BR100 Decreased By (-0.71%)
BR30 Decreased By (-1.22%)
KSE100 Decreased By (-0.63%)
KSE30 Decreased By (-0.57%)
AGHA 6.66 Decreased By ▼ -0.02 (-0.3%)
BECO 4.36 Decreased By ▼ -0.01 (-0.23%)
BML 56.10 Decreased By ▼ -1.22 (-2.13%)
BOP 30.14 Decreased By ▼ -0.21 (-0.69%)
CNERGY 13.02 Decreased By ▼ -0.10 (-0.76%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 52.15 Decreased By ▼ -0.64 (-1.21%)
FFL 14.50 Decreased By ▼ -0.22 (-1.49%)
FNEL 1.22 Increased By ▲ 0.10 (8.93%)
KEL 6.08 Decreased By ▼ -0.01 (-0.16%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
LOTCHEM 26.30 Decreased By ▼ -0.16 (-0.6%)
MLCF 91.50 Decreased By ▼ -1.66 (-1.78%)
NBP 164.00 Decreased By ▼ -0.66 (-0.4%)
NCPL 53.12 Decreased By ▼ -2.54 (-4.56%)
NPL 59.00 Decreased By ▼ -2.16 (-3.53%)
OGDC 313.93 Decreased By ▼ -2.80 (-0.88%)
PACE 9.80 Decreased By ▼ -0.07 (-0.71%)
PAEL 35.20 Decreased By ▼ -0.43 (-1.21%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 222.24 Decreased By ▼ -4.67 (-2.06%)
PRL 91.70 Decreased By ▼ -1.32 (-1.42%)
PTC 59.36 Decreased By ▼ -0.90 (-1.49%)
SSGC 23.32 Decreased By ▼ -0.49 (-2.06%)
TBL 8.72 Decreased By ▼ -0.03 (-0.34%)
TELE 7.64 Decreased By ▼ -0.16 (-2.05%)
TPL 22.08 Decreased By ▼ -0.27 (-1.21%)
TPLP 12.75 Decreased By ▼ -0.22 (-1.7%)
TREET 21.75 Decreased By ▼ -0.41 (-1.85%)
TRG 56.00 Decreased By ▼ -0.56 (-0.99%)

KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has expressed concern over the exclusion of Karachi from Prime Minister Shehbaz Sharif’s decision to extend the payment deadline for July and August electricity bills by 10 days. While the extension applies to consumers across the country, the K-Electric was notably absent from the notification.

Qandhari emphasized that this oversight leaves Karachi without the intended relief.

“It is disturbing that Karachi has been deprived of this much-needed extension,” he stated.

The President of KATI highlighted that NEPRA had confirmed over-billing by all electricity distribution companies nationwide, including K-Electric. In response to this, the prime minister had announced the extension to ease the burden on consumers. However, the exclusion of K-Electric means that Karachi's consumers, who were also affected by the over-billing, will not benefit from the relief measures.

Qandhari demanded that the government immediately amend the notification to include K-Electric, ensuring that the people and industrial consumers of Karachi receive the same relief as the rest of the country.

He pointed out that consumers are already struggling with high electricity tariffs and capacity charges from Independent Power Producers (IPPs).

The KATI president also remarked on the broader economic impact, noting that exorbitant electricity bills are not only straining individuals but also affecting the economy and exports due to increased production costs. He called for urgent reforms to the electricity system, advocating for the provision of electricity at fair and lower prices. He urged that DISCOs and IPPs be mandated to ensure uninterrupted power supply and to eliminate over-billing practices.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.