AIRLINK 76.39 Decreased By ▼ -3.61 (-4.51%)
BOP 5.21 Increased By ▲ 0.03 (0.58%)
CNERGY 4.48 Increased By ▲ 0.02 (0.45%)
DFML 35.40 Increased By ▲ 0.24 (0.68%)
DGKC 77.47 Increased By ▲ 0.59 (0.77%)
FCCL 20.20 Increased By ▲ 0.22 (1.1%)
FFBL 36.38 Increased By ▲ 0.78 (2.19%)
FFL 9.59 Increased By ▲ 0.06 (0.63%)
GGL 10.04 Decreased By ▼ -0.12 (-1.18%)
HBL 116.91 Decreased By ▼ -0.09 (-0.08%)
HUBC 132.55 Increased By ▲ 0.05 (0.04%)
HUMNL 7.01 Decreased By ▼ -0.05 (-0.71%)
KEL 4.60 Decreased By ▼ -0.05 (-1.08%)
KOSM 4.58 Decreased By ▼ -0.07 (-1.51%)
MLCF 37.18 Decreased By ▼ -0.32 (-0.85%)
OGDC 133.90 Decreased By ▼ -0.57 (-0.42%)
PAEL 23.03 Increased By ▲ 0.13 (0.57%)
PIAA 26.60 Decreased By ▼ -0.03 (-0.11%)
PIBTL 6.71 Decreased By ▼ -0.10 (-1.47%)
PPL 111.85 Decreased By ▼ -0.25 (-0.22%)
PRL 27.73 Increased By ▲ 0.53 (1.95%)
PTC 14.46 Increased By ▲ 0.08 (0.56%)
SEARL 56.10 Decreased By ▼ -0.29 (-0.51%)
SNGP 68.74 Increased By ▲ 1.74 (2.6%)
SSGC 10.82 Decreased By ▼ -0.01 (-0.09%)
TELE 9.20 Decreased By ▼ -0.09 (-0.97%)
TPLP 10.88 Decreased By ▼ -0.30 (-2.68%)
TRG 67.50 Decreased By ▼ -1.50 (-2.17%)
UNITY 25.32 Decreased By ▼ -0.17 (-0.67%)
WTL 1.32 No Change ▼ 0.00 (0%)
BR100 7,537 Increased By 14.6 (0.19%)
BR30 24,387 Decreased By -15.2 (-0.06%)
KSE100 71,804 Increased By 108.9 (0.15%)
KSE30 23,597 Increased By 55.1 (0.23%)
Pakistan

Shanghai Electric & KE agreement to help resolve city's power problem

KARACHI: The agreement between China's Shanghai Electric Power (SEP) and KE augurs well and it would contribute towa
Published July 13, 2017

KARACHI: The agreement between China's Shanghai Electric Power (SEP) and KE augurs well and it would contribute towards resolving the Karachi's power shortages.

This was pointed out on the opening day of the two-day session held at a local hotel on Thursday.

On the occasion, the K-Electric (KE) presented its review motion in response to the National Electric Power Regulatory Authority's Multi-Year Tariff (MYT) Determination 2017.

Chairman NEPRA, Brig. (Retd) Tariq Sadozai, member from the Punjab, Saifullah Chatta, Himayatullah Khan from Khyber Pukhtunkhwa, Balochistan's Haroon Rasheed and Masood ul Hassan Naqvi of Sindh were also present on the occasion.

Vice-President of Pakistan Chambers of Commerce and Industry (FPCCI) Mirza Ishtiaq Baig was of the view that the SEP-KE accord augurs well and this would contribute towards resolving Karachi's power shortage problem on permanent basis and would help improve KE's performance.

This, he opined, would help create employment opportunities and would also benefit the industry and increase the country's exports.

Businessman Arif Habib believed that with the administrative control of the SEP the , the electricity situation in Karachi will improve.

He was of the view that SEP was facing difficulty in taking up charge of the KE because tariff was different when the agreement was reached and that the tariff is now different from the previous one.

Arif Habib maintained that this matter should be resolved at the earliest as at present the KE's power supply system was not satisfactory.

He said that he believes that the accord between SEP and the KE should be implemented.

The Amir of Jamat-e-Islami Karachi, Naeem ur Rehman, criticised the performance of the KE and added that the Karachiites are fed up with such a situation.

He pointed out that even in pleasant weather in Karachi the loadshedding continues which, he believed, was without any justification.

Naeem demanded that the agreement between the SEP and the KE be made public.

On the occasion, he also accused the KE of resorting to corrupt practices.

The JI leader urged upon the NEPRA authorities that there should be no increase in KE's tariff and instead it would be lowered.

He also expressed concern that KE has been dispatching inflated bills to the consumers.

On the occasion Naeem also called for carrying out the audit of the KE and restoration of the sacked employees.

Copyright APP (Associated Press of Pakistan), 2017

Comments

Comments are closed.