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KE’s two-decade journey: a privatisation that delivered—II

15 0
17.07.2025

When discussing KE’s generation portfolio, it’s important to recognize that both private and public sector utilities operate within a regulated environment. Any investment in generation requires NEPRA’s approval and must align with the Government of Pakistan’s energy policies.

In recent years, KE has been advised to off-take power from the national grid due to surplus available in the national grid —leading to the abandonment of KE’s several planned power plants including the 700MW coal project.

Ironically, the same critics who urge KE to tap into central capacity often also call for greater self-generation by individual consumers, without acknowledging the inherent contradiction in these demands.

KE’s two-decade journey: a privatisation that delivered—I

Misunderstandings further persist and KE’s write-offs for unrecoverable bills often draw headlines about “double benefits.” Yet the mechanism is neither novel nor opaque: regulated utilities the world over recognise prudent costs after exhaustive audits.

Any recoveries that later materialise are netted off in future filings. Similarly, in the case of alleged claw-back amounts that are currently before the court, KE disputes only the interpretation, not the formula nor the principle, and........

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