K-Electric

The Karachi Electric Supply Corporation was established on September 13th, 1913, as the answer to the power needs of Karachi. With Pakistan’s Independence in 1947, Karachi as its former capital received an immense influx of people and was soon bustling with economic activity. Businesses spawned rapidly and transformed Karachi into Pakistan’s commercial hub.

The ‘City of Lights’, expanded further in the 1980s and 90s, and energy demand grew faster than the supply of energy. When new management, led by The Abraaj Group took the reins in 2009, it proved to be the advent of a new age for the organisation and Karachi. Regaining Karachi’s Identity: Massive efforts were made to reduce electricity losses. KESC posted a profit for the first time in 17 years in 2011-12.

Thought Leadership: Driven by its Environmental, Social and Governance value creation philosophy, Energy Conservation and Social Empowerment programmes were undertaken. In addition to that the company engaged with the youth through various initiatives including Sports with the vision of developing Pakistan’s talent. In recognition of the company’s efforts towards embedding sustainable thinking into organizational culture and supporting the community KESC won numerous awards in CSR and environmental excellence.

Rebrand: Being a revived entity with a positive outlook and the ability to bring about sustainable change, KESC felt the need to reposition itself with a new identity: K-Electric was born. As of 2017, the Abraaj Group and Aljomaih/NIG have a 66.4% stake in K-Electric; the Government of Pakistan’s shareholding stands at 24.36%.