Industrialists and trade bodies threatens to strike over power, water shortage
KARACHI: Industrialists and trade bodies have protested against continued prolonged power outages and unavailability…
Chinese company withdraws offer to buy 66.4% stakes of K-Electric
China’s Shanghai Electric Power Company has withdrawn an offer to buy 66.4%…
Shanghai Electric gets CCP’s approval to acquire K-Electric
Shanghai Electric Power Co Ltd said on Monday that it had received…
Abraaj to sell K-Electric stake to Shanghai Electric for $1.8 bln
UBAI: Abraaj Group has agreed to sell its majority stake in Pakistan's…
K-Electric to add 4,283MW in generation capacity
KARACHI: K-Electric on Tuesday unveiled a plan to add 4,283 megawatts to…
K-Electric confirms acquisition talks
KARACHI: K-Electric Ltd (KEL) has confirmed that Dubai-based private equity firm Abraaj…
Pakistani Taliban Blame Electric Company for Heat Wave Deaths
ISLAMABAD, Pakistan — The Pakistani Taliban on Friday warned that they would…