The Karachi Electric Supply Company Limited was incorporated on 13 th September 1913 under the Indian Companies Act, 1882 as amended to date vide the Companies Ordinance 1984. The Company is listed on Karachi , Lahore and Islamabad Stock Exchanges. The Government of Pakistan took control of the Company by acquiring majority shareholding in 1952. The Ministry of Water and Power looks after the affairs of the Company at Federal level.

The Company is principally engaged in generation, transmission and distribution of electric energy to industrial, commercial, agricultural and residential consumers under the Electricity Act, 1910 as amended to date & NEPRA Act 1997, to its licensed areas. The licensed area of KESC is spread over entire Karachi and its suburbs up to Dhabeji and Gharo in Sindh and over Hub, Uthal, Vindhar and Bela in Baluchistan . The total area covered is around 6000 square kilometers.

The privatization of the Company has been finalized in November 2005 with the transfer of 73% shares of Government of Pakistan along with Management Control to the new owner viz M/s KES Power & others. The new management has taken over the charge of the Company, with effect from November 29, 2005 . Further, an Implementation Agreement was entered into between the Government of Pakistan and the Company, setting out the key terms and conditions of the take over.