AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)

The Karachi Water and Sewerage Board (KWSB) is suffering from its worst-ever financial crisis due to the lockdown, official sources said on Monday.

They said the board's recovery stands less than 10 percent due to COVID-19-related social restrictions, making it impossible for the resource-starved water utility to continue even routine operations.

This grim situation, they feared, could cause an acute shortage of water in the city in the holy month of Ramazan.

The water supply system is on the verge of collapse, the daily repair work of water pumping stations is at a standstill, supply of chlorine, petrol and diesel is suspended while disbursement of salaries to thousands of employees is also almost impossible due to this historic financial crunch.

Meanwhile, the Managing Director of KWSB, Asadullah Khan, has sought immediate help from the Sindh government over the dire situation, fearing a riot could be triggered due to suspension of water supply during Ramazan to the city of more than 25 million people.

The KWSB is a self-financed government organization that runs its affairs such as repair and maintenance of machines, disbursement of staff salaries and pensions etc from the recoveries of water bills.

Sources said that on the eve of Ramazan, the KWSB has to perform additional operational work to improve the efficiency of water supply and sewerage system, but due to the current financial crisis due to non-recovery of its water receivables from consumers, the execution of even daily affairs has also been halted.

Sources revealed that owing to non-payment of dues, the supply of chlorine to the water board has been stopped, while the supply of diesel to the sewer cleaning machines for cleaning sewerage lines is also suspended.

Sources added that contractors working on the maintenance of water supply lines have refused to continue operations further due to non-payment of their dues.

On the other hand, the water board has to pay employees two months' salary. Hundreds of employees are also being paid pensions for which the water board does not have funds.

Copyright Business Recorder, 2020

Comments

Comments are closed.