KARACHI: Apologising to the people for continued loadshedding in the city, K-Electric's chief executive Moonis Alvi said Wednesday that if the government had approved a new 700MW power plant back in 2016, Karachi's power supply would have been better.
"In 2016, the power plant project had a set back due to technical reasons," he said, explaining that the power utility company was asked to focus on power generation using the local variant of coal, whereas the "system" was designed for the use of imported coal.
"It takes two-and-a-half to three years to set up a new power plant, Alvi added.
He said that nonetheless, the company's system had "improved" in the last three years.
Acknowledging the woes of Karachiites, he said that indeed, the city is facing prolonged loadshedding as the demand for power "increases" in the current season.
"Even the exempted areas are facing power outages," he noted, adding that the company also suffers losses due to loadshedding in exempted areas.
The chief executive said however that "faults" must not be considered loadshedding and that no power cuts took place between March 20 and May 28 when a lockdown was in place.
He said that due to the coronavirus, a lot of meter readings were not done.
Alvi said that the company has 1,800 feeders and 26,000 transformers installed. He said that the existing copper wire infrastructure is being replaced across the country with aluminium wiring and the copper wires sold were shown in the company books.
Talking about the cable operators strike against the power utility, he claimed that the company had not cut any cable in the last 15-18 days. This is in stark contrast to claims by cable operators a day earlier where they said cable wires where being "constantly" cut by the power utility.
Shedding light on KE's arrears, Alvi said that the Sindh and federal government owed KE a sum of Rs237 billion, while the water board had to pay KE over Rs30 billion.
Meanwhile, talking about the company's loans he said that KE owed Rs160 billion to several organisations, and that it had taken a loan of Rs85 billion from banks.
"K-Electric has sold electricity worth Rs280 billion in 2019," Alvi added.