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Sunday April 21, 2024

Govt to ensure uninterrupted power supply to Karachi: PM

Policies should be formulated considering the purchasing power of the electricity consumers as well as their welfare, says PM

By Business Desk
January 09, 2024
Caretaker Prime Minister Anwaar-ul-Haq Kakar talks to anchors and journalists in a meeting held at the PM House in Islamabad on August 31, 2023. — PID
Caretaker Prime Minister Anwaar-ul-Haq Kakar talks to anchors and journalists in a meeting held at the PM House in Islamabad on August 31, 2023. — PID

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar said Monday that the government, in collaboration with K-Electric (KE), would ensure an uninterrupted power supply to Karachi to meet its needs.

The prime minister, in a meeting with a K-Electric delegation headed by Chief Executive Officer Moonis Abdullah Alvi, instructed the Ministry of Energy to address the issues confronting the company through mutual consultation, a statement from the power supply company said.

He, as per the statement, said policies should be formulated considering the purchasing power of the electricity consumers as well as their welfare.

The delegation members thanked the prime minister for resolving the longstanding issues faced by K-Electric and for the approval of a Rs390 billion investment plan for the company, tariff for renewable energy projects of 640 megawatts, and the provision of an additional 1000 MW of electricity.

They viewed that such initiatives by the government had given a positive message to the investors.

In the meeting, the prime minister was briefed about different matters of the K-Electric.

The meeting was attended by Caretaker Energy Minister Muhammad Ali, Chairman of National Electric Power Regulatory Authority Wasim Mukhtar, Chief Executive Officer of Central Power Purchasing Agency Rehan Akhtar, and other senior officers.