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K-Electric’s Industrial Consumption Surges to Record High as Economic Growth Picks Up

K-Electric’s Industrial Consumption Surges to Record High as Economic Growth Picks Up

Key Takeaways

  • K-Electric's industrial feeders' consumption reached a record high of 6.08 billion units in FY26.
  • Pakistan's GDP growth increased to 3.7% during the fiscal year, driving this achievement.
  • The utility has provided loadshed-exempted power supply since 2013 to support Karachi’s industrial growth.

K-Electric (KE) reported a significant milestone in its industrial segment, with consumption reaching an all-time high of 6.08 billion units during the fiscal year 2025-26 (FY26). This surge is attributed to Pakistan’s GDP growth, which increased by 3.7% over the same period, underscoring the utility's pivotal role in Karachi, the economic powerhouse of the country.

Syed Muhammad Taha, CEO of KE, highlighted that this achievement reflects collective efforts from the Government of Pakistan, the Special Investment Facilitation Council (SIFC), and Karachi’s industrial community. 'Karachi remains central to Pakistan’s industrial and commercial progress,' he stated, emphasizing the utility's commitment to providing reliable and sustainable power supply.

The highest consumption was recorded in June 2026 and April 2026, with the B3 category – industries deploying power between 501-5,000kW – leading the pack. This category includes major sectors such as cement, steel, and textiles. Since FY22, industrial consumption had remained moderate amid economic challenges but saw a substantial 20% year-on-year increase in FY26.

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KE has been instrumental in energising 349 new industrial connections and expanding the load for another 273 cases, cumulatively adding 168MW of demand to the grid. The utility also noted that industrial feeders/segments have had better recovery rates across all customer categories, highlighting the importance of timely bill payments.

The surge in industrial consumption is part of a broader trend driven by government incentives to move industries from captive power to on-grid supply and the rebound in GDP growth. KE’s commitment to uninterrupted power supply has been crucial for supporting Karachi's economic engine, despite operational constraints.

Taha further stated that 'KE understands that industries desire uninterrupted and reliable power supply.' The utility is committed to continuing its role in powering industrial growth through consistent efforts to ensure a stable business environment.

'This achievement cannot be viewed in isolation. It reflects the collective efforts of the Government of Pakistan, the Special Investment Facilitation Council (SIFC), and Karachi’s industrial community.'

Syed Muhammad Taha, CEO of K-Electric