Chairman National Accountability Bureau (NAB) Justice (Retd) Javed Iqbal, took notice of public complaints and media reports and ordered an inquiry against K Electric.
According to a statement issued by NAB, K Electric is accused of overbilling billions of rupees with unannounced long load shedding.
The statement further said that according to the agreement reached with the government of Pakistan, K Electric had to invest in power generation. K Electric is also accused of allegedly not fully abiding by the agreement.
The Chairman NAB directed NAB Karachi to obtain the relevant documents and investment details including a copy of the agreement from K Electric while he also directed NAB Karachi to complete the inquiry against K Electric within 3 months.
Chairman National Accountability Bureau said that NAB always believes in performing its duties in accordance with the law, K Electric will not be allowed to allegedly embezzle billions of rupees in terms of overbilling.
The NAB chairman said that NAB believes in impartial accountability and will not allow unannounced long load shedding and non-compliance with the agreement.
Note that the power crisis in Karachi has intensified and the gap between supply and demand has reached 500 MW.
Production of K Electric’s power plants is limited to 1800 MW. 300 MW of electricity is being supplied from private power plants and 700 MW from the national grid.
The demand for electricity in Karachi is up to 3300 MW.
Spokesperson KE Adil Murtaza said in his statement that, load shedding is mostly occurring areas reporting electricity theft.
He complained that KE is facing non-payment of bills by some customers. Many of the residents are getting electricity through illegal means.
Adil Murtaza said that load shedding is sometimes due to technical faults in the lines.
He said that the federal government was assisting KE in some matters for which he was grateful.
Spokesperson K Electric said the demand for electricity was low during the monsoon.
He asked the consumers to pay their bills on time to avail continuous power supply.
Surjani Town, Orangi Town, Liaqatabad, Gulistan-e-Jauhar, Pahlawan Goth, Bhattaiabad, Malir, and Shah Faisal Colony areas of Karachi are facing severe load-shedding these days.
The people of Karachi are also facing difficulties due to power outages and the unavailability of water in different areas.
Water supply operations in North Karachi, New Karachi, Liaquatabad, Old City Area, Shah Faisal Colony and Abul Hassan Isfahani Road have also been affected.