The progress of Bin Qasim Power Station 3 (BQPS-III) was reviewed by Minister for Industries and Production Makhdum Khusro Bakhtyar. Senior management of KE was present at Bin Qasim Power Complex for the project review.
The 900MW plant is being established at an estimated cost of around USD 650 million. The minister was informed that work on the first unit of 450MW is 90 percent complete while the second phase of 450MW is also proceeding swiftly.
The Minister appreciated KE’s efforts to make sustained investments for Karachi’s betterment. He said, “Karachi is an industrial hub of the country and the focus of my visit was to see the progress across sectors. It is encouraging to see the progressive vision that is driving KE’s efforts. There is tremendous potential for investment in Pakistan, and a robust utility supply is integral to achieving this.”
CEO KE Moonis Alvi also thanked the minister for his visit and said, “BQPS-III is a collaboration between several stakeholders on both the engineering and financing side, which demonstrates the vision we all share for the prosperous future of our city, and for our country.”
