KARACHI, Oct 8: The Karachi Electric Supply Company (KESC) is planning to change its name, it emerged on Tuesday.

The power utility on Tuesday notified the KESC Shareholders Association of this pending change through a letter stating that it planned to change its name to K-Electric.

Confirming a possible change in the company’s name, a KESC spokesman, on being contacted, said the company after being privatised had a new identity and hence deserved a new name.

“The KESC hasn’t changed the name as yet but it does plan to do so soon,” he said.

“The KESC is a private company now with new turnaround and fresh innovations so the step seems right.”

The new name seems similar to K-Energy, the off-shore company that KESC is leasing its Bin Qasim units 3 and 4 to for conversion to coal power units. But to change the name of the utility, the KESC must get permission from the National Electric Power Regulatory Authority (Nepra).

When contacted, Syed Sagheer Hussain, the Nepra registrar, said the regulatory authority had not been notified about it. “The plan to change the KESC’s name is not in our knowledge as yet. A licensee has to inform Nepra through Licensee Proposed Modification,” he said.

“But,” he continued, “if the KESC has notified its shareholders, then it is fine as the process of name changing of company begins with taking the shareholders into confidence, followed by hearing their arguments regarding the plan.”—Staff Reporter

Opinion

Gaming LNG
Updated 05 Aug 2021

Gaming LNG

What looked like rank incompetence about a year ago is now beginning to smack of malfeasance.
Healing the spirit
05 Aug 2021

Healing the spirit

ROC medal winners could not hear their national anthem being played.
Returning to a repressive order
Updated 04 Aug 2021

Returning to a repressive order

There is no sign of the Taliban showing any flexibility in their position and taking a more moderate stance.

Editorial

A tragic anniversary
Updated 05 Aug 2021

A tragic anniversary

Attempts to change IOK's demography should end and India must open channels with the genuine Kashmiri leadership.
05 Aug 2021

Currency pressure

THE increasing demand for dollars in the wake of surging imports and debt repayments has put significant pressure on...
05 Aug 2021

Protecting breastfeeding

A LOT has been said about the fact that 40pc of children under five years in Pakistan are stunted. The reasons...
PML-N’s dilemma
Updated 04 Aug 2021

PML-N’s dilemma

The road ahead for the PML-N is going to be long and bumpy no matter which narrative it follows.
04 Aug 2021

Attacks on cops

AMIDST cautious optimism that Pakistan may be finally beginning to achieve success in bringing the number of polio...
04 Aug 2021

Myanmar about-face

SIX months into the coup that sent Myanmar’s hybrid civ-mil government packing, the generals have made their...