K-electric intends to set up two power plants at Bin Qasim

KARACHI (City News) – K-electric designs has reported to set up two power plants at Bin Qasim, delivering 450 MW each to take care of the rising demand of power in the city.

The top managerial staff of the K-electric has affirmed the venture.

Notwithstanding, the KEL in its documenting to Pakistan Stock Exchange additionally said that the board noted with worry that the good consequence of the organization’s audit request of on multi-year levy assurance 2017 which is pending in NEPRA is basic for financing and advancement of this venture.

As per the authority, amid crest request in summer, it spans to 3000 to 3200 megawatt while the generation ranges from 2600 to 2700 megawatt so the deficiency touches characteristic of 500 megawatt.

After each passing year the utilization of power has been expanding by five percent for every annum.

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