Pakistan News Service

Friday Nov 28, 2014, Safar 5, 1436 Hijri
Logo Logo
LATEST :
Pakistan News Home -> Top -> News Details

Traders call for uniform power tariff in country

20 January, 2014

RAWALPINDI: The business community has demanded uniform power tariff across the country to provide a level-playing field to all the industrial sectors.

In a statement issued on Sunday, the presidents of the Rawalpindi, Islamabad and Faisalabad Chambers of Commerce and Industry have unanimously called for a uniform rate of electricity, particularly for commercial and industrial consumers, in all areas of the country to ensure that no undue advantage was provided to any specific area or industry.

They further said that the consumers of the entire country had been paying their share of fuel price adjustment (FPA) for the past five years. However, some industrialists from KP got stay orders from the court against power tariff increase as well as the levy of FPA in KP, they said.

"This situation has put the industrial sectors in the rest of the country at a serious disadvantage." Giving example, they said that on average, the difference of the electricity cost on a steel industry could be up to Rs 140 million a year.

"Such a huge difference cannot be accounted for nor justified under any circumstances." They said that due to such discriminatory rates, many industrial units, especially in higher power tariff regions, had already been forced to shut down, and that if this trend continued, the affects would be devastating. They said that thousands of people in the region had already lost their jobs due to closure of several industrial units.

"A large number of industrial workers are also facing a threat of losing their jobs and becoming unemployed, which may result in another serious economic challenge for the country," they added.

End.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
 
 
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Imran - Qadri long march
Artilce 6 and Musharraf Trail
  Quick Vote Show Results
Question: "In view of the current situation do you think Talks with Taliban should take place only within the ambit of Article 4 of Objectives Resolution that defines our Common Purpose i.e. PM/ President down to all Pakistanis to work till we achieve the rights of Democracy, Freedom, Tolerance and Social Justice for all Pakistanis:"
Yes
No
 
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
LHC tells Sharif family to pay Rs 3.5bn mark-up on loan
Osama's killer comes forward to reveal his name
Suggested Sites