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KESC agrees to supply 50MW power to Pakistan Textile City
22
Feb '13
The Karachi Electric Supply Corporation (KESC) has agreed to provide 50MW uninterrupted power supply to industries in the Port Qasim based Pakistan Textile City.
 
The Textile City is being developed as an exclusive industrial zone for value-added textile items, and would house individual clusters for apparel, denim, knitwear, weaving, bed linen, towel and dyeing, and for ancillary industries like thread, zips, buttons, packaging and printing.
 
The agreement was signed by Dr. Mirza Ikhtiar Baig, Chairman of the Pakistan Textile City, and KESC Director Nayyer Hussain.
 
The draft agreement was earlier approved by the Board of Directors of the Pakistan Textile City as well as by the National Assembly Standing Committee on Textile Industry.
 
As per the deal, in the first phase KESC would provide 50MW of uninterrupted power supply to the Pakistan Textile City project and their industries at Port Qasim from its Bin Qasim Grid Station.
 
In view of the requirement of the industries forming part of the project, the power supply would be subsequently increased in the second and the third phase to a maximum of 250MW.
 
After signing the pact, Dr. Baig said regular power supply is the first thing that investors seek for their units, particularly in view of the gas crisis prevailing in the country, and they can better win the faith of the investors with an assurance of regular supply from KESC’s Bin Qasim power station, which is close to the Textile City.
 
Just like some of the world’s leading industrial zones, the Pakistan Textile City would provide most modern industrial infrastructure and would also be eco-compliant. These attributes would not only allow the zone to help domestic textile units to gain global competitiveness, but would also boost the country’s revenues, while generating more than 80,000 jobs and skill development opportunities at different levels, he added.
 

Fibre2fashion News Desk - India

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