KARACHI: Adeeb Ahmed was appointed as the acting Chief Executive Officer (CEO) of K-Electric on Friday, ARY News reported.The appointment was made during a meeting of the K-Electric Board of Directors held to discuss the leadership role. The board reached a decision to appoint Ahmed as the acting CEO of Karachi’s sole power provider.Adeeb Ahmed is a seasoned veteran of the company, having served as a director at K-Electric since 2019.According to K-electric websiteMr. Adeeb Ahmad’s career spans 34 years including C-suite roles. He has been involved in managing private…
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PMUs in Discos: Cabinet throws PD’s plan into trash bin
ISLAMABAD: The Federal Cabinet has reportedly thrown Power Division’s plan of Performance Monitoring Units (PMUs) in Discos (Distribution Companies) into the dustbin saying that blocking passports, CNICs and stopping foreign travel were diversions from real sustainable solutions, well-informed sources told Business Recorder. Sharing the details, the sources said, Power Division apprised the Cabinet in its last meeting that after the unbundling of WAPDA, the power distribution business had been entrusted to ten Distribution Companies (excluding Karachi, which was being served by a private company), and that ever since then the appointment…
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