K-Elec­tric claims in­crease en­ergy sup­ply by 5.1pc

Pakistan Observer - - KARACHI CITY -

AMANULLAH KHAN KARACHI—K Elec­tric has claimed that the en­ergy supplied by K-Elec­tric in terms of units has in­creased by 5.1% dur­ing the year ended 30 June 2015 as com­pared to the pre­vi­ous year ended 30 June 2014.

The util­ity provider shared that KE supplied 16,111 mil­lion units (Gwh) dur­ing the year ended 30 June 2015 as com­pared to 15,332 mil­lion units (Gwh) dur­ing the pre­vi­ous year ended 30 June 2014.

KE fur­ther high­lighted that a growth of 3.8% was also wit­nessed dur­ing the nine months pe­riod ended 31st March 2016 as com­pared to the cor­re­spond­ing pe­riod end­ing 31st March 2015. This growth was made pos­si­ble due to ad­di­tion of steam tur­bine at CCPP Ko­rangi and through en­hanced main­te­nance of ex­ist­ing fleet. Through var­i­ous mea­sures, KE has been able to in­crease ef­fi­ciency, avail­abil­ity and re­li­a­bil­ity of sup­ply.

K-Elec­tric spokesper­son shared, “We have in­vested over USD 1.2 bil­lion in our gen­er­a­tion ca­pac­ity, trans­mis­sion net­works and dis­tri­bu­tion ser­vices since 2009. Over the next 5 to 6 years we plan to in­vest an­other $2.2 Bil­lion USD to fur­ther en­hance our in­fra­struc­ture as part of our as­pi­ra­tion to be­come a net ex­porter of elec­tric­ity by 2020.”

De­spite the chal­leng­ing en­vi­ron­ment in which KE op­er­ates, the com­pany has added 1,037 MW in the past six years and re­cently com­menced work on $400mn Trans­mis­sion up­grade project. Up­com­ing ini­tia­tives in­clude a 700MW coal-based power project at Port Qasim to di­ver­sify the fuel mix. This press state­ment may also be taken as con­tra to some re­cent re­port on the sub­ject, where the cor­rect facts have been men­tioned above.

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