SHC dismisses petitions against the privatization of KE

Syed Umarullah HussainiWeb Editor

21st Jan, 2021. 12:32 pm
SHC

On Thursday, the Sindh High Court dismissed the petitions filed against the privatization of Karachi Electric (KE).

According to the details, the KE Labour Union had approached the court in 2005 against the government’s decision to privatize the power utility.

The judgment was reserved by a two-judge bench of the SHC, comprising justices Aqeel Ahmed Abbasi and Arshad Hussain Khan after hearing arguments from both sides in 2017.

While announcing the reserved verdict, the court in its remarks stated that the process of privatization of the Karachi Electric was not ‘illegal’ and the applicants failed to satisfy the court that why the KE cannot be privatized.

The SHC rejected the pleas of the K-Electric Labour Union.

KE on its official Twitter handle welcomed the decision by Sindh High Court in favor of the power utility.

KE in its Tweet wrote:

K-Electric (KE) welcomes the landmark decision by the Honourable Sindh High Court under which all petitions challenging privatisation of KE have been dismissed in favour of KE, its shareholders, and the Privatisation Commission (GOP), as announced in the open court today.

On the other hand, the Chief Executive Officer of K-Electric Monis Alvi has said that 250-megawatt electricity from Bin Qasim Power Plant will be inducted into the national grid this year.

Addressing a press conference in Karachi, he said that K-Electric and National Transmission & Dispatch Company teams are working jointly.

He said that the government has installed the plant of gas for K-Electric and the government has promised to install a new terminal and provision of gas till 2025.

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