AGL 37.89 Decreased By ▼ -0.05 (-0.13%)
AIRLINK 160.78 Increased By ▲ 5.56 (3.58%)
BOP 9.03 Decreased By ▼ -0.04 (-0.44%)
CNERGY 6.93 Increased By ▲ 0.21 (3.13%)
DCL 10.15 Increased By ▲ 0.62 (6.51%)
DFML 40.29 Decreased By ▼ -0.02 (-0.05%)
DGKC 92.75 Decreased By ▼ -0.20 (-0.22%)
FCCL 38.15 Decreased By ▼ -0.23 (-0.6%)
FFBL 78.69 Increased By ▲ 0.11 (0.14%)
FFL 13.50 Decreased By ▼ -0.10 (-0.74%)
HUBC 114.00 Increased By ▲ 3.81 (3.46%)
HUMNL 14.61 Decreased By ▼ -0.28 (-1.88%)
KEL 5.66 Decreased By ▼ -0.07 (-1.22%)
KOSM 8.25 Decreased By ▼ -0.22 (-2.6%)
MLCF 45.20 Decreased By ▼ -0.46 (-1.01%)
NBP 76.00 Decreased By ▼ -0.17 (-0.22%)
OGDC 192.00 Increased By ▲ 0.13 (0.07%)
PAEL 31.69 Increased By ▲ 1.21 (3.97%)
PIBTL 8.66 Increased By ▲ 0.50 (6.13%)
PPL 166.50 Decreased By ▼ -0.06 (-0.04%)
PRL 30.70 Increased By ▲ 1.26 (4.28%)
PTC 22.08 Increased By ▲ 2.01 (10.01%)
SEARL 98.30 Increased By ▲ 1.68 (1.74%)
TELE 8.50 Increased By ▲ 0.23 (2.78%)
TOMCL 34.88 Increased By ▲ 0.62 (1.81%)
TPLP 11.16 Increased By ▲ 0.94 (9.2%)
TREET 18.55 Increased By ▲ 0.89 (5.04%)
TRG 60.95 Decreased By ▼ -0.30 (-0.49%)
UNITY 32.00 Increased By ▲ 0.03 (0.09%)
WTL 1.53 Increased By ▲ 0.06 (4.08%)
BR100 11,255 Increased By 39.2 (0.35%)
BR30 33,997 Increased By 346.8 (1.03%)
KSE100 104,923 Increased By 364.4 (0.35%)
KSE30 32,453 Increased By 87.2 (0.27%)

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has announced to boycott the public hearings being organized by National Electric Power Regulatory Authority (NEPRA) on September 29th and 30th, 2021 as it has been observed that the regulator has not been providing the adequate opportunity to share opinion and give suggestions neither to KCCI nor to majority of interveners.

President KCCI Muhammad Idrees, while recalling the proceedings of the last Public Hearing held on September 2, 2021, stated that during the said hearing, Chairman NEPRA acted very arrogantly, indecently and carried out the proceedings with an un-businesslike attitude which was widely protested by the participants who boycotted the hearing. "There was no patience on part of Chairman NEPRA to listen to the very valid points put forward by the interveners. When an intervener who is considered as an expert on energy matters in Karachi, was presenting some very important technical points, he was interrupted to such an extent that the Zoom connection was shut off on the orders of Chairman NEPRA", he added.

He said, "To resolve this issue, KCCI demanded to reconduct the hearing but the Registrar NEPRA categorically refused by giving lame excuses hence, we felt it necessary to bring this issue to the notice of Federal Minister for Energy Hammad Azhar through a letter but unfortunately no response was received from his office", he added.

"When the last Public Hearing stood unconcluded, how could NEPRA set stage for holding the next public hearings on other subjects", he asked, adding that the purpose for holding these cosmetic hearings was to only appease K-Electric as no attention was being paid to the concerns, opinions and suggestions being given by all other stakeholders and it seems that the decisions are already taken before the hearing.

Copyright Business Recorder, 2021

Comments

Comments are closed.