KARACHI - Federal government has assured that it would own outstanding dues of the KESC worth Rs 63 billion and the new management would get the company with zero liabilities, The Nation learnt on Friday.   The new KESC management had been given this assurance by the federal government's committee on electricity, led by federal secretary Ismail Qureshi, that visited Karachi last week to discuss KESC affairs with the new management and to tackle the power crisis in the city. The recent meeting held here last week between the government and the new KESC management reached an agreement to provide all possible relief to the citizens. At present, the amount that has to be paid by the KESC is Rs 63 billion. The companies that have their outstanding receivable amounts towards KESC include WAPDA, SSGC and PSO. The break-up of the amount is Rs 56 billion of WAPDA, Rs.750 million PSO and 9,000 million of Sui Southern Gas Company. The new KESC management was reluctant to take charge of such a company teetering on the verge of bankruptcy. Now, the new buyers have taken over the company that shows it has reached some agreement over the pending issue of the outstanding dues. Due to such deteriorated condition of the company, the metropolis is badly suffering from massive power crisis, which has paralysed life in the city. On the other hand, the deep-rooted corruption has also marred the functioning of the company. This is the leading challenge for the new management to overcome this malpractice. Several reports had been filed against this menace in the past but no measures could be taken set the house in order. It is pertinent to mention that billing and transmission departments of the company have been largely blamed for their corrupt attitude. The KESC has increased its generation capacity with both furnace oil and gas after large-scale agitation of the citizens. The committee under the supervision of the Federal Secretary for water and power and Governor Sindh met senior officials of the company's new management last week with a view to resolve the issue of power crisis in the city. Meanwhile, WAPDA has also increased its supply to the city by 700 MW per day.