KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the National Electric Power Regulatory Authority (Nepra) to convene an urgent hearing of all relevant stakeholders to address pending issues related to K-Electric that have been significantly impacting both industrial and domestic consumers in Karachi.

In a letter to Nepra Chairman Waseem Mukhtar on Tuesday, KCCI President Iftikhar Ahmed Sheikh regretted that the imposition of Power Holding Limited (PHL) surcharge of Rs3.23 per unit has placed a significant financial burden on consumers in Karachi.

This surcharge has been applied despite Karachi’s consumers not being participants in the circular debt, making its collection unjust, he said, urging Nepra to review and reconsider the continuation of this surcharge.

Iftikhar Sheikh pointed out a notable disparity in fuel adjustments, saying while other distribution companies (Discos) in the country are passing on minimal fuel adjustments, KE imposes significantly higher adjustments ranging between Rs3 and Rs5 per unit.

Published in Dawn, September 4th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Revised solar policy
Updated 15 Mar, 2025

Revised solar policy

Criticism policy revisions misplaced as these will increase payback periods for consumers with oversized solar systems.
Toxic prejudice
15 Mar, 2025

Toxic prejudice

WITH far-right movements on the march across the world, it is no surprise that anti-Muslim bias is witnessing high...
Children in jails
15 Mar, 2025

Children in jails

PAKISTAN’S children in prison have often been treated like adult criminals. The Sindh government’s programme to...
Cohesive response
Updated 14 Mar, 2025

Cohesive response

Solely militarised response has failed to deliver, counterterrorism efforts must be complemented by political outreach in Balochistan.
Agriculture tax
14 Mar, 2025

Agriculture tax

THE changes in the provincial agriculture income tax laws aimed at aligning their rates with the federal corporate...
Closing the gap
14 Mar, 2025

Closing the gap

PAKISTAN continues to struggle with gender inequality in its labour market. A new report by the ILO shows just how...