric Limited (KEL) has urged Pakistan railway authorities to clear outstanding dues of Rs430 million accumulated against 31 connections since May 2024, as it is unsustainable to continue electricity supply without any payments.

In line with regulatory policies, KE has previously served notices and disconnected defaulting connections on multiple occasions.

Supply has been restored on undertakings provided by railway authorities with the assurance of clearing outstanding dues and timely payment of monthly bills.

However, despite accommodating Pakistan railways, these commitments have been dishonored time and again.

In such circumstances, KE will have no option but to indefinitely disconnect defaulting connections until payments are received, it added.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	173,962.82 313.69M	1.30% 2237.52
ALLSHR	104,178.62 550.40M	0.93% 964.13
KSE30	52,166.33 164.58M	1.26% 649.19
KMI30	250,496.48 141.11M	1.59% 3930.77
KMIALLSHR	67,844.06 318.73M	1.20% 801.29
BKTi	47,430.11 44.68M	0.28% 130.40
OGTi	36,386.96 9.01M	0.13% 45.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,120.00	74,260.00 73,715.00	405.00 0.55%
BRENT CRUDE	91.89	92.95 89.93	-0.81 -0.87%
RICHARDS BAY COAL MONTHLY	117.00	0.00 0.00	-0.75 -0.64%
ROTTERDAM COAL MONTHLY	130.25	131.75 130.00	-0.20 -0.15%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	87.76	0.00 0.00	0.40 0.46%
SUGAR #11 WORLD	14.07	14.35 13.90	0.14 1.01%