Karachi:
K-Electric proposed a formula to eliminate the loading of the electricity load in the metropolitan city. Three hundred out of 2,129 feeders in the metropolis represent 87% of power losses, which is the main reason for power failures, the CEO of Ke, Moonis Alvi said on Saturday during a delegation from the Council of Economic and Energy Journalists (CEJ).
“If the government takes over these 300 feeders and manages the internal distribution of electricity in these areas, K-Electric will be much closer to rendering Karachi to delight charges of charge,” said Alvi, adding that KE is ready to provide electricity to these 300 feeders, but that the responsibility for recovering invoices from these areas would rest with the government.
The CEO Alvi said that 70% of Karachi was already exempt from load shedding. K-Electric is working on the introduction of new technologies to prevent the feeders’ feeding pilot. He warned that any alteration of PMTS (transformers mounted on the pole) could cause technical faults that could take up to three days to repair. He reiterated the offer to the government to help manage the internal electricity system in these areas.
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The CEO of KE also said that the multi-year (MYT) price of K-Electric would not negatively affect ordinary consumers. Rather, it will encourage foreign investments in the city’s electrical supply system. “The National Electric Power Regulatory Authority will examine the MyT each year depending on the level of investment,” he added.
Alvi said that the implementation of the myT could make Karachi up to 90% without load shedding by 2030.
Answering a question, Alvi said KE was ready to provide electricity to captivity electricity industries by connecting them to the network. “We are ready to follow the calendar agreed with the government and the stakeholders for this transition.” Industrial activity in Karachi has increased in recent months, resulting in an increase in demand for electricity, he added.
