Monday 11 April 2011

PSO starts provision of oil on discounted rates: KESC

KARACHI: Pakistan State Oil (PSO) has started the provision of furnace oil to Karachi Electric Supply Company (KESC) on discounted rates.

According to the sources, government announced to grant Rs 1 billion to KESC.

KESC spokesman said they were informed that oil of worth Rs 1 billion would be provided to the company.

Earlier, the KESC sources had warned that load shedding would be increased to fourteen hours if furnace oil was not provided to them on discounted price rates.

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