BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has announced to boycott the public hearings being organized by National Electric Power Regulatory Authority (NEPRA) on September 29th and 30th, 2021 as it has been observed that the regulator has not been providing the adequate opportunity to share opinion and give suggestions neither to KCCI nor to majority of interveners.

President KCCI Muhammad Idrees, while recalling the proceedings of the last Public Hearing held on September 2, 2021, stated that during the said hearing, Chairman NEPRA acted very arrogantly, indecently and carried out the proceedings with an un-businesslike attitude which was widely protested by the participants who boycotted the hearing. "There was no patience on part of Chairman NEPRA to listen to the very valid points put forward by the interveners. When an intervener who is considered as an expert on energy matters in Karachi, was presenting some very important technical points, he was interrupted to such an extent that the Zoom connection was shut off on the orders of Chairman NEPRA", he added.

He said, "To resolve this issue, KCCI demanded to reconduct the hearing but the Registrar NEPRA categorically refused by giving lame excuses hence, we felt it necessary to bring this issue to the notice of Federal Minister for Energy Hammad Azhar through a letter but unfortunately no response was received from his office", he added.

"When the last Public Hearing stood unconcluded, how could NEPRA set stage for holding the next public hearings on other subjects", he asked, adding that the purpose for holding these cosmetic hearings was to only appease K-Electric as no attention was being paid to the concerns, opinions and suggestions being given by all other stakeholders and it seems that the decisions are already taken before the hearing.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.