K-Solar rebrands as K Nova

Business Recorder reported that K-Solar, a wholly owned unit of KE Ventures Company, the investment arm of K-Electric, will now operate as K Nova from 28 September 2026. The rename is part of K-Electric's wider diversification agenda under its new board and management, which aims to move the group beyond traditional power distribution. K Nova has been given a mandate to lead renewable energy storage and management work covering solar and wind, with financing offered through several routes.

Hashim Raza, chief executive of K Nova, said the broader scope would open new opportunities, and the timing matches a national direction aimed at making the energy sector steadier, more sustainable and affordable. He added that the firm will serve commercial, industrial and residential customers as well as utility partners nationwide. Meanwhile, K Nova has joined forces with international manufacturers of solar, wind and battery equipment to bring their technology and products into Pakistan. The tie-ups are expected to transfer advanced technology, create local jobs and support locally adapted products and solutions.