KESC

We, Karachi Electric Supply Company, are one of Pakistans leading power utility company serving the electric need of appx. 2.2 Million customers with an annual procurement spend of **0 Million USD. KESC is one of the city's largest employers: around *1, **0 people currently work for the company. It is also one of the oldest companies in Karachi and was established in the city even before the creation of Pakistan in ***7. Incorporated on September *3, ***3 , under the Indian Companies Act of ***2, the company was nationalised in ***2 but was re-privatised on November *9, ***5. KESC came under new management in September, ***8; a significant number of professional managers with experience in running utility and other large companies have joined under this management and will be running it until the company is turned into a best practice utility. KESC is listed on all three of Pakistan's stock exchanges: the Karachi Stock Exchange, the Lahore Stock Exchange and the Islamabad Stock Exchange. At present, KESC is the only vertically-integrated power utility in Pakistan and manages the generation, transmission and distribution of electricity. KESC covers a vast area of 6, **0 square kilometers and supplies electricity to all the industrial, commercial, agricultural and residential areas that fall under its network.