Talking to a private news channel, he said that Bin Qasim power plant was being converted on coal from which 400 MW cheap electricity would be generated for consumers in next two years.
He elaborated that Abrash Capital has invested 30 million in KESC in 3 years and another amount of six million rupees is expected by next years. It enhanced at least 8,50 MW power generation and by the next march this figure will be increased to 1000 MW, he added.
He said that coal generated electricity was cheaper than that of furnace oil adding that coal generated electricty is Rs 7 per unit while regular electricity price is Rs 16 per unit.
He hoped that KESC would generate 400 mw electricity from coal in next two years.
He said that KESC have an agreement with british company for the thar coal project, in this connection 300 MW cheaper electricity will be generated during next two years.
He said that KESC to get 1100 MW additional power in next three-four years to end load-shedding.