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Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
The Pakistan Water & Power Development Authority (Urdu: واٹر اینڈ پاور ڈویلپمنٹ اتھارٹی), colloquially known as WAPDA, is a Pakistani government-owned public utility agency maintaining hydropower and water in Pakistan, although it does not manage thermal power plants. WAPDA includes Tarbela and Mangla dams among its ...
Importing electrical energy through the electrical connection for use within the State of Kuwait or exporting it in a manner that does not conflict with the legislation in force in the State of Kuwait. Approval of technical specifications in the field of production, distribution and consumption of water and electric energy.
Electricity in Pakistan is generated, transmitted and distributed by two vertically integrated public sector companies, first one being Water and Power Development Authority responsible for the production of hydroelectricity and its supply to the consumers by electricity distribution companies (DISCOS) under the Pakistan Electric Power Company (PEPCO) being the other integrated company.
The utility remains connected to its customers 24/7 via digital channels like WhatsApp (0348-0000118), SMS, and social media, and its 118 Response Centre. With over 26 Customer Experience Centers and 35 Customer Facilitation Centers operational, KE ensures seamless support, making customer accessibility and convenience a top priority. [5]
Multan Electric Power Company was founded as Multan Power Supply Company in 1922 during British India-era. [2] [3] In 1972, the company was nationalized.Subsequently, it was taken over by the Government of Pakistan. [4]
It is integrated in generation, transmission and distribution to the whole Karachi city and its surroundings. Post 1990 it was placed under WAPDA control with the company's share price at Rs.160/- in stock market. According to the Pakistan Observer, WAPDA poorly managed KESC, resulting in its later privatisation. [7]
In 2005, the Privatisation Commission, on behalf of WAPDA, conducted a public offering in which 18 percent of KAPCO's shares were sold to the general public at a strike price of PKR 30. [ 12 ] [ 13 ] [ 14 ] Subsequently, on 18 April 2005, KAPCO was listed on the Karachi, Lahore, and Islamabad Stock Exchanges.