Feb 03, 2021 | By PIEDMC

PIEDMC to supply electricity by itself to all the industrial estates

Punjab Industrial Estate Development and Management Company has decided to supply electricity by itself to all the industrial estates under its management to facilitate the industrialists and to benefit from the open market. On the direction of Chairman PIEDMC Syed Nabil Hashmi, an application is moved to NEPRA for obtaining a distribution license. It should be noted that some time ago, NEPRA has approved the “Competitive Trading Bilateral Contracts Market” for competitive trade. In view of its utility, PIEDMC will purchase electricity directly from this market through open bidding. After the issuance of the license by NEPRA, PIEDMC itself will supply electricity to Sundar, Quaid-e-Azam, Sheikhupura, Rahim Yar Khan, Multan, Bahawalpur, Vehari, and Bhalwal industrial estates. An uninterrupted power supply will be made possible with the best transmission system to the industrial sector. In this regard, Chairman PIEDMC Syed Nabil Hashmi said that the non-supply of utilities in today's industrial age is a terrible process for the industrial sector. We want NEPRA to address the undue delay in supplying power to industrial estates as soon as possible.

 

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