Karachi: Karachi Electric Supply Company KESC has signed an agreement with the Export Processing Zone Authority EPZA to supply an additional 4 megawatts of power to the Authority to ensure sustained growth of economy and industrial sector in the city. The Authority would distribute the additional electricity to the industrial units established in the Zone.
On behalf of KESC, Nayyer Hussain, Chief Distribution Officer, signed the agreement, whereas Riaz Ahmed Shaikh, Secretary EPZA represented Export Processing Zone Authority.
Speaking at the occasion, Hussain said “KESC always believes that industrial sector is the backbone of economy and uninterrupted power supply is the key to economic growth”. According to the Distribution Chief, KESC’s management philosophy has been very clear when it comes to the industrial segment i.e. to keep the industrial wheels running so as to ensure industrial growth of the economic hub of the country. He reiterated that KESC had exempted all major industrial sectors in its license area from load shedding ever since the new management took over back in late 2008.
Hussain stated that after extensive investment in Power Generation side to the tune of USD one billion dollars, KESC would continue to maintain its focus towards distribution network entailing new 11KV feeders, Ariel Bundle Conductors ABC and High Voltage Distribution System HVDS projects in high loss areas, SAP-ISU roll-out in 9 IBCs, Pilot project of Smart-Grid and improved customer services.
Riaz Ahmed Shaikh appreciated KESC support and expressed gratitude to KESC new management for quickly wrap up of long awaited issue and assuring the best support in future.
The meeting was attended by Zafar Naqvi, Director Finance, EPZA; Syed Muhammad Taha, Director-Strategy & Planning, Distribution, Mir Fakhir Ali, Deputy General Manager, Strategy, KESC and others.