ISLAMABAD (APP) - Minister for Water and Power, Raja Pervez Ashraf on Wednesday directed the Karachi Electric Supply Company (KESC) to provide uninterrupted power supply to the people and there should be complete rehabilitation of their transmission system. Addressing a high level meeting here to review and discuss the performance and other related issues of KESC, the minister directed KESC that power supply arrangements should be made on the basis of future demand and supply projection. The meeting observed that KESC has a public service role to perform in the larger national interest and it should fulfil its commitments. The meeting was informed that Abraaj has already injected $138m into KESC ahead of schedule. This is part of the approximately $500m of new equity over three years being facilitated by Abraaj that will go into enhancing and rehabilitating the long-neglected generation, transmission and distribution network of the company. CEO of Abraaj Capital Arif Naqvi reaffirmed Abraajs commitment to KESC and agreed in principle to place its remaining equity in Pakistan shortly. He further committed to go beyond the initial $ 361m equity commitment if and when required by the business, along with the other shareholders. To reduce the demand and supply gap, KESCs generation roadmap of adding 1000 MW of new capacity is well under execution with various projects either already commissioned or under construction. The meeting was informed that a total of 450 MW will be commissioned before this year end. To reduce the number of localized outages, trips etc. all 18 towns will have their own distribution network and hardware revamped by June 2010 as per the schedule agreed with the Cabinet Committee. It was informed that other than the two major blackouts this summer (June and July) the load shedding record is much better than last years. The meeting was briefed on KESCs outstanding receivables, tariff, recovery campaign, T&D loss reduction campaign, involving the local government CDGK in a meaningful manner, introducing certain amendments to the electricity act, power theft, allocating the requisite quantity of natural gas to KESCs existing and upcoming power plants, and signing of a gas supply agreement with SSGC including 90 day credit term, etc. Besides Minister for Water and Power, Raja Pervez Ashraf, the meeting was attended by Minister for Finance, Shaukat Tarin, CEO of Abraaj Capital Arif Naqvi and other senior officials of Finance, Ministry of Water and Power and KESC.