HCCI rejects tariff hike

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HYDERABAD: While rejecting massive increase in electricity tariff, Hyderabad Chamber of Commerce and Industry president Adeel Siddiqui on Saturday said the problems for business community were multiplying and many industries would face closure.

He said the government should waive electricity bills for three months to offer relief to business community because of countrywide flooding and closure of markets. He added that the recovery from domestic and industrial consumers having less than Rs2.5m bills should also be waived for two months.

In a statement issued on Saturday, Mr Siddiqui said small and medium enterprises (SMEs) would be badly hit due to exceptional rise in power tariff. He asked the government to immediately withdraw increase in electricity tariff and fuel adjustment charges.

Published in Dawn, September 4th, 2022

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