An official’s disclosure to a parliamentary panel on Wednesday has raised concerns about the electric supply situation in Karachi, Pakistan’s economic hub.
The official warned that if the federal government fails to provide subsidies to K-Electric (KE), a private company responsible for supplying power to Karachi, the city may face the grim possibility of an electricity shutdown. “The federal government provides a subsidy of Rs.10 to Rs.20/unit to K-Electric to maintain the tariff differential”, told the power secretary.
The impact of electricity shortage
This revelation highlights the critical role that subsidies play in ensuring a stable and reliable electricity supply. K-Electric, being a private entity, relies on government subsidies to maintain its operations and meet the increasing energy demands of Karachi’s growing population and industries.
The potential shutdown of the electric supply in Karachi could have far-reaching consequences. It would not only disrupt the daily lives of residents but also adversely affect businesses, industries, and the overall economic activity in the city.
Power outages have a cascading impact on essential services like healthcare, education, and transportation, exacerbating the challenges faced by the citizens. Given the significance of Karachi as Pakistan’s commercial capital, it is imperative for the federal government to address this issue urgently.
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Failure to provide the necessary subsidies to K-Electric could plunge the city into darkness, impeding its progress and development. A collaborative effort between the government and private sector is crucial to ensure an uninterrupted power supply for Karachi’s residents and businesses, thereby fostering economic growth and stability in the region.
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