Pakistan, June 11 -- The National Assembly was informed on Wednesday that all major obligations under the privatization agreement of K-Electric had been fulfilled, while the company was committed to investing $2 billion by 2030 to further strengthen the power infrastructure.

Responding to a question during the Question Hour, Parliamentary Secretary for Power Amir Talal Gopang said that under the privatization agreement, K-Electric was currently receiving 2,000 megawatts of electricity from the national grid.

He said the provision of electricity from the national grid was aimed at ensuring the supply of comparatively cheaper electricity to consumers in Karachi and other areas served by K-Electric.

The parliamentary secretary further inf...