K-Electric demands Pakistan Railways to clear Rs430m dues

By 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	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	108,305.00	108,430.00 105,440.00	2555.00 2.42%
BRENT CRUDE	67.99	68.06 66.94	0.88 1.31%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	110.00	110.00 110.00	2.50 2.33%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.30	66.38 65.23	0.85 1.30%
SUGAR #11 WORLD	15.85	15.97 15.77	0.15 0.96%