KESC to provide plots for schools constructionMay 9, 2013
KARACHI: Karachi Electric Supply Company, as part of its Social Investment Program SIP, has entered into a strategic alliance with The Citizens Foundation TCF under which the utility will make available pieces of land for construction of non profit primary and secondary schools in the neglected areas of the City.
Under this alliance, in order to provide affordable educational facilities to the children of KESC employees and surrounding communities, KESC would be providing any available empty spaces adjacent to its facilities to the TCF for construction of primary and secondary schools.
KESC has already lent the first piece of land in Gulshan-e-Hadeed where TCF would construct a school within a year and it would be ready for admission of students in 2014. It would cater to around 1,200 children on no-profit basis. In the near future, more schools are likely to come up as a result of this arrangement.
Nayyer Hussain said on this occasion: “We feel greatly blessed to support our colleagues in KESC towards building the future of their coming generations. Besides, we aspire to benefit as many students of surrounding communities as possible, with an aim to improve the lives of our customers, especially those living in remote and neglected areas. This would be our
humble contribution towards qualitative development of the society in the centenary year of KESC which turns 100 this year.”
Mushtaq Chhapra, CEO of TCF, in his message said: “We appreciate the openheartedness and generosity demonstrated by KESC towards the cause of spreading quality education. We are confident that these schools would contribute substantially towards the social upliftment of families. KESC has indeed established itself as one of the best corporate citizens of the
country, and other companies in public and private sectors are encouraged to follow their example.”
The agreement for the strategic alliance was signed at KESC head office by Nayyer Hussain, CEO of KESC and Mushtaq Chapra, Chairman, TCF, this week. Last year, KESC signed an MOU with TCF for provision of free electricity to its 320 schools in a bid to help assist TCF in providing quality education to the neglected communities of Karachi. Early this year, KESC distributed study lamps with dual charging by solar power and electricity among 700 top students of TCF schools.
KESC has developed a 360 value creation model that places greater focus on building strong ties with all its key stakeholder groups. This program, KESC Stakeholder Engagement & Enrichment Drives for Sustainability SEEDS ensures that community goals set by KESC work in harmony with the financial objectives of the organization. SEEDS essentially drive four distinct programs: ESG Initiatives, Social Investments, Stakeholder Engagement and Thought Leadership.