Karachi Chamber criticises increase in power tariff
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has criticised the government for giving a green signal to K-Electric to raise tariff from 19 percent to 30 percent under various slabs for residential consumers. President KCCI Iftikhar Ahmed Vohra said on Thursday that this unjust hike appeared in K-Electric
By our correspondents
August 21, 2015
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has criticised the government for giving a green signal to K-Electric to raise tariff from 19 percent to 30 percent under various slabs for residential consumers.
President KCCI Iftikhar Ahmed Vohra said on Thursday that this unjust hike appeared in K-Electric bills received during the month of August is, “a shock for everyone,” particularly the poor and middle-class segments of society.
He noted that K-electric’s tariff was raised by 26 percent (Rs10.20 per unit) for consumers of 201-300 units, 30 percent (Rs16.00 per unit) for consumers of 301-700 units and 19 percent (Rs18.00 per unit) for consumers of more than 700 units.
The chamber president said although the government notified raise in electricity tariff for residential consumers through a notification but it was neither available on K-Electric’s website nor on the websites of Ministry of Water and Power and National Electric Power Regulatory Authority (NEPRA), restricting the public from analyzing why that raise was even applied.
Vohra said it is a matter of grave concern that NEPRA, which usually holds public hearings prior to revising electricity tariff, granted the raise without staging a single hearing.
“This anti-public step would prove counterproductive as it might affect K-electric’s recoveries because the people won’t be able to pay off those exorbitant bills and the situation might leave no other option for them but to go for illegal means including electricity theft via Kunda connection,” he said.
President KCCI further mentioned that the international oil prices have declined sharply and are at all-time low, therefore K-Electric’s operating expenditures should have gone down nowadays.
“It is highly unfair on part of the government to give go ahead to K-Electric to raise tariff without considering the current scenario and without even thinking of the negative after-effects on the lives of the masses,” he added.
Vohra urged the government to immediately withdraw that unjust hike as it would terribly affect common man’s life in the ongoing era of inflation.
The upsurge in electricity tariff will also have an impact on prices of numerous household goods and exert unbearable pressure on the citizens of Karachi.
President KCCI Iftikhar Ahmed Vohra said on Thursday that this unjust hike appeared in K-Electric bills received during the month of August is, “a shock for everyone,” particularly the poor and middle-class segments of society.
He noted that K-electric’s tariff was raised by 26 percent (Rs10.20 per unit) for consumers of 201-300 units, 30 percent (Rs16.00 per unit) for consumers of 301-700 units and 19 percent (Rs18.00 per unit) for consumers of more than 700 units.
The chamber president said although the government notified raise in electricity tariff for residential consumers through a notification but it was neither available on K-Electric’s website nor on the websites of Ministry of Water and Power and National Electric Power Regulatory Authority (NEPRA), restricting the public from analyzing why that raise was even applied.
Vohra said it is a matter of grave concern that NEPRA, which usually holds public hearings prior to revising electricity tariff, granted the raise without staging a single hearing.
“This anti-public step would prove counterproductive as it might affect K-electric’s recoveries because the people won’t be able to pay off those exorbitant bills and the situation might leave no other option for them but to go for illegal means including electricity theft via Kunda connection,” he said.
President KCCI further mentioned that the international oil prices have declined sharply and are at all-time low, therefore K-Electric’s operating expenditures should have gone down nowadays.
“It is highly unfair on part of the government to give go ahead to K-Electric to raise tariff without considering the current scenario and without even thinking of the negative after-effects on the lives of the masses,” he added.
Vohra urged the government to immediately withdraw that unjust hike as it would terribly affect common man’s life in the ongoing era of inflation.
The upsurge in electricity tariff will also have an impact on prices of numerous household goods and exert unbearable pressure on the citizens of Karachi.
-
Sophie Turner Gets Candid About 'imposter Sydrome' Post 'GOT' -
When Nicola Peltz's Boyfriend Anwar Hadid Found Solace In Dua Lipa's Arms -
Claire Foy Reveals Rare Impact Of 'The Crown' Gig On Career -
Megan Thee Stallion Teases New Music On The Way -
Blonde Kate Stuns In Photos With Prince William During Rare Joint Engagement -
Kate Gosselin Reveals Horrowing Moment Thief Nearly Took Her Down -
Billy Bob Thornton Weighs In On Contrast To 'Landman' Role -
Amanda Holden May Swap Position To Different Reality Show: See Which -
The Truth Behind Victoria Beckham's 'inappropriate' Wedding Dance Video -
AI Startup Raises $480 Million At $4.5 Billion Valuation In Earlier Gains -
North Carolina Woman Accused Of Serving Victims With Poisoned Drinks -
Robert Redford’s Daughter Amy Sings Praises Of Late Father -
OpenAI And ServiceNow Team Up To Embed ChatGPT In Business Workflows -
Johnny Depp Prepares For His Massive Comeback After Years Of Struggle -
Meghan Markle Is Ready To Put A Cork In It All By Giving Prince Harry Baby No. 3: ‘She Wants A Break’ -
Billie Eilish Speaks Out Against Authority: 'It's Very Strange'