AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 209.98 Decreased By ▼ -0.40 (-0.19%)
BOP 9.39 Decreased By ▼ -0.09 (-0.95%)
CNERGY 6.28 Decreased By ▼ -0.20 (-3.09%)
DCL 8.66 Decreased By ▼ -0.30 (-3.35%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.00 Decreased By ▼ -2.92 (-3.01%)
FCCL 34.80 Decreased By ▼ -1.60 (-4.4%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 15.98 Increased By ▲ 1.03 (6.89%)
HUBC 126.40 Decreased By ▼ -4.29 (-3.28%)
HUMNL 13.25 Decreased By ▼ -0.04 (-0.3%)
KEL 5.29 Decreased By ▼ -0.21 (-3.82%)
KOSM 6.96 Increased By ▲ 0.03 (0.43%)
MLCF 42.90 Decreased By ▼ -1.88 (-4.2%)
NBP 58.70 Decreased By ▼ -0.37 (-0.63%)
OGDC 218.99 Decreased By ▼ -11.14 (-4.84%)
PAEL 38.52 Decreased By ▼ -0.77 (-1.96%)
PIBTL 8.15 Decreased By ▼ -0.16 (-1.93%)
PPL 189.90 Decreased By ▼ -10.45 (-5.22%)
PRL 37.75 Decreased By ▼ -1.13 (-2.91%)
PTC 26.15 Decreased By ▼ -0.73 (-2.72%)
SEARL 101.50 Decreased By ▼ -2.13 (-2.06%)
TELE 8.33 Decreased By ▼ -0.12 (-1.42%)
TOMCL 34.46 Decreased By ▼ -0.79 (-2.24%)
TPLP 12.75 Decreased By ▼ -0.77 (-5.7%)
TREET 25.15 Increased By ▲ 0.14 (0.56%)
TRG 69.20 Increased By ▲ 5.08 (7.92%)
UNITY 33.21 Decreased By ▼ -1.31 (-3.79%)
WTL 1.70 Decreased By ▼ -0.08 (-4.49%)
BR100 11,851 Decreased By -245 (-2.03%)
BR30 36,710 Decreased By -1005.2 (-2.67%)
KSE100 109,992 Decreased By -2422.9 (-2.16%)
KSE30 34,636 Decreased By -871.9 (-2.46%)

LAHORE: The Progressive Group has called for the immediate introduction of reforms in the energy sector to make it available for domestic, commercial and industrial usage at affordable rates and its production in the required amount.

It said that expensive energy and POL prices were not only making life miserable for domestic consumers but it was also rendering our manufacturing sector incompatible with the international market by increasing its input cost.

Progressive Group’s central leader and LCCI Executive Committee member Muhammad Ejaz Tanveer in a statement issued here Friday said that all the political parties should make the introduction of reforms in the energy sector as part of their election manifesto and a top agenda of their list of preferences. Similarly, he said that the present interim government should also pay attention towards it.

Ejaz Tanveer suggested that the government should work on the promotion of renewable energy on a war footing to produce electricity according to domestic and commercial requirements. He advocated for extending incentives to the private sector and making it easier for it to set up solar or wind power electricity production plants.

Ejaz also voiced for review of the IPP policy and also revision of the old contracts to bring down the energy prices thus making life easier for the domestic, commercial and industrial sectors. He said cheaper electricity was also of utmost essential for the agricultural tube wells.

He asked for encouraging domestic consumers to get solar installed on their houses. For this purpose, he suggested legislation and facilitating the citizen to get green meters and solar panels etc. He also suggested promoting pre-paid meters and giving the electricity distribution system in private-public partnerships to control the pilferage as well as recovery of the dues from all the consumers.

Copyright Business Recorder, 2023

Comments

Comments are closed.