Wednesday, 24 July 2013

Steel Mills, KESC reach agreement over dues row Pakistan Steel Mills (PSM) and Karachi Electric Supply Company (KESC)

KARACHI: Pakistan Steel Mills (PSM) and Karachi Electric Supply Company (KESC) reached a deal on Tuesday on the payment schedule following which the utility company restored complete power supply to the crisis-hit steel corporation.

KESC had earlier restored the power supply of the residential areas of the Steel Mills after getting assurance on the payment of Rs250 million from the company. But the power supply within plant’s boundary was still disconnected owing to the non-payment of

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