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Karachi: KESC initiates captive power purchase program - Naveed Yaseen - 04-23-2009 06:06 AM
While there is no let-up in the situation of power load shedding and failures in the city, the Karachi Electric Supply Corporation (KESC) said it is moving ahead with introducing short term and long term solutions that could benefit Karachi as part of its continued efforts to provide maximum relief to its consumers.
The latest of the KESC’s initiative is its Captive power policy. A KESC spokesman said on Wednesday that apart from adding permanent power and rental power to its grid, the power utility has also launched a Captive power policy lately to utilise the excessive available power capacity of the industrial units. This program has created interest among Captive Power Producers and quite a few plans are advancing to finalisation, said the spokesman.
The first company to join this programme is Engro Polymer & Chemical Ltd (EPCL), which signed an agreement with KESC recently to supply 18 Megawatts power supply to the KESC by mid-year 2009. This was yet another breakthrough that was carried forward by a second agreement signing between International Industries Limited (IIL) and the KESC. According to this contract, IIL will supply 4 MWs to KESC within the next two weeks.
http://www.thenews.com.pk/daily_detail.asp?id=173903