FAISALABAD: Federal Minister of Energy Hamad Azhar inaugurated the 132 KV grid station and gas pipeline at FIEDMC M3, Allama Iqbal Industrial City.
FIEDMC President Zafar Sarwar, Fesco CEO (CEO) Faisalabad Electric Supply Company (FESCO) Bashir Ahmed and former Fesco CEO Fesco Ehtesham Javed were also present on the occasion. He said that Faisalabad Industrial Estate Development and Management Company is taking steps to provide facilities to industries, which is commendable. The new 132 KV FIEDMC and Allama Iqbal industrial urban networks were completed in advance on a priority basis, which includes the efforts of FIEDMC and Fesco.
Previously, the 132 KVM grid station was insufficient to meet the needs of this industrial area. Due to increasing industrial development, new networks have been set up at FIEDMC. New industrial connections from the 132 KV Allama Iqbal Industrial City Grid will soon be launched. Fesco has already upgraded the transmission lines at a cost of Rs 611 million in collaboration with FIEDMC to improve the capacity of the system.
After the inauguration, Hamad Azhar visited Fesco. The ceremony was also attended by FIEDMC President Zafar Sarwar, Deputy Sheikh Khurram Shehzad, Minister Ajmal Cheema and Chamber of Commerce President Atif Munir Sheikh.
On this occasion, Hamad Azhar said that we realize that the poor are worried because of the high prices in Pakistan. Inshallah, inflation will be brought under control very soon. He said that in 2022, the growth rate of the economy will be 5%. He praised Fesco’s efforts and inaugurated the state-of-the-art center.
He said that Fesco has launched an app called Fesco Lite. Citizens can also request a new meter online with an invoice from the Fesco app.
He said that after 10 years, stock companies have made several times the profit thanks to the hard work of Imran Khan and his economics team. He said that now the owners of the industry should also increase the wages of workers on the basis of profit. “We should minimize the use of gas because previous governments did not pay attention to it, which is why gas reserves are dwindling rapidly,” he said. He said we are aware that industry and domestic consumers are worried about the high cost of electricity and that fuel adjustment charges will soon be abolished.
At the end of the ceremony, the president of the FIEDMC Zafar Sarwar and the CEO of Fesco Bashir Ahmed as well as their respective delegations presented shields of honor to the Federal Minister of Energy Hamad Azhar.
Copyright Business Recorder, 2021