K-Electric demands Pakistan Railways to clear Rs430m dues

News Image

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

Join our Whatsapp channel
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

News
KTrade tips Systems Limited for 43% gain by June 2026
News
PPL forms strategic offshore partnership with Turkish Petroleum
News
OGDC brings Razgir-1 Well on stream at TAL Block
Name Price/Vol %Chg/NChg
KSE100 165,476.02
586.85M 		4.44%
7032.60
ALLSHR 100,326.78
1,176.99M 		3.98%
3840.78
KSE30 51,034.76
269.10M 		4.71%
2294.50
KMI30 243,038.50
165.37M 		5.62%
12928.05
KMIALLSHR 66,437.48
585.10M 		4.38%
2789.44
BKTi 46,623.32
123.78M 		4.64%
2065.31
OGTi 32,472.12
22.09M 		5.08%
1568.73
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 111,820.00 116,385.00
110,295.00 		-4560.00
-3.92%
BRENT CRUDE 62.08 63.63
61.50 		-1.24
-1.96%
RICHARDS BAY COAL MONTHLY 80.50 80.50
80.50 		-1.00
-1.23%
ROTTERDAM COAL MONTHLY 89.00 89.00
88.75 		-0.10
-0.11%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00 		0.00
0.00%
CRUDE OIL - WTI 58.37 59.82
57.68 		-1.12
-1.88%
SUGAR #11 WORLD 15.83 15.84
15.36 		0.22
1.41%
Chart of the Day
Latest News
October 14, 2025 at 05:41 PM GMT+05:00

Pakistan nears IMF agreement to unlock $1.2bn payout

October 14, 2025 at 04:36 PM GMT+05:00

KTrade tips Systems Limited for 43% gain by June 2026

October 14, 2025 at 04:14 PM GMT+05:00

PSX Closing Bell: Roaring Back to Life

Top 5 things to watch in this week
Large Scale Manufacturing (LSM)
MTB Auction
Private Sector Credit
Total Advances, Deposits & Investments of Scheduled Banks
Lending and Deposit Rates
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg