K-Electric has left the other power distribution companies (DISCOs) in Sindh behind in terms of performance indicators. The business has recognized its supremacy among its competitors in the province. KE’s performance rests on its vision to attain and retain excellence. Industry (SOI) report 2021-2022 published by the National Electric Power Regulatory Authority (NEPRA) highlighted K-Electric performance and achievement. The report is available on the NEPRA website.
KE’s journey to supremacy was difficult with its unique set of struggles. The business commitment to serving the clients with excellence made a real difference. In the current economic meltdown, the power sector was put to the test. KE focused on embedding digitization and automation, integrating them into core business processes. The business is committed to its people and the city of Karachi. KE promises network stability, safe, secure, uninterrupted, and reliable power. Serving the industrial hub of Pakistan, the KE power plant aims to improve power generation and energy supply for approximately 12 million people.
According to the SOI report, KE achieved its set transmission & distribution (T&D) goals and targets. Additionally, the business reduced losses compared to the set benchmark. In comparison, Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO) struggle to improve service and lessen their T&D losses.
The report states that HESCO’s T&D loss percentages during FY 20-21 and FY 21-22 remained at 38.55% and 32.88%, respectively, compared to the allowed percentage by NEPRA, which was 21.29 in FY 20-21 and 19.07 FY 21-22.
Additionally, SEPCO’s actual T&D loss percentages during FY 20-21 and FY 21-22 remained at 35.27 and 35.62, respectively, against the allowed percentage of 25.06 in FY 20-21 and 17.41 in FY 21-22.
On the other hand, KE has considerably reduced its T&D loss percentages and recorded FY 20-21, and FY 21-22 remained at 17.54 and 15.35 compared to the allowed percentages of 16.80 in FY20-21 and 15.95 in FY 21-22
The data confirms the KE performance in terms of the T&D loss reduction target for the year. In the year ahead, the business is committed to replicating its performance and maintaining its supremacy in the power sector.
Furthermore, the power sector’s sustainable growth depends on prevailing circular debt. The Federal Government and associated stakeholders must address legacy issues that facilitate KE actualizing its potential and making a lasting impact in Pakistan’s industrial and economic hub while contributing positively to the power sector’s transformation.