Pakistan's KESC to boost generation capacity
$400 million for enhancing generation capacity.
This is what the Karachi Electric Supply Company is planning to spend in order to meet growing power demand across its service territory.
The KESC would arrange these funds from local and foreign institutions in the shape of both debt and equity.
These funds will also be utilised in reducing power generation cost and building requisite transmission capacity to meet ever-rising demand of electricity in Karachi.
Under the new investment plan, KESC is undertaking combined cycle projects at its three power plants in Korangi and SITE area where it would enhance efficiency of the plants and add additional 47MW of generation capacity.
A specially-designed ‘transmission package’ will see installation of new transformer bays, in addition of three new grid stations at strategic locations and extension of six existing grid stations.
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