Karachi to receive additional 1400 MW by 2023: Asad Umar

News Image

MG News | June 08, 2020 at 04:15 PM GMT+05:00

June 8, 2020: Federal Minister for PDSI Asad Umar chaired a special meeting here on Monday to review the future electricity demand-supply outlook of Karachi, and deliberated upon the possible measures to supply additional electricity to Karachi through the national grid to meet the future requirements. The meeting was informed that the electricity demand in Karachi was expected to rise to almost 4100 MW by 2023, and thus, would require additional 1300 MW to meet the future requirements. Minister for Power Omar Ayub Khan, SAPM on Petroleum Nadeem Babar, SAPM on Mineral Development Shahzad Qasim, and officials from NEPRA, NTDC and K-Electric were present during the meeting.

The meeting was informed that to meet the future requirements of Karachi, Cabinet Committee on Energy (CCOE) had given the requisite approvals for the supply of 500MW from K2/K3 project. The meeting was also briefed about the commissioning of new gas plants to replace the old thermal power plants running at low efficiency.

The meeting concluded that by FY 2023, 1400 MW of electricity could be supplied to Karachi through the construction and up gradation of grid stations at Karachi West and Bin Qasim. Chairman CCOE Asad Umar directed the concerned quarters to look into the commercial aspects of the projects and to remove any bottlenecks in the construction of new grid stations. He assured all the stakeholders that the federal government would provide support to ensure uninterrupted supply of electricity to the citizens of Karachi.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,260.00 74,260.00
73,715.00
545.00
0.74%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35
-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 31, 2026 at 10:59 AM GMT+05:00

Triple crown for Arif Habib Limited


May 31, 2026 at 10:10 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg