Standing committee stresses compliance on PSM revival directives
KARACHI: Chairman National Assembly Standing Committee on Industries and Production Syed Hafeezuddin directed the management of Pakistan Steel Mills (PSM) to speed up its recovery efforts and resolve outstanding issues to minimize further losses. is
During his visit to PSM on Wednesday, Hafeezuddin highlighted major concerns, including non-payment of dues of retirees and retired employees, disconnection of gas supply, high electricity rates, disruption of water supply and Pakistan Steel Hospital. including the deterioration of
According to the press release, Hafeezuddin issued strict instructions to SSGC, Water Board and K Electric management to resolve these issues immediately. He also directed the CEO of PSM to prioritize these issues and submit a compliance report.
Mohammad Asad Islam Mehni, Additional Secretary, Ministry of Industries and Production and Caretaker CEO of PSM updated the committee on the progress of rehabilitation of the mill. A Russian company has expressed interest in the restoration project, he said, and a team of technical experts will visit the plant soon.
