AIRLINK 155.38 Increased By ▲ 3.26 (2.14%)
BOP 9.69 Increased By ▲ 0.57 (6.25%)
CNERGY 7.11 Increased By ▲ 0.02 (0.28%)
CPHL 84.07 Increased By ▲ 1.78 (2.16%)
FCCL 43.44 Increased By ▲ 0.63 (1.47%)
FFL 14.79 Increased By ▲ 0.58 (4.08%)
FLYNG 30.31 Increased By ▲ 1.72 (6.02%)
HUBC 136.24 Increased By ▲ 4.30 (3.26%)
HUMNL 12.51 Increased By ▲ 0.28 (2.29%)
KEL 4.02 Increased By ▲ 0.02 (0.5%)
KOSM 5.02 Increased By ▲ 0.11 (2.24%)
MLCF 69.44 Increased By ▲ 2.39 (3.56%)
OGDC 203.25 Increased By ▲ 2.87 (1.43%)
PACE 5.06 Increased By ▲ 0.07 (1.4%)
PAEL 42.50 Increased By ▲ 1.00 (2.41%)
PIAHCLA 16.57 Increased By ▲ 0.35 (2.16%)
PIBTL 8.79 Increased By ▲ 0.37 (4.39%)
POWER 13.93 Increased By ▲ 0.88 (6.74%)
PPL 150.83 Increased By ▲ 2.23 (1.5%)
PRL 28.91 Increased By ▲ 1.20 (4.33%)
PTC 20.73 Increased By ▲ 1.27 (6.53%)
SEARL 84.04 Increased By ▲ 2.07 (2.53%)
SSGC 40.25 Increased By ▲ 2.98 (8%)
SYM 14.83 Increased By ▲ 0.45 (3.13%)
TELE 6.98 Increased By ▲ 0.16 (2.35%)
TPLP 8.27 Increased By ▲ 0.13 (1.6%)
TRG 64.05 Increased By ▲ 0.92 (1.46%)
WAVESAPP 8.57 Increased By ▲ 0.53 (6.59%)
WTL 1.27 Increased By ▲ 0.02 (1.6%)
YOUW 3.42 Increased By ▲ 0.07 (2.09%)
AIRLINK 155.38 Increased By ▲ 3.26 (2.14%)
BOP 9.69 Increased By ▲ 0.57 (6.25%)
CNERGY 7.11 Increased By ▲ 0.02 (0.28%)
CPHL 84.07 Increased By ▲ 1.78 (2.16%)
FCCL 43.44 Increased By ▲ 0.63 (1.47%)
FFL 14.79 Increased By ▲ 0.58 (4.08%)
FLYNG 30.31 Increased By ▲ 1.72 (6.02%)
HUBC 136.24 Increased By ▲ 4.30 (3.26%)
HUMNL 12.51 Increased By ▲ 0.28 (2.29%)
KEL 4.02 Increased By ▲ 0.02 (0.5%)
KOSM 5.02 Increased By ▲ 0.11 (2.24%)
MLCF 69.44 Increased By ▲ 2.39 (3.56%)
OGDC 203.25 Increased By ▲ 2.87 (1.43%)
PACE 5.06 Increased By ▲ 0.07 (1.4%)
PAEL 42.50 Increased By ▲ 1.00 (2.41%)
PIAHCLA 16.57 Increased By ▲ 0.35 (2.16%)
PIBTL 8.79 Increased By ▲ 0.37 (4.39%)
POWER 13.93 Increased By ▲ 0.88 (6.74%)
PPL 150.83 Increased By ▲ 2.23 (1.5%)
PRL 28.91 Increased By ▲ 1.20 (4.33%)
PTC 20.73 Increased By ▲ 1.27 (6.53%)
SEARL 84.04 Increased By ▲ 2.07 (2.53%)
SSGC 40.25 Increased By ▲ 2.98 (8%)
SYM 14.83 Increased By ▲ 0.45 (3.13%)
TELE 6.98 Increased By ▲ 0.16 (2.35%)
TPLP 8.27 Increased By ▲ 0.13 (1.6%)
TRG 64.05 Increased By ▲ 0.92 (1.46%)
WAVESAPP 8.57 Increased By ▲ 0.53 (6.59%)
WTL 1.27 Increased By ▲ 0.02 (1.6%)
YOUW 3.42 Increased By ▲ 0.07 (2.09%)
BR100 12,160 Increased By 383.7 (3.26%)
BR30 35,356 Increased By 946.7 (2.75%)
KSE100 114,114 Increased By 2787.4 (2.5%)
KSE30 34,917 Increased By 924.3 (2.72%)

Pakistan Industrial and Traders Associations Front (PIAF) has sought the help of Prime Minister Nawaz Sharif against repeated increases in the electricity tariff. PIAF Chairman Malik Tahir Javed in a statement on Wednesday feared that any further hike in electricity prices was bound to push the crisis-hit industrial sector to the wall.
How the Pakistani merchandise would be able win buyers in the international market when their prices would be higher than the same quality goods of other countries, he questioned. He said instead controlling line losses and making arrangements to stop electricity thefts, the authorities were busy in making proposals for further increase in electricity prices.
He suggested to the government to minimise the administrative cost of the power generation agency that is an undue burden on the consumers therefore this should be controlled on emergent basis. PIAF Chairman said they had already conveyed to the government that the country would become a trading hub if appropriate measures to ensure low-cost electricity to the industry are not taken. He also appealed to the government to announce some special package so that the business community could make investment in power sector.

Copyright Business Recorder, 2014

Comments

Comments are closed.