K-Electric’s K-Solar rebrands as K Nova to expand renewable energy portfolio

K-Solar has been renamed K Nova, effective September 28, 2026, according to Mettis Global. The subsidiary is held entirely by KE Ventures Company (Pvt) Limited, the investment arm of K-Electric, and is moving beyond conventional power distribution. The change is part of the utility's diversification drive, which is being steered by its freshly appointed board and leadership.

K Nova will concentrate on solar and wind power, energy storage and energy management through a range of financing models. Its client base will span commercial, industrial and household users, plus utility companies nationwide. The firm is also teaming up with overseas makers of solar, wind and battery equipment, with the tie-ups meant to bring advanced technology to Pakistan, generate local jobs and back locally made products.

Hashim Raza, the chief executive of K Nova, said the wider mandate would open doors to fresh prospects as it takes its new name. He tied the timing of the change to a national direction favouring an energy sector that is resilient, sustainable and affordable. The company says the initiative is designed to back energy security and sustainability while adding value for customers and shareholders.