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Federation of Pakistan Chambers of Commerce and Industry rejects increase in power tariff by National Electric Power Authority

Karachi, May 18, 2013 (PPI-OT): Pakistan Federation of Chambers and Commerce and Industry (FPCCI) has strongly opposed the massive raise in electricity tariff by Rs5.82 per unit and termed it an unjustified act by the caretaker government. In a statement issued on Saturday, the President FPCCI, Zubair Ahmed Malik said that caretaker government is not empowered to make such decisions and it should leave all major issues to the incoming elected government to resolve. “At this particular moment when elections have already held and newly elected house is almost going to meet in a few days and the formation of new government is on the corner, NEPRA has announced Rs5.82 per unit increase in electricity tariff which is unjustified and uncalled for”, Malik said adding that trade and industry is already suffering badly due to frequent increases in utility prices particularly electricity by the outgoing regime while power outages have made lives of the people miserable.

He said that during last five years no single effort had been made at any level whether it was federal or provincial governments except lip service. Malik while rejecting any type of raise in tariffs of utilities by the caretakers said that even the elected government should refrain from raising gas and power tariffs and instead pay its full attention to the woes of trade and industry suffering due to massive load-shedding of electricity and gas.

He said that PML-N government should seriously pay attention to find out resources of cheap electricity generation and announce execution of shelved projects of hydel power projects in order to overcome severe energy crisis.

For more information, contact:
Syed Masood Alam Rizvi
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Shahra-e-Firdousi,
Karachi-75600, Pakistan
Tel: 0092-21-35873691, 93-94
Fax: +9221 3587 4332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk

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