Multan Electric Power Company (Mepco) and other Discos have issued electricity bill with new tariff which caused unrest among the industrial as well domestic consumers. The industrialists have strongly opposed the hike in power tariff by National Electric Power Regulatory Authority (Nepra), saying this development would not let the industry progress.
President of Multan Chamber of Commerce and Industry (MCCI) Muhammad Khan Saddozai has rejected the increase of 1.55/unit in electricity tariff from January 1st. 2013 as announced by Nepra on the grounds that it is detrimental for the industries whose survival is already at stake due to continuous increase in power tariff by the government on one pretext or the other. He said that the government has increased power tariff by 150 percent in the last five years and some 26 percent during the last one-year.
Taking a strong exception of the new tariff of Nepra applicable from January 1, 2013, he said that industries are already suffering and now with this increase in tariff industries are about to shutdown. He said that the business was declining due to inflationary pressure but the government was following the International Monetary Fund (IMF) and World Bank's dictations blindly.
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