KARACHI: The Head of AsiaPak Investment Shahriar Chishti has said that AsiaPak Investment will acquire 54 % shares in K- Electric very soon.
Shehryar Chishti AsiaPak head disclosed while talking a press conference that an investment of $3.5 billion will be made in the next five years for cheap electricity. This investment will encompass wind, coal, and solar energy projects to ensure affordable electricity for the citizens of Karachi.
Shehryar Chishti said that In the first phase, the power plant located in Jamshoro will be shifted from imported coal to Thar coal as the production at Jamshoro Coal Power Plant has been shut down due to non availability of imported coal.
