Loadshedding and overbilling: NAB chairman orders inquiry against K-Electric

Loadshedding and overbilling: NAB chairman orders inquiry against K-Electric

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According to a statement issued by the anti-corruption agency on Thursday, the National Accountability Bureau Chairman Justice (retired) Javed Iqbal (Javed Iqbal) ordered the power company K-Electric overcharge and load dump investigation.

“The chairman has taken notice of media reports and public protests against overbilling and prolonged power outages in the metropolis,” read the statement.

The responsible supervisory authority said that according to an agreement with the federal government, the power supply company should invest.

The National Australia Bank statement said K-Electric was accused of failing to reach an agreement with the government.

In an order, Chairman Iqbal instructed the National Bank Karachi Branch to obtain a copy of the agreement, saying that the investigating agency would not allow K-Electric to bill consumers a billion rupees.

He said that the National Bank believes that the accountability system is not biased and that KE will have to fulfill its obligations under the agreement signed with the government.

Justice Iqbal (ordered) ordered Karachi Naval Base to complete the investigation of the power supplier within three months.

He also asked the Karachi office to obtain relevant documents on investment and agreement details from the company.

At the same time, K-Electric (KE) Chief Executive Officer (CEO) Moonis Alvi apologized to the people of Karachi because of the long power outage in the metropolis and accepted that the city has been witnessing a drop in load. According to him, more happened.

The person in charge of KE said that the reason for reducing the load was the high demand of 3,560 megawatts (MW), and in the best case, the power company generated 3,200 MW.

Alvi assured the Karachi people that power generation will improve in a few years. He added that in the next few days, when the temperature continues to drop, the reduced load will decrease.

He said that if the government approved a new 700MW power plant as early as 2016, Karachi’s electricity supply would be better.

“In 2016, the power plant project had a setback due to technical reasons,” he said, explaining that the power utility company was asked to focus on power generation using the local variant of coal, whereas the ‘system’ was designed for the use of imported coal.

On Sunday, after meeting with KE management, Federal Minister Asad Umar warned the power company to improve performance, otherwise the government would take over control of the company.

Later, Governor Sindh Imran Ismail also penned a letter to the National Electric Power Regulatory Authority (NEPRA) over K-Electric’s excessive billing requesting an audit into the complaints launched against the company.

The governor, in the letter, asked the NEPRA chairman to conduct a “thorough audit” of complaints lodged against the KE for excessive billing, and those which are found valid, be refunded “instantly”.

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