K-Electric now profitable, but its transmission and distribution problems remain
The Public Accounts Committee (PAC) on Wednesday questioned the investment strategy of K-Electric that made the company profitable, but did not fully resolve the transmission and distribution problems being faced by consumers of the country’s largest city.
K-Electric invested only $100 million which was far less than the requirement and resulted in high technical and distribution losses, said PAC Chairman Syed Khursheed Shah. He was of the view that K-Electric has not made the required investment in the distribution sector.
Published in The Express Tribune, 21st December, 2017