K-Electric to improve electricity supply to industries

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September 26, 2022 (MLN): Mr. Irfan Iqbal Sheikh, President FPCCI meeting with CEO K-electric held today at the Federation house (FPCCI), to discuss the electricity supply issues of the city in general and to the trade and industry, a press release issued by FPCCI showed on Monday.

President FPCCI has discussed the main issues regarding electricity to the city, such as load shedding, break-downs, unplanned shutdowns in the name of repair & maintenance, chronic mismanagement of T&D issues, and overbilling.

FPCCI chief has explained that goodwill and credibility are everything in the export market so the factories should never sleep and they must work 24/7 it is an established norm even in third-world countries to supply uninterrupted electricity to industrial areas.

FPCCI Chief said, “the federal government must swing into action immediately to arrest the ever-depreciating & volatile rupee-dollar parity; else, the industry would prefer to shut down rather than paying upwards of PKR. 60 / kWh; when accounted for all billing elements, i.e., per unit base tariff, fuel adjustment charges (FCA), sales tax, income tax, fixed charges, etc. He forewarned the government that it cannot even enable the repeat of the export performance of FY22 if it fails to stabilize and strengthen the rupee to its real effective exchange range (REER) value”.

Mr. Moonis Alvi, CEO K-Electric agreed with the demands of uninterrupted supply to the industry; better planning of the repair & maintenance activities, and elimination of billing issues and expressed his commitment to improving electricity supply to the city and keeping a regular liaison with the entire business, industry and trade community from the platform of the apex body.

He also said, SSGC has not been supplying the required gas to its generation plants and K-Electric is also in negotiations with PLL for an enhanced and affordable supply of gas; so that, the utility can ensure cost-competitive sources of power generation.

Copyright Mettis Global

Posted on: 2022-09-26T18:02:12+05:00

News Id :35244

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