Karachi: According to a recent news source, K-Electric Chief Executive Officer (CEO) Moonis Alvi on Wednesday, the 20th of January, said that the absence of a valid Gas Supply Agreement (GSA) with Sui Southern Gas Company (SSGC) and an expired Power Purchase Agreement (PPA) with the National Transmission and Despatch Company (NTDC) were aggravating the uncertainty around city’s power supply.
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During a press conference, he stated that the Federal Government was fully cognizant of the need to urgently address the issues of GSA and PPA, the final decisions in this regard were still pending.
“These issues are impediments to permanently addressing Karachi’s supply-demand gap,” he said.
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Mr. Alvi said that KE’s flagship 900MW power plant, BQPS-III, was progressing on a rapid ztrack and the gas turbine, generator, and heat recovery boiler for the first unit of 450MW had arrived at the power utility’s Bin Qasim Power Complex.
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