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K Electric should implement Nepra’s decision to cut tariff

byCT Report
28/03/2017
in Business
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KARACHI: The trade industry has called upon the K Electric’s management to implement the National Electric Power Regulatory Authority’s (Nepra) decision to cut down its tariff by Rs3.50 per unit and notify it to the consumers without further delay.

Lasbela Chamber of Commerce and Industry President Ismail Suttar while welcoming the decision of Nepra said that this decision was long awaited in view of falling crude oil/gas prices in the international market. He said that citizens and industries of Karachi were paying exorbitant electric bills to K-Electric for the last few years and due to high tariff, exporters were unable to compete in the international market. He said that all the trade and industrial bodies including FPCCI and chambers fully support the prime minister’s vision for supply of electricity at affordable price throughout Pakistan. Lower prices of electricity will enable the exporters to meet the competition in the world market and increase their exports. It will also help other consumers in the country.

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