Karachi 3rd Oct, 2013: The Karachi Electric Supply Company has strongly denied the accusations and claims made by the minister of state for water and power, Mr Abid Sher Ali. The honorable minister claimed that KESC has been using more than 650 MW from the NTDC which is against the agreement.
The honorable minister on his visit to the National Power Control Centre said, that KESC is violating its agreement and purchasing more than 650MW from the national grid, against an agreement of 650MW.
In its press statement KESC clarified, that all the data is on record, and the power utility has not taken more than 650MW from the national grid in any month. The press statement denied the accusations made by Mr Abid Sher Ali and said that it seems that the honorable minister has not been briefed properly. KESC has never violated any agreement and the on-record data speaks for itself. The electricity that is being purchased from the NTDC is on record and if the KESC has purchased more than 650MW from the national grid, then the bills should be present accordingly. As per the billing details of last 3 months, KESC had purchased 618MW in July, 608 MW in August and 636 MW in September of this year, which is nowhere near the claims made by the honorable minister.
KESC has been paying all its bills to NTDC for the purchase of this 650 MW under the mechanism agreed in the Power purchase Agreement. It is pertinent to mention that this 650 MW is only 4-5% of total generation capacity of National Grid. Since September 2008, KESC has purchased Rs 223 billion worth of electricity from the NTDC, and against this purchase has paid Rs 226 billion.
The statement also said that KESC is a Public Listed Company and its audit is regularly conducted by one of the world renowned audit firms.