Govt body to review KESC privatisation

KARACHI - Federal government is likely to constitute a committee under the supervision of federal law minister, Farooq Naek, to review the privatisation of the KESC, The Nation learnt from its sources.

The privatisation of the company is being largely criticised by the government and private sectors because since then KESC is facing huge financial deficit and its generating ability has also been reduced, said the sources.

It is worth mentioning here that the company has failed to invite any investment in the generating and distribution sector. “The only concern for the management is to draw hefty salaries and turn deaf ear towards the plight of the sufferings of citizens”, sources added.