With an investment of over Rs 130 billion since 2009, K-Electric (KE) has added 1,057 megawatts to its generation capacity including its flagship 560 MW Bin Qasim Power Plant-II commissioned in 2012. Moreover, through various measures, overall generation fleet efficiency has been increased by 22 percent. In addition to its own generation sources, KE also purchases power from various IPPs in accordance with regulatory guidelines and procedures.
KE remains fully committed to serve the people of Karachi therefore; it has also unveiled its plan for the development of a 900 MW power project with an estimated cost of $1 billion. The initiative is in line with KE's commitment to increase its generation capacity, which will help to meet the growing energy needs of Karachi. Once completed, it will represent one of the largest private sector investments of its kind in the country's power sector.
Adding new generation capabilities and strengthening its transmission and distribution network are currently KE's highest priorities. The power utility is also taking major steps towards enhancing transformation capacity and improving the reliability of power supply to its customers. The development work of TP-1000 (Transmission Enhancement Plan), a US$ 450 million project, is progressing on a fast track.
KE has further intensified its overall drive against power theft and illegal abstraction. Replacement of old wires with 'kunda-resistant' Aerial Bundled Cables (ABC), which is an innovative concept for power distribution guaranteeing both safety and higher system efficiencies, is part of the vision to further enhance the reliability of power supply across its network. The power utility remains fully committed to better serve the people of Karachi and to ensure the growth of economy of Karachi and Pakistan.-PR