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.
Saudi Arabia's Neom project to move ahead as planned
Delhi man finds hidden Reliance Industries shares
Finance Division says new prices of petroleum products for next fortnight — starting from May 1 have been worked out...
“Compliance report in this regard is to be furnished to the FBR on May 15”, FBR asks PTA and all telecom operators
SBP says amount will be reflected in its reserves for week ending on May 3
Renowned ride-hailing platform will continue operations of subsidiary Careem app
