FM vows to resolve delayed payments issue for K-Electric

By MG News | July 08, 2024 at 05:19 PM GMT+05:00

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July 08, 2024 (MLN): In response to K-Electric's concerns about delayed payments of consumer bills collected through the post office, the Finance Minister assured that the matter would soon be addressed.

According to a press statement issued today, the CEO of K-Electric Syed Moonis Abdullah Alvi accompanied by CFO KE Muhammad Aamir Ghaziani and Chief Regulatory Affairs Muhammad Imran Qureshi called on Federal Minister for Finance Minister at the Finance Division today.

The representatives from K-Electric stated that the agreement signed between the government and KE earlier this year had addressed several issues and KE was now vigorously working on implementing the new generation projects to improve its electricity mix.

The Finance Minister asked the KE team to focus on improving service delivery in Karachi and to expedite its plan for adding cheaper generation capacity so that the cost of electricity could be brought down.

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