K-Electric is Rs177b defaulter of SSGC

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KARACHI: K-Electric, the power supply company for Karachi, is a defaulter of Sui Southern Gas Company (SSGC) as it has to pay Rs177billion. According to SSGC, the K-Electric is a defaulter of Rs153billion in natural gas bills while Rs24.54 billion is unpaid for RLNG it has purchased from the company. According to SSGC, it has only received Rs530million till September 22 despite being a defaulter of billions of rupees. An SSGC spokesperson said despite the default payments, the company continued to supply gas to KE. The spokesperson said Sui Southern Gas’ current gas sales agreement with KE is only for 10 mmcfd of gas and under the 1978 contract, the company is not obligated to supply more gas to K-Electric. APP