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Home Business 12MW grid energized to facilitate Getz Pharma’snew plant

12MW grid energized to facilitate Getz Pharma’snew plant

by admin
November 22, 2019
in Business

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Staff Reporter

Karachi

K-Electric (KE) has energized a dedicated 12-megawatt grid along with a dedicated 132kV distribution system to facilitate Getz Pharma’s new manufacturing/production facility in Korangi industrial area.
The ceremony was attended by Khalid Mahmood, MD & CEO Getz Pharma and Moonis Alvi, CEO, KE along with their respective teams.
According to Moonis Alvi, CEO KE, “We are committed to powering industrial growth; energization of this grid today is yet another testament of our efforts towards facilitating industrial consumers to help them unlock their full potential.
To meet the growing power demand of Karachi, KE has planned various initiatives resulting in investments of around US$3 billion across the power value chain over the next few years including the 900 MW RLNG-based BQPS-III, a 700 MW coal-based IPP project, and Transmission and Distribution related projects.”