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K-Electric (KE) is leading the transformation of Pakistan's energy sector with its "Powering Progress" initiative, reports WealthPK.

KE aims to create an efficient, resilient, and environment friendly sustainable energy infrastructure, according to its Investment Plan 2030. The plan stresses enhancing customer experience, addressing climate change challenges and ensuring energy supply stability in the country by utilising advanced technology. Established in 1913, the primary activities of K-Electric include generating, transmitting, and distributing electric energy to industrial and other consumers. According to the KE’s sustainability report 2024, the company is increasing investment in renewable energy and implementing policies to lower carbon emissions for a sustainable energy future.

Furthermore, KE's vendor management initiatives reduce dependency on imported materials, manage supply risks, and optimise costs, stimulating economic growth, creating jobs and helping create a sustainable and equitable energy landscape. Additionally, the strategic steps towards a sustainable energy future focus on digitalisation. By integrating advanced distribution management systems and artificial intelligence, the company seeks to streamline operations and boost customer satisfaction. The technological advancements will improve efficiency, accessibility and infrastructure resilience, enabling KE to provide reliable power and a seamless customer experience.

Furthermore, KE focuses on innovation, research and development to balance power, integrate renewables, optimise battery energy storage systems and explore floating solar projects. The company is also evaluating the feasibility of hydropower through a techno-commercial study and plans to launch the Energy Progress & Innovation Challenge (EPIC) this fiscal. As per the report, the operational excellence programme aims to optimise key processes, improve efficiency refine processes, and accelerate digital transformation, including initiatives like distribution optimisation, parasitic load management and the 5R project, which aims to reduce waste and boost sustainability.

The 5R project in particular focuses on minimising waste, reusing materials, recycling resources, recovering energy, and rethinking processes to boost sustainability and efficiency in every aspect. The company aims to become a leading energy provider in Pakistan. With the “Powering Progress" initiative, KE focuses on innovation, sustainability, and customer satisfaction, by providing cheap and sustainable solutions. Its dedication to excellence and social responsibility is paving the way for substantial progress toward a greener and more sustainable future for Pakistan. Looking forward, KE is committed to providing safe, clean and affordable energy in Pakistan, collaborating with various stakeholders to build a sustainable, resilient, and equitable energy future, based on trust and support.

Credit: INP-WealthPk