WEB DESK: K-Electric’s (KE) Board of Directors has approved the reappointment of Syed Moonis Abdullah Alvi as Chief Executive Officer (CEO) for another term, as decided in the meeting held on July 7.
The reappointment will take effect from July 30, 2025. Alvi, who first assumed the CEO role in 2018, has been associated with the power utility since 2008 when he initially joined the company.
Alvi, who first joined K-Electric (KE) in 2008, has served in key positions including Chief Financial Officer, Company Secretary, and Head of Treasury before assuming the role of Chief Executive Officer in 2018.
With over 30 years of diverse financial expertise, Alvi has spearheaded KE’s transformation into a future-ready utility, driving initiatives in digitisation, customer-centric services, and strategic investments across the energy sector.
NEPRA postpones KE’s PKR4.69 relief hearing amid govt intervention
Established in 1913 as KESC and privatised in 2005, KE is Pakistan’s only vertically integrated power utility, serving Karachi and surrounding areas. The company’s majority stake (66.4%) is held by KES Power, a consortium comprising Al-Jomaih Power Limited (Saudi Arabia), National Industries Group (Kuwait), and KE Holdings. The Government of Pakistan retains a 24.36% share, with the remaining shares publicly traded.
On Monday, Sindh High Court (SHC) issued notices to KE, NEPRA, and the Power Division over excessive power outages in Karachi during extreme heat. A two-judge bench directed authorities to respond by July 25, while ordering NEPRA’s regional head to appear personally.
The petition, filed by nine Jamaat-e-Islami-affiliated town chairmen and a City Council member, alleges KE enforces up to eight-hour daily loadshedding in multiple neighborhoods, including Gulberg, Nazimabad, and Landhi. They argue that KE’s AT&C (Aggregate Technical & Commercial) Losses-based policy—which links outages to area-wise losses, violates NEPRA regulations and constitutional rights.
NEPRA had previously ruled in April 2023 that KE’s policy was illegal under the NEPRA Act 1997 and fined the utility Rs50 million. The petitioners contend that despite this, KE continues the practice, infringing on citizens’ right to electricity, a fundamental right under Article 9 of the Constitution.
Alvi’s reappointment comes at a critical juncture as frustration over KE’s failure to ensure equitable power supply grows, particularly during Karachi’s harsh summers. The SHC’s intervention could force regulatory action and policy reforms to curb prolonged outages. The next hearing is set for July 25.