KE’s improved efficiency after privatization, example for power companies: PM

Business Mar, 4 2023
KE’s improved efficiency after privatization, example for power companies: PM
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ISLAMABAD: Prime Minister Shehbaz Sharif said Karachi Electric after privatisation witnessed an improvement in efficiency including reduced line losses and increased revenue collection, which was an example for other power companies. In meeting with four-member delegation of Karachi Electric he urged investors of K-electric to make investment in energy sector including solar-powered electricity generation. He said local and foreign companies should explore energy sector of country by making investment. Shehbaz Sharif directed to resolve problems faced by Karachi Electric on priority basis.

He mentioned that government was taking steps to install solar-powered panels at public buildings. Meeting was attended by former Prime Minister Shahid Khaqan Abbasi, PM’s Special Assistant Jahanzeb Khan and senior government officials.

K-Electric delegation comprised Sheikh Abdul Aziz Hamd Aljomia, Non-Executive Director K-Electric Shan Abbas, Chief Executive Director K-Electric Syed Moonis Abdullah Alvi and Chief Regulatory Officer Imran Hussain Qureshi.

Published in The Daily National Courier, March, 04 2023

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