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Home Chambers & Associations

LCCI urges govt to exempts industries form load-shedding

byCT Report
10/06/2016
in Chambers & Associations, Latest News, Pakistan Chambers
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LAHORE: Continuous process industry should be exempted from load-shedding as about eleven hours power suspension would spoil the whole process and would lead to a complete closure of this industry.

This was assured by the Lahore Chamber of Commerce and Industry (LCCI) President Sheikh Muhammad Arshad. The delegation of the industrialists was led by Sajid Murad and Adeel Ashfaq.

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The LCCI would take up the matter of electricity suspension to the industry with high authorities of Lahore Electric Supply Company (LESCO).

The LCCI president said that the decision was taken without taking the industrialists of the area on board which would yield devastating results.

He said that according to the industrialists of Muridke, industries are also facing load shedding at day time while electricity suspension from 6:30 pm to 5:00 would add fuel to the fire and industrialists would left with no other option but to close down their industrial units.

Sheikh Muhammad Arshad said that the decision would also raise the graph of unemployment and thousands industrial workers would be compelled for starvation. He said that not only the industrialists and industrial workers would be the loser but the government as well as it would lose a huge amount of revenues.

He said that instead of making decision with a one stroke of pen, LESCO should do load management. He said that load management plan for Sehar and Iftar should be evolved after due consultation with the stakeholders.

Earlier, Sajid Murad and Adeel Ashfaq said that the decision would destroy the industries of Muridke therefore LESCO should reconsider its decision in the larger interest of the economy.

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