Karachi: We refer to the Letter and confirm that physical share certificates in respect of 7.25% right issue are ready for delivery and that right shares of shareholders who opted for book entries in the CDS have been credited into their respective CDC Account on 30 December 2011. The same …
Read More »Karachi Electric Supply Company Limited Yet to Receive the Committed Gas Supply of 180MMCFD Despite Payment of Rs. 2 Billion to Sui Southern Gas Company
Karachi: Reference to the Governor House agreement penned on the 26th of November, SSGC was to ensure the immediate supply of 180mmcfd of gas to KESC, following which KESC was to end the load shed regime in the industrial zones in the city; a situation that came into being due …
Read More »Karachi Electric Supply Company Limited’s subscription to 7.25% right shares by the sponsors
Karachi: We refer to the Letter and are pleased to inform that the Sponsors / Holding Company of KESC, M/s. KES Power Limited, have fully subscribed to their portion (72.58%) of the subject right shares at the subscription price of Rs. 3.50 per share more than fifteen (15) days before …
Read More »Pay Your Power Bills or Face Disconnection: Karachi Electric Supply Company Limited’s Warning to Karachi Chamber of Commerce and Industry
Karachi: KESC has slammed the announcement made by the KCCI, in which the trade body members seem to have made a decision to refrain from paying the power dues to the utility. KESC denounces all such acts and considers it as an open violation, given the fact that the situation …
Read More »Karachi Electric Supply Company condemns cut in gas supply, demands Government to resolve circular debt issue
Karachi: Karachi Electric Supply Company has strongly condemned the unilateral reduction in gas supply to the power generation plants by SSGC resulting in production going down and forcing it resort to load shed in the usually-exempt Industrial Zones apart from the enhanced load shedding hours in residential and commercial areas. …
Read More »Karachi Electric Supply Company Limited’s annual general meeting
Karachi: We refer to the Letter intimating transport facility to the shareholders of the Company to pick and drop from KSE building to Bin Qasim Power Station (BQPS) for attending the Annual General Meeting of the Company and write to confirm that two buses will be available at the KSE …
Read More »Karachi Electric Supply Company Limited extends due dates of bills falling on Saturdays
Karachi: Owing to weekly two holidays as declared by the government, Karachi Electric Supply Company has announced relief to customers whose due date of electricity bills falls on Saturdays during the month of October. The due dates of bills falling on three Saturdays of the month have been extended to …
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