Industrialists oppose further rise in energy tariff
Official says it will turn Pakistani products uncompetitive in global market
PHOTO: REUTERS
KARACHI:
Industrialists have strongly opposed the anticipated increase of Rs5.36 per unit in base electricity tariff citing that it would strike a blow to the industry.
Resenting frequent hikes in the power tariff, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former president Mian Anjum Nisar said it would turn Pakistani products uncompetitive in the international market. According to a statement issued on Saturday, he termed it unfortunate that the average electricity uniform rate would gradually rise to Rs21.04 per unit and that too after excluding taxes, duties and surcharges.