Sources close to the development have revealed that the Government of Sindh and the Karachi Water and Sewerage Board (KWSB) have not made any payments to K-Electric since January.
This non-payment has resulted in a financial crisis for K-Electric, significantly hindering its ability to maintain its network.
In response, K-Electric has issued letters to key officials, including the Sindh Secretary of Finance and the Mayor of Karachi, urging the immediate settlement of outstanding electricity bills. In May alone, K-Electric sent five reminders regarding the overdue payments.
The Water and Sewerage Board owes K-Electric 5 billion rupees. K-Electric has warned that failure to settle these dues promptly could lead to network failures and prolonged power outages in the city.
To address the power outage issue, K-Electric and the Sindh government have agreed to form a joint committee in Karachi. A high-level meeting took place today between the Sindh Government, represented by Energy Minister Nasir Hussain Shah, and K-Electric, represented by CEO Moonis Alvi and senior officials.
During the meeting, it was decided to establish a joint committee comprising representatives from both the Sindh Government and K-Electric. This committee will work on addressing public grievances, ensuring timely bill payments, and developing strategies to minimize load shedding and ensure an uninterrupted power supply in the city.
K-Electric’s CEO reiterated the company’s commitment to cooperating fully with the residents of Karachi during the heatwave, emphasizing that uninterrupted power supply is contingent on the payment of bills.
