Overview

• KE’s board approved FY24 results on September 23, reporting an unconsolidated profit after tax of PKR 4.13 billion.
• The 900 MW BQPS-III unit raised fleet gross efficiency to 49.5% and supported a record 3,550 MW dispatch during the year.
• Transmission additions, including 40 MVA transformers at Dhabeji-2, DHA-4 and Korangi East, increased transformer capacity to 7,095 MVA by year-end.
• Commissioned interconnections at 500kV KKI (November 2024) and 220kV Dhabeji-2 (March 2025) enabled drawl of around 2,000 MW from the national grid starting August 2025.
• AT&C losses rose by 1.8 percentage points and the recovery ratio slipped to 91.5%, prompting intensified anti-theft drives that removed over 350,000 kg of illegal connections across roughly 30,000 actions.