Consumers to Receive Cheaper Electricity as KE Reaches Historic Milestone 24

In a major relief for electricity consumers, K-Electric (KE) announced a historic milestone that could result in cheaper power tariffs for residents of Karachi. On October 19, 2024, KE confirmed that it had significantly increased its power generation capacity, thanks to the successful commissioning of a new 900-megawatt power plant in Bin Qasim.

This development comes as part of KE’s broader efforts to modernize its infrastructure and reduce reliance on expensive fuel sources. The new plant is expected to lower electricity costs for consumers by reducing the utility’s dependence on imported fuel, which has been a major factor in driving up electricity prices. KE officials have also hinted at further price reductions if the cost of fuel remains stable in the coming months.

The move has been widely welcomed by both consumers and industry experts, who have long called for reforms in Karachi’s energy sector. With KE’s enhanced capacity, the city could see improved supply reliability, reducing the frequent power outages that have plagued residents for years.