KESC says no current payable to NTDC
Posted on 12 months ago
In a press release, it said that the amount that KESC owes to SSGC is Rs27 billion and not Rs41 billion, and it has mainly to be settled against Rs. 18 billion payable by Karachi Water and Sewerage Board (KWSB) to KESC, as agreed.
It said since the new management in September 2008, a total amount of Rs. 142 billion has been paid to NTDC against purchase of electricity worth Rs. 131 billion. KESC said that during current fiscal year 2011-2012, Rs. 46 billion have been paid to NTDC against power purchase of Rs. 47 billion.
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