Pakistan Steel Mills’ 11 KV Electricity Wires Also Stolen, Decision to Auction Assets
Karachi: A decision has been made to sell some assets of the Steel Mills in view of increasing theft risks.According to details, officials informed the National Assembly Sub-Committee on Industry and Production meeting that even the 11 KV electricity wires of Pakistan Steel Mills have been stolen.The meeting also revealed that despite Pakistan Steel Mills…
Karachi: A decision has been made to sell some assets of the Steel Mills in view of increasing theft risks.
According to details, officials informed the National Assembly Sub-Committee on Industry and Production meeting that even the 11 KV electricity wires of Pakistan Steel Mills have been stolen.
The meeting also revealed that despite Pakistan Steel Mills being closed, an electricity bill of Rs 275 million was received and Rs 25 million was paid last month.
The meeting was further informed that some assets are being auctioned due to increasing theft threats.
