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Pics Home > Business > Chinese Firm To Take Over K-Electric From January 2017
Business Submitted By: Hamza Nasir [Karachi]
 

Chinese Firm To Take Over K-Electric From January 2017

Chinese Firm To Take Over K-Electric From January 2017
Chinese Firm To Take Over K-Electric From January 2017. it has been confirmed that the Chinese Firm, Shanghai Electric has bought Karachi Electricity Supply Corporation (KESC), and will officially run its operations from 1st January, 2017. Hence, K-Electric has to bid farewell with the course of privatization. However, the source claimed that the take-over will bring a sigh of relief to the citizens of Karachi as a result of cheap electricity and no load-shedding. Furthermore, there will be implemented a new system in buying electricity and that is by, ‘card system.’ According to the source, an individual will buy electricity the same way it buys balance for its mobile phone, via card system. This way you will be responsible for the amount of electricity you consume without any complaint of load-shedding and electricity theft.
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