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KESC strongly rejects TIP’s charges, says they are baseless

Karachi Electric Supply Company (KESC) has categorically rejected the frivolous allegations made by the controversial NGO, Transparency International Pakistan (TIP), whose own credibility, the company says, is questioned by many.

KESC has said that the TIP has never bothered to confirm or take the power utility’s version over the charges that it always levels in its various so-called research reports and letters. Most of its stated allegations are in direct opposition to the actual facts and have no substance at all. It clearly shows that the TIP is driven by some ulterior motives at the behest of its masters or supporters.

KESC pointed out that the Pakistan Chapter of the TIP had been found involved in such kind of ill-informed, ignorant and mala fide studies and self-contradictory stories which not only make its own credibility doubtful but also force one to question its very purpose. Despite repeated answers and available facts on KESC’s website and published reports which have been verified through independent auditors and other entities, the TIP always chose to come up with the same old rejected charges against KESC, only to serve vested interests.

KESC stated that the contents of the TIP’s report/complaint were baseless, mala fide and false. KESC strongly rejected every single allegation leveled against it by TIP and said it reserved its right to take all the legal steps to safeguard its business and reputation at the expense of TIP.

KESC clarified that the NGO did not seem to be aware of the fact that the power utility had invested more than $1 billion during the last three years and had added over 1,000MW of electricity to its grid through additional power generation.

TIP is either completely ignorant of basic facts or deliberately ignores ground realities around Nepra’s working and tariff determination role, tariff structure of the KESC, fuel surcharge, tariff differential subsidy, fuel supply issues, power purchase agreements of KESC, load shedding regime being followed by KESC and various other visible accomplishments of the utility. Just to highlight TIP’s ignorance, the tariff differential subsidy passed on to the end users by the government, has been attributed to KESC, in order to create the false impression that the benefit is going to KESC.

TIP’s own reputation and credibility is not open from doubt, so KESC considers it important to inform the public at large that dubious allegations from the NGO are groundless and should be ignored.

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