KARACHI - MQM lawmakers have demanded of the federal government to nationalise the Karachi Electric Supply Company (KESC) so that the prevailing power crisis of the City could be resolved. They said that due prolonged loadshedding, the industrial sector in the metropolis was losing Rs 2 billon daily. Addressing a press conference at the Karachi Press Club, along with other party leaders, here Wednesday, MQM Senator Abdul Haseeb Khan said unemployment was growing exponentially thanks to the prolonged power outages, which were forcing investors to shut down their industries. He alleged that despite having the ability to produce required electricity for the City, KESC administration was deliberately producing minimum electricity to save their revenue. He informed that KESC, from the last few months, had been generation only 1000-1200 mega watts of electricity with a result of massive loadsheddding in the metropolis. MNAs Syed Asif Hasnain, Keshwar Zehara, MPAs Moin Khan, Bilqees Mukhtar and Town Nazim Gulshan-e-Iqbal, Wasay Jalil, also blamed the KESC for its incompetence to overcome the power crisis in Karachi. MNA Syed Asif Hasnain said KESC should be nationalised if its current management failed to resolve the issue. He maintained the privatisation of the KESC, which was also supported by the MQM, failed to work in the best interests of the people of Karachi. He said former as well as the current KESC managements had completely failed to fulfil their promises of pumping money into the sick utility. Hasnain further said people were forced to come out on the roads simply because the KESC failed to provide electricity for the last many days. He said that after the recent torrential rains, that lashed Karachi, power could not be completely restored. The MNA added that people were being forced to close down their factories because of the ineptness of KESC. He demanded of President Asif Ali Zardari, Prime Minister Yousuf Raza Gilani, Federal Minister Raja Perveaz Ashraf, Sindh Chief Cinister and the Governor to take strict notice of KESCs poor performance. Hasnain said that new KESC administration did not bother to improve infrastructure of the company, upgrade power supply lines and enhance its power-generation capacity in order to resolve the loadshedding problem forever. Loadshedding has also badly affected education of the students, paralysed business and trade activities and gave rise to unemployment in the City due to the closure of industrial units, he said. Earlier, a large number of elected representatives of Muttahida Qaumi Movement in Senate, National and Sindh Assemblies, and councillors held demonstration against the KESC in front of the Karachi Press Club. They raised slogans against the CEO of the company, Naveed Ismail, and demanded the government to take action against him.