K-Electric Ltd 2021 AR2
The report highlights K-Electric's financial and operational performance for the fiscal year 2021, marking a return to profitability with a net profit of PKR 11.99 billion. Key achievements include a 2.2% reduction in transmission and distribution losses to 17.5% and the exemption of over 75% of the service area from load-shedding. The company advanced its digital roadmap and progressed on its flagship 900 MW RLNG-fired power plant (BQPS-III). Additionally, K-Electric launched K-Solar to provide sustainable solar solutions and expanded its social impact through Project Sarbulandi, benefiting over five million people.
Company: K-Electric Ltd
Sector: Utilities
Country: Pakistan
Year: 2021
Type: AR2
Pages: 214
K-Electric Ltd
Annual Report
The report highlights K-Electric's financial and operational performance for the fiscal year 2021, marking a return to profitability with a net profit of PKR 11.99 billion. Key achievements include a 2.2% reduction in transmission and distribution losses to 17.5% and the exemption of over 75% of the service area from load-shedding. The company advanced its digital roadmap and progressed on its flagship 900 MW RLNG-fired power plant (BQPS-III). Additionally, K-Electric launched K-Solar to provide sustainable solar solutions and expanded its social impact through Project Sarbulandi, benefiting over five million people.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees