KE's 12mw grid energized to facilitate Getz pharma's new plant.
K-Electric (KE) has energized a dedicated 12-megawatt grid along with a dedicated 132kV distribution system to facilitate Getz Pharma's new manufacturing/production facility in Korangi industrial area. The ceremony was attended by Khalid Mahmood, MD and CEO Getz Pharma and Moonis Alvi, CEO, KE along with their respective teams.
According to Moonis Alvi, CEO KE, "We are committed to powering industrial growth; energization of this grid today is yet another testament of our efforts towards facilitating industrial consumers to help them unlock their full potential. To meet the growing power demand of Karachi, KE has planned various initiatives resulting in investments of around US$3 billion across the power value chain over the next few years including the 900 MW RLNG-based BQPS-III, a 700 MW coal-based IPP project, and Transmission and Distribution related projects."
Speaking at the ceremony, Khalid Mahmood, MD and CEO, Getz Pharma said, "This grid station was necessary to fulfill the load requirements of the company's new plant Astola, which is the largest pharmaceutical plant in Pakistan, designed to obtain World Health Organization (WHO) accreditation and Leadership in Energy and Environmental Design (LEED) Gold certification. It will go a long way in enabling Getz Pharma to retain its status as Pakistan's largest pharmaceutical exporter and lead the way in innovation and excellence. Development work on the grid station was carried out round the clock in close coordination with KE, which provided technical expertise...
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