Ministry of Water and Power has instructed PEPCO not to cut off electrify of Karachi Electric supply Corporation (KESC) due to non payment of due of Rs 28 billion.
Earlier PEPCO had issued the notice to KESC for the payment of Rs 28 billion dues by Saturday evening otherwise their supply would be suspended. However Minister of Water and Power Syed Naveed Qamar took notice into the matter and ordered to resolve it within three days. Whereas KESC management has been asked to arrange the payment.
DG Pakistan Electric Power Company (PEPCO) Muhammad Khalid has said that KESC has not repaid its due yet due to which PEPCO is facing financial hardship as it purchased the electricity worth of Rs 90 billion since 2008.
On the other hand the sources in KESC claimed that they paid Rs 44.5 billion to PEPCO during lat four and half months. He added that KESC has to recover Rs 41 billion out of which Rs 31 billion are outstanding against the federal and provincial governments’ departments, and that KESC has been paying all its dues regularly since three years.
