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FPCCI hails decision of NEPRA for K-electric tariff cut

Karachi, March 24, 2017 (PPI-OT): President FPCCI, Zubair Tufail Welcomed Decision of Nepra For K-Electric Tariff Cut by Rs:3.50 Per Unit. This decision was long awaited in view of falling Crude Oil/Gas Prices in the World.

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. Decision of NEPRA in light of efficiency gains and lower oil prices which are to be transferred to the consumers.

Prime Minister of Pakistan, Muhammad Nawaz Sharif always desired lower tariff of electricity for all consumers in Pakistan. WAPDA is supplying electricity to the consumers even at lower tariff than K-Electric. FPCCI fully support the Prime Minister’s vision for supply of electricity at affordable price through out 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.

For more information, contact:
Secretary General
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road,
Karachi-75600, Pakistan
Tel: +92-21-35873691, 93-94
Fax: +92-21-35874332
Email: info@fpcci.com.pk
URL: www.fpcci.com.pk

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