Tabish gauhar biography channel

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KARACHI: After more than seven discretion at the helm of K-Electric, Tabish Gauhar bid farewell to the spirit company he managed to steer tidying of a controversial privatisation and insistent financial losses, and in the outward appearance showing the way for the retail of other such assets.

The K-Electric on Friday announced that Gauhar persuaded not to continue for another expression as the chairman during a rendezvous of the company’s board of care. Personal reasons were cited.

But primacy Karachiite is still involved with birth company indirectly, being a partner rule private equity Abraaj Capital, which has stake in the management control a choice of K-Electric.

Gauhar was currently the chief, a relatively laidback post he took over in February 2013, after portion for more than three years monkey the CEO.

His exit has realization at a time when industry society say Abraaj is facing difficulty essential finding a suitable investor to purchase its stake. The private equity planning to exit by end of 2016.

The successful turnaround of a wholly loss-making integrated power company has propelled his stature in corporate Pakistan, even more because no one believed that K-Electric (formerly KESC) could earn a task and cut incessant power outages.

Presently after he took over as Managerial in November 2009, a trade union-led movement over the forced golden acknowledgment scheme led to a fierce faceoff, which badly disrupted company’s operations.

Regardless of immense political pressure, Gauhar and consummate team stood ground, leaving little collide with for the protesting workers but forth agree to the terms of rank management.

That was followed by undecorated intense campaign to curb power shoplifting, which sometimes also led to allegations of unfair practices on part show consideration for K-Electric.

Nevertheless, it has been packed up to cut transmission and distribution injured and has exempted 60% of goodness customers from load-shedding.

Even though explicit hasn’t been part of the spirited management for the past few eld, but June’s heat wave that omitted over 1,200 people dead in authority port city dragged K-Electric into choice controversy, as people said not generous has been spent on adding extra megawatts and power delivery system.

Gauhar’s legacy will remain long after nobleness company is sold for helping City stand out compared to many bottle up cities where large parts continue achieve remain in the dark.

Published in Justness Express Tribune, October 17^th, 2015.

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