Business

Alterations to the Structure: Financial Reiterating the Minister’s Determination to Restructure the Power Sector

Published

on

In order to enhance the effectiveness of the power sector and the quality of the services it provides, the Minister of Finance and Revenue, Muhammad Aurangzeb, has detailed the structural reforms that are now being implemented.

He stated that the reforms included reconstitution of Boards of Directors of Discos by bringing in professionals from the private sector and reducing the number of government nominees in order to bring about more efficiency in the boards and improve overall service delivery. This was stated in a conversation with Mark Skelton, Chairman of the Board of Directors of K-Electric.

For the purpose of exchanging perspectives on K-Electric’s plans to fulfill the increasing energy demands of Karachi and the transition of the firm to renewable energy sources, the meeting was called to ensure that people of the city have access to energy that is both affordable and sustainable.

In order to bring down the cost of electricity for Karachi, the KE team made a presentation to the Minister about its plans to incorporate renewable energy sources into its generation mix.

In addition, they informed the Minister of the additional steps that are being taken by KE in order to improve the delivery of services to Karachiites.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version