KARACHI: The consumers don’t consider K-electric as a reliable source of electricity due to which almost 95% of the offices, factories and homes keep diesel/petrol generators as an alternate backup for electricity. This was claimed in a report “Karachi Electricity Supply of Research & Development Department” of Karachi Chamber of Commerce and Industry (KCCI). It said a number of complaints which were brought to light during a survey of the consumers.

It says that even in areas where there is near 100% recovery, consumers face frequent electricity breakdowns which lasts 10 to 15 minutes only, sometimes accompanied by voltage fluctuations which severely damage household electronic items and cost the consumers heavily. As a general perception, more efficiency, professionalism and transparency is expected from a privatized, listed and foreign held entity. Ten years’ span is a decent time to completely transform a company after privatization on the generally accepted international best practices and corporate governance standards.

Published in Business Recorder, 27th March, 2018

https://epaper.brecorder.com/2018/03/27/24-page/707253-news.html