K-Electric to set up its 500 KV Grid by 2021: Energy Minister

K-Electric to set up its 500 KV Grid by 2021: Energy Minister

Omar Ayub Khan, Federal Minister for Energy, has uttered hope that K-Electric (KE), will set up its own 500 KV Grid by 2021, which will get better the electricity system in the metropolis.

The proclamation came while addressing a press conference in Islamabad alongside Punjab Energy and Environment Minister Dr. Akhtar Malik.

“The sole electricity supplier in Karachi had not fulfilled its agreed investment, therefore, the power system will be enhanced from next year,” he commented.

The Federal Minister apprised that the sole electricity supplier in Karachi, K-Electric (KE), has not fulfilled its agreed investment; therefore, the power system would be enhanced from next year. He uttered hope that K-Electric would set up its own 500kV grid by 2021.

“We have a conversation with the management of ten Universities and they have decided to acquire the solar-powered system. The rates of solar energy were Rs2 to Rs3 per unit two to three years ago, whereas the  per-unit price at present is Rs6.”

Federal Minister also criticized the past governments for their policies due to which Pakistan was producing energy by imported resources. “Prime Minister Imran Khan has given the vision to provide the best facilities to the nationals,” he said.

He also apprised that the PTI-led Federal Government will proclaim a major change in the energy sector and it will be disclosed soon through the reforms process.

 

 

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