K-Electric CEO Moonis Alvi met with the Asian Development Bank`s private sector operations team, led by Deputy Director General Cathy Marsh, to explore areas of mutual cooperation and investment in Karachi`s power sector, as per a press release.

Discussions focused on KE`s ambitious $2bn investment plan aimed at strengthening the city`s power infrastructure, with ADB`s potential role as a financer being a key area of interest.

The engagement reinforced KE`s commitment to sustainable growth and ensuring a reliable power supply for Karachi.

The meeting also covered the ongoing multi-year tariff process, with KE expecting a decision soon. •