Power Sector: A Case Study of K-Electric

Ghulam Samad () and Naseem Faraz ()
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Ghulam Samad: CAREC Institute
Naseem Faraz: Pakistan Institute of Development Economics

Chapter Chapter 6 in The Face of Privatization in Pakistan, 2024, pp 77-94 from Springer

Abstract: Abstract Amidst operational inefficiencies and financial struggles, K-Electric (formerly KESC) faced substantial challenges necessitating its privatization in 2005. Chapter 6 provides an in-depth case study of K-Electric (formerly KESC), tracing its history from its origins as a private entity to its nationalization and eventual privatization. Following its privatization, the efforts made by the new management, particularly the Abraaj Group, to improve K-Electric’s performance through capital injection and operational reforms. However, despite these efforts, K-Electric has struggled to achieve sustained profitability and address systematic issues such as transmission and distribution losses. Despite some improvements in operational efficiency, K-Electric remains ineffective in meeting Karachi’s energy demands efficiently. Thus, this chapter underscores the need for further analysis and intervention to address the challenges facing K-Electric and the power sector in Pakistan, emphasizing the importance of sustainable solutions to ensure reliable and affordable energy supply for the residents of Karachi.

Keywords: Inefficiencies; Privatization of K-Electric; Case study of K-Electric; Transmission and distribution losses; Power Sector in Pakistan (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-8385-4_6

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DOI: 10.1007/978-981-97-8385-4_6

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