AGL 38.50 Decreased By ▼ -0.25 (-0.65%)
AIRLINK 136.85 Decreased By ▼ -0.25 (-0.18%)
BOP 5.62 Increased By ▲ 0.25 (4.66%)
CNERGY 3.86 Decreased By ▼ -0.01 (-0.26%)
DCL 7.93 Decreased By ▼ -0.16 (-1.98%)
DFML 45.40 Decreased By ▼ -0.34 (-0.74%)
DGKC 85.51 Increased By ▲ 2.21 (2.65%)
FCCL 31.60 Increased By ▲ 1.33 (4.39%)
FFBL 61.70 Increased By ▲ 4.10 (7.12%)
FFL 9.20 Increased By ▲ 0.06 (0.66%)
HUBC 108.75 Increased By ▲ 1.90 (1.78%)
HUMNL 14.38 Increased By ▲ 0.08 (0.56%)
KEL 4.84 Increased By ▲ 0.16 (3.42%)
KOSM 7.74 Decreased By ▼ -0.24 (-3.01%)
MLCF 38.11 Decreased By ▼ -0.82 (-2.11%)
NBP 67.00 Decreased By ▼ -0.60 (-0.89%)
OGDC 176.01 Increased By ▲ 7.02 (4.15%)
PAEL 25.20 Decreased By ▼ -0.18 (-0.71%)
PIBTL 5.87 Decreased By ▼ -0.07 (-1.18%)
PPL 133.49 Increased By ▲ 2.49 (1.9%)
PRL 24.02 Increased By ▲ 0.26 (1.09%)
PTC 16.82 Increased By ▲ 1.07 (6.79%)
SEARL 67.75 Increased By ▲ 3.00 (4.63%)
TELE 7.45 Increased By ▲ 0.05 (0.68%)
TOMCL 36.18 Increased By ▲ 0.09 (0.25%)
TPLP 7.78 Decreased By ▼ -0.08 (-1.02%)
TREET 14.64 Decreased By ▼ -0.29 (-1.94%)
TRG 49.61 Increased By ▲ 4.36 (9.64%)
UNITY 25.51 Decreased By ▼ -0.32 (-1.24%)
WTL 1.33 Increased By ▲ 0.04 (3.1%)
BR100 9,586 Increased By 239.1 (2.56%)
BR30 28,791 Increased By 678.6 (2.41%)
KSE100 88,946 Increased By 1751.5 (2.01%)
KSE30 28,043 Increased By 645.6 (2.36%)

Industrialists and traders have requested the Governor, and the Chief Minister of Sindh to save the industry from collapse by resolving the tussle between the Karachi Electricity Supply Company's management, which has been made ground for prolong power outages in the city.
They also urged the concerned authorities to take notice of hours-long power outages on one pretext or the other and non-repairing of faults in distribution and supply system. They said that they were unable to meet their production targets as well as export commitments on time.
The citizens and industrialists were grinding in-between the ongoing tussle between the KESC administration and the CBA Union over their interests causing crippling power outages in the city, they added. "The two parties are at an impasse and it is the consumers who are suffering in the form of prolonged and sustained power cuts. The current situation is untenable. Both sides need to get together and hash out an agreement," they added.
They said that the national economy was already in bad shape and in prevailing circumstances, the situation created by KESC would break the backbone of country's economy. Chairman, S.I.T.E Association of Industry (SAI), Abdul Wahab Lakhani has expressed grave concern over the prolonged stand-off between the KESC management and workers' Union, which is going on for more than a month and has become the most pressing problem of Karachi and unrest is simmering in the city as well as industrial areas.
"The breakdowns due to line faults or other technical faults, which remain unattended for days, have crippled the production in S.I.T.E. Area and industries are closing one by one," he added. He said that he was in constant touch with KESC management for keeping the house intact but they too seem helpless.
"Although they attend to the complaints partially on urgent call basis, they are unable to cope with all the complaints until and unless the CBA strike is over. If the matter of strike is not resolved on urgent basis, there will be complete shut down of industries causing irreparable losses to industrial production and exports," he added.
Expressing alarm over the forecast of rains in Karachi from Friday, Wahab Lakhani said that he was afraid the entire metropolis would plunge into darkness with the first drop of rain, because there would be no one to attend the complaints of power failures, and as far as the Industrial production if concerned, the same will come to a grinding halt.
He also advised the KESC Management to look into this direction too and take all necessary measures to save the installations, sub-stations and its network in SITE area otherwise it would create havoc and then it would be very difficult to control the situation. Lakhani also urged Governor and Chief Minister Sindh to urgently intervene and save the industry from collapsing.

Copyright Business Recorder, 2011

Comments

Comments are closed.