KESC [(18+4+400+234 megawatts) - (Rs. 31 Bn + 5 Bn) + ($361 million) = Some Hope ]

The title is scary, I know. It is true that it seems more complicated than it really is. A few days back, I came across some of the news items in my RSS reader. Three of those are listed below.

KESC Initiates Captive Power Policy
The first company to join this programme is Engro Polymer & Chemical Ltd (EPCL), which signed an agreement with KESC recently to supply 18 Megawatts power supply to the KESC by mid-year 2009. This was yet another breakthrough that was carried forward by a second agreement signing between International Industries Limited (IIL) and the KESC. According to this contract, IIL will supply 4 MWs to KESC within the next two weeks.
Islamabad pays Rs 31 bn KESC debt
Pepco spokesmen Tahir Basharat Cheema confirmed that the government had adjusted Rs 31 billion against the main portion of loans that the Pepco had gotten from the federal government at interest rate of 18 per cent. “Due to this very step, not only the KESC has been given relief but the loans the Pepco has gotten from the federal government have also been reduced.
Karachi to get 234-megawatt electricity from November
The government signed on Thursday an agreement with a Turkish company to hire a 234-megawatt power plant to address the electricity crisis in Karachi.

So this implies that if everything goes according to the plans, by the end of this year, Karachi would be in good electrical hands :)

Lets hope for the best and lets do what we can do about it.

PUBLIC MESSAGE:

SAVE (Bachat / cutback)
Switch off the lights when you don't need them.
SAVE (Bachaoo / Rescue)
Keep an eye on the "Kundas" (electricity theft) near your home and take some actions to prevent the illegal usage of electricity.
Make point 1 and 2 your habit :)

Comments

Bomb Threat at Business Avenue

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Scared Terror

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