AIRLINK 178.86 Increased By ▲ 4.58 (2.63%)
BOP 12.50 Decreased By ▼ -0.01 (-0.08%)
CNERGY 7.46 Increased By ▲ 0.11 (1.5%)
FCCL 39.99 Increased By ▲ 0.22 (0.55%)
FFL 14.67 Increased By ▲ 0.06 (0.41%)
FLYNG 28.20 Increased By ▲ 0.80 (2.92%)
HUBC 133.90 Increased By ▲ 2.11 (1.6%)
HUMNL 13.08 Increased By ▲ 0.11 (0.85%)
KEL 4.42 No Change ▼ 0.00 (0%)
KOSM 6.02 No Change ▼ 0.00 (0%)
MLCF 52.86 No Change ▼ 0.00 (0%)
OGDC 213.32 Increased By ▲ 1.56 (0.74%)
PACE 6.00 Increased By ▲ 0.01 (0.17%)
PAEL 41.86 Increased By ▲ 0.10 (0.24%)
PIAHCLA 15.52 Decreased By ▼ -0.01 (-0.06%)
PIBTL 9.12 Decreased By ▼ -0.29 (-3.08%)
POWER 11.19 Increased By ▲ 0.18 (1.63%)
PPL 172.75 Increased By ▲ 1.88 (1.1%)
PRL 34.19 Increased By ▲ 1.03 (3.11%)
PTC 23.74 Increased By ▲ 0.51 (2.2%)
SEARL 93.25 Increased By ▲ 8.48 (10%)
SILK 1.12 Increased By ▲ 0.02 (1.82%)
SSGC 32.65 Increased By ▲ 0.70 (2.19%)
SYM 16.03 Decreased By ▼ -0.08 (-0.5%)
TELE 7.98 No Change ▼ 0.00 (0%)
TPLP 11.03 Increased By ▲ 0.25 (2.32%)
TRG 58.78 Decreased By ▼ -0.08 (-0.14%)
WAVESAPP 11.16 Increased By ▲ 0.06 (0.54%)
WTL 1.40 Decreased By ▼ -0.01 (-0.71%)
YOUW 3.82 No Change ▼ 0.00 (0%)
AIRLINK 178.86 Increased By ▲ 4.58 (2.63%)
BOP 12.50 Decreased By ▼ -0.01 (-0.08%)
CNERGY 7.46 Increased By ▲ 0.11 (1.5%)
FCCL 39.99 Increased By ▲ 0.22 (0.55%)
FFL 14.67 Increased By ▲ 0.06 (0.41%)
FLYNG 28.20 Increased By ▲ 0.80 (2.92%)
HUBC 133.90 Increased By ▲ 2.11 (1.6%)
HUMNL 13.08 Increased By ▲ 0.11 (0.85%)
KEL 4.42 No Change ▼ 0.00 (0%)
KOSM 6.02 No Change ▼ 0.00 (0%)
MLCF 52.86 No Change ▼ 0.00 (0%)
OGDC 213.32 Increased By ▲ 1.56 (0.74%)
PACE 6.00 Increased By ▲ 0.01 (0.17%)
PAEL 41.86 Increased By ▲ 0.10 (0.24%)
PIAHCLA 15.52 Decreased By ▼ -0.01 (-0.06%)
PIBTL 9.12 Decreased By ▼ -0.29 (-3.08%)
POWER 11.19 Increased By ▲ 0.18 (1.63%)
PPL 172.75 Increased By ▲ 1.88 (1.1%)
PRL 34.19 Increased By ▲ 1.03 (3.11%)
PTC 23.74 Increased By ▲ 0.51 (2.2%)
SEARL 93.25 Increased By ▲ 8.48 (10%)
SILK 1.12 Increased By ▲ 0.02 (1.82%)
SSGC 32.65 Increased By ▲ 0.70 (2.19%)
SYM 16.03 Decreased By ▼ -0.08 (-0.5%)
TELE 7.98 No Change ▼ 0.00 (0%)
TPLP 11.03 Increased By ▲ 0.25 (2.32%)
TRG 58.78 Decreased By ▼ -0.08 (-0.14%)
WAVESAPP 11.16 Increased By ▲ 0.06 (0.54%)
WTL 1.40 Decreased By ▼ -0.01 (-0.71%)
YOUW 3.82 No Change ▼ 0.00 (0%)
BR100 11,889 Increased By 125 (1.06%)
BR30 35,686 Increased By 441.6 (1.25%)
KSE100 112,744 Increased By 756.9 (0.68%)
KSE30 34,968 Increased By 291.6 (0.84%)

KARACHI: Jamaat-e-Islami - Karachi staged sit-in protests at 14 major locations across the city on Friday, demanding an end to load shedding and calling on the government to pass on the financial benefits of revised agreements with IPPs directly to consumers.

Carrying placards and banners, the protesters chanted slogans against the government, the NEPRA and K-Electric. These demonstrations were part of a nationwide protest movement initiated by JI Central Chief, Hafiz Naeemur Rehman, as the party resumed its agitation against the government’s inaction to cut power tariff and unfulfilled promises about IPPs.

Addressing a sit-in at Shaheen Complex, JI Karachi Chief Monem Zafar demanded of the government end load shedding in the city, asserting that the country has sufficient electricity production capacity. He highlighted that the government had announced savings of Rs1,100 billion through revised policies on IPPs, emphasizing that this financial relief should be directly passed on to the public.

JI Karachi Chief further stated that the nation has already paid Rs2,000 billion in capacity charges, pointing out that Rs10 billion of taxpayers’ money was paid to an IPP that did not generate even a single unit of electricity. Monem accused the government of collusion with the IPPs, revealing that 52 percent of these companies are owned by the government, 28 percent by influential Pakistani nationals and only 20 percent by foreign entities. Due to mounting pressure from JI, he noted, the government was forced to take some action against this corrupt system.

Copyright Business Recorder, 2025

Comments

200 characters