MQM-P convener KMS apprises PM Shehbaz of KE’s dire performance

Latest Jun, 15 2023
MQM-P convener KMS apprises PM Shehbaz of KE’s dire performance
  • 153
  • 0

ISLAMABAD: Convener MQM-P MNA Khalid Maqbool Siddiqui called on Prime Minister Shehbaz Sharif and paid him tribute for laying foundation stone of K-4 project. Two leaders exchanged views on prevailing political situation in country during meeting held in PM House. Khalid Maqbool Siddiqui thanked PM for including development projects of Sindh particularly urban areas in budget for financial year 2023-24.

Moreover, Muttahida Qaumi Movement-Pakistan (MQM-P) Convener Khalid Maqbool Siddiqui also apprised PM of K-Electric’s (KE) ‘dire performance’. Khalid Maqbool asked the prime minister to issued licences to new electricity companies, terming the renewal of K-Electric’s licence ‘an opportunity’. “The people of Karachi should have access to affordable and quality electricity options”, he said on the occasion.

In this regard, sources claimed, PM Shehbaz has sought a report from the relevant authorities on the K-Electric issue. During the meeting, the MQM-P convener also requested the prime minister to establish a new federal university in Karachi. He also requested ‘special measures’ to improve the infrastructure of city’s industrial zone. It is pertinent to mention here that K-Electric (KE) – the city’s sole power distribution company sought renewal of its licence as it is about to expire after 20 years.

 The twenty-year term of K-Electric’s power distribution license is about to expire on July 20, and the company has approached the National Electric Power Regulatory Authority (NEPRA) for the renewal of its distribution licence.

Published in The Daily National Courier, June, 15 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Desk
NC Desk https://www.dailynationalcourier.com/author/nc-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

PSX Bloodbath: KSE-100 drops record 4,795 points

KARACHI: The Pakistan Stock Exchange (PSX) experienced another day of significant selling on Thursday as equities entered a correction phase. The KSE-100 Index, which had reached a historic high of 116,169.41 on December 16, 2024, plunged by 4,795 po...

Emirates introduces experiential Travel Store in Karachi

KARACHI: Emirates, the world's largest international airline, has officially launched its new Travel Store in Karachi, making it the airline's first experiential retail concept to be rolled out in West Asia.  Located in the prestigious Sky Towe...

Pakistan, Bangladesh commit to strengthening bilateral ties

CAIRO: Pakistan and Bangladesh have agreed to further expand and strengthen their bilateral cooperation across various sectors of mutual interest. This understanding was reached during a meeting between Prime Minister Shehbaz Sharif and the Chief Ad...

Youth vital for economic growth, Shehbaz tells D-8 summit

CAIRO: Prime Minister Shehbaz Sharif emphasized the critical role of a country's youth in driving its economic development during his address at the 11th Summit of the Developing Eight (D-8) in Cairo on Thursday. While speaking at the summit, PM She...

More like this
Related

ECC bans export of sugar

Islamabad: Economic Coordination Committee (ECC) of Cabinet has imposed ban on export of sugar. According to Ministry of Finance officials, this decision aims to curb escalating sugar prices domestically. Chaired by caretaker Finance Minister Dr. Sha...

PPP CEC decides to advocate general elections in 90 days

KARACHI: Pakistan Peoples’ Party Central Executive Committee decided to advocate organisation of general elections in 90 days.Bilawal Bhutto Zardari chaired session of PPP CEC to make key decisions including general elections and consultations...

PTI reiterates call for election within 90 days

ISLAMABAD: Pakistan Tehreek-e-Insaf has urged electoral watchdog to drop process and conduct polls with 90 days. Both parties made their position clear when ECP officials met them as part of its consultations with major political parties on election...

Bilawal, UN Secy Gen discuss revival of Black Sea Grain Initiative

ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari held telephone conversation with United Nations Secretary General Antonio Guterres and shared Pakistan’s perspective on stalling of Black Sea Grain Initiative (BSGI) and its implications for fo...
Need Help? Chat with us