Bahria Town Karachi and K-Electric Signs Power Plant Agreement In Dubai

Bahria Town Karachi to get 24-hour continuous power supply

Bahria Town Chairman Malik Riaz Hussain has reiterated his vision of putting Karachi on a par with the leading metropolitan cities of the world, and, this time, it’s none other than the hardcore issue of Karachi—the energy crisis, says a press release.

In a historic development, Bahria Town (Pvt) Ltd and K-Electric Limited have entered into a strategic partnership of multi-billion rupees for electric power generation through coal and/or LNG in the coming 3-4 years and electricity distribution services, for reliable and improved power supply in the business hub of the country.

The VCE Bahria Town, Zain Malik and CEO of K-Electric, Tayyab Tareen signed the relevant agreements on behalf of their companies in a solemn ceremony held in Dubai. Malik Riaz Hussain, Tabish Gohar (Chairman, K-Electric) and Ahmed Ali Riaz Malik (CEO, Bahria Town) were also present during the signing ceremony.

This strategic partnership is aimed at ensuring an end to the energy crisis. It will also curtail the electricity shortage through reduction of distribution losses and introduction of latest technology. Both parties re-affirmed their mutual commitment to strive for the betterment of Karachi.

Malik Riaz Hussain, Bahria Town Chairman, praised the K-Electric company for their endeavours to reduce the power crisis in Karachi and expressed his determination to keep on striving and leaving no stone unturned to bring up Karachi on a par with its counterparts in the world.

He added that Bahria Town, Karachi, projects are already providing best employment and profitable businesses to hundreds of thousands of people in Karachi. He reiterated that their economic mobility, through adding healthy business activities to the city, including Grand Jamia Mosque with capacity of eight lac people, golf course, theme park, night safari, university, hospital, shopping mall, etc., will bring along an economic & cultural revolution and will in turn bring positive change in the law & order situation of the metropolis. He emphasized that initiation of possession in Bahria Town, Karachi, in a short span of eight months only is a clear proof that Bahria Town delivers what it commits. He characterized the agreements with K-Electric as a new era in resolving the energy crisis on eternal, perpetual and permanent basis and start of a new one for Karachi & Pakistan.

Malik Riaz said that billions of rupees electricity projects based on coal and LNG are being built for Karachiites, and it would make 24-hour continuous power supply to Karachi Bahria Town.