Karachi Electric Supply Company CEO, Tabish Gohar on Sunday said that KESC will increase its electricity generation capacity around 1,100 MW till March 2012 through Thar coal. Talking to a private news channel, he said that Bin Qasim power plant is being converted on coal from which 400MW cheap electricity will be generated for consumers in next two years.
He elaborated that Abrash Capital has invested 30 million in KESC in three years and another amount of six million rupees is expected by next years. It enhanced at least 850MW power generation and by next march this figure will be increased to 1,000MW, he added.
To a question, he said that coal generated electricity is cheaper than that of furnace oil, adding that it is Rs seven per unit while regular electricity price is Rs 16 per unit. He hoped that KESC will be generating 400mw electricity from coal in next two years. He disclosed that they have an agreement with British company for the Thar Coal project and, in this connection, 300MW cheaper electricity will be generated during the next two years. He said that KESC is to get 1,100 MW additional power in next three-four years to end power load-shedding.
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