K-Electric demands Pakistan Railways to clear Rs430m dues

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

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	157,132.10 429.92M	3.39% 5159.10
ALLSHR	93,566.86 763.32M	2.62% 2388.00
KSE30	48,302.97 218.66M	4.27% 1976.50
KMI30	220,798.52 207.58M	4.07% 8628.34
KMIALLSHR	59,988.53 433.51M	2.75% 1606.15
BKTi	46,193.08 61.76M	4.26% 1887.06
OGTi	30,193.10 21.94M	3.73% 1086.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,690.00	69,740.00 66,530.00	-2790.00 -4.02%
BRENT CRUDE	82.37	82.52 78.38	4.63 5.96%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-7.85 -7.32%
ROTTERDAM COAL MONTHLY	134.00	134.00 129.00	15.20 12.79%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	75.55	75.69 70.41	4.32 6.06%
SUGAR #11 WORLD	14.04	14.04 13.94	0.13 0.93%