KESC top officials tender resignation

By: Sadia Saeed | Published: August 29, 2008

KARACHI - In a meeting of the Board of Directors of Karachi Electric Supply Corporation on Thursday, newly-appointed KESC head Naveed Ismail got resignation from its executive director business operations while asking some other senior officials to submit their resignations immediately, The Nation has learnt.
Executive Director Business Operations Syed Tanzeem Hussein Naqvi is the first victim of the new management while Akram Durrani, HR Director, Uzma Amjad Ali, Legal Aid Director, Zahid Badshah, IT Director, Wajahat Hussain, Director Store Keeping, Kamran Yusuf, Director FHE also handed over their resignations to the new management, the sources concerned said. Jaleel Tareen is expected to take charge as Chief Financial Officer, the sources added.
The sources said Naqvi resigned because of the appointment of non-technical MD by Al-Abraj. Other reason for his resignation is attributed to KESC financial conditions. The company has to get Rs 56 billion from WAPDA, Rs 17 billion from PSO and Rs 9 billion from Sui Southern Gas Company. It has also been learnt that the KESC has started its production from gas due to rising oil prices. This has left the city with devastating power crisis. The WAPDA was providing cheaper electricity which is now cut up to 400 MW per day due to malpractice in the KESC.
While the officials were busy in the meeting, the city was facing the worst-ever power outage. The recurring power deficiency has increased to 1100 MW while the required amount of electricity is around 2200 MW. The Units 1, 4 and 5 of Bin Qasim power plant are not generating electricity because of the maintenance problem, leading to 50 per cent decline in power generation.

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