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PSP chief reiterates stance to end KE’s monopoly

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A meeting of the Central Executive Committee, National Council, Central Departments and District in-charges of Pak Sarzameen Party was held at the party’s secretariat – Pakistan House on Friday. The meeting was presided over by PSP Chairman Syed Mustafa Kamal and President Anis Kaim Khani. Several national level issues including the spread of Coronavirus, prolong and unannounced load shedding and excessive bills by KE were discussed in detail. On this occasion, Chairman PSP Syed Mustafa Kamal said that for the last several years, the incompetent management of K-Electric is passing the buck of its poor performance on the people of Karachi. The only solution to prolonged load shedding and over-billing is to end K Electric’s monopoly on the purchase and transmission of electricity and issue licenses to various companies in Karachi to purchase and supply electricity in the style of cellular companies, he said Not only will there be competition in the power sector, and every company will try to improve service delivery, but also the consumers will be safe from the burden of extra bills and load shedding. Kamal further said that hours-long load shedding was being carried out in the scorching summer despite supply of 800 MW power to KE from the national grid. KE has to get 650 MW as per agreement with NTDC. K-Electric’s incumbent management is trying to sell the company to buyers at exorbitant prices at the expense of Karachiites, which is why it did not purchase furnace oil to reduce its administrative costs so as to improve its balance sheet. The water crisis in Karachi has become more serious due to prolonged load shedding. PSP is fighting against the tyranny of K- Electric practically on every front

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