Staff Reporter Karachi
A delegation of senior industrialists and members of Karachi Industrial Forum visited K-Electric’s (KE) 900 MW Bin Qasim Power Station 3 (BQPS-III) on Monday and were apprised of the progress on the mega project, being set up at an estimate cost of USD 650 million.
The delegation included 25 members of Karachi Industrial Forum (KIF) which is a joint platform of 7 prominent industrial associations of Karachi including Landhi Association of Trade and Industry (LATI), Bin Qasim Association of Trade and Industry (BQATI), North Karachi Association of Trade and Industry (NKATI), Korangi Association of Trade and Industry (KATI), Federal B Area Association of Trade and Industry (FBATI) and SITE Association of Trade and Industry (SATI), SITE Super Highway Association of Industry (SSHATI).
On this occasion, top management of KE including Moonis Alvi – Chief Executive Officer, Sadia Dada – Chief Marketing and Communication Officer, Abbas Husain – Chief Generation & Transmission Officer, Muhammad Aamir Ghaziani- Chief Financial Officer, and Amer Zia – Chief Distribution Officer welcomed the delegation.
During the visit, KE’s management briefed the delegation about the city’s rising power demand as the utility’s total consumers increased by over 226,000 and observed a growth rate of around 26% in the industrial sector, last year.
They were also told that as per estimates, the power utility expects addition of around 700 MW new connections by FY 23, with almost half of it coming from industrial consumers.
The delegation was further apprised about BQPS-III possessing efficiency of around 60%, will be one of the top 5 highest efficiency plants in the country and will be critical to meet Karachi’s rising power demand.
Furthermore, delegates were also informed about the measures being taken by the utility to facilitate existing and future industrial consumers.
During the visit, head of power committee and former president KATI, Danish Khan said, “Karachi’s share in the country’s export is 52% therefore, Karachi’s development is pivotal for Pakistan’s growth.
It is encouraging to see enormous efforts K-Electric has been making towards development of Karachi, the way it has reduced line losses.
