LCCI asks NEPRA to fix power tariff
LAHORE – Lahore Chamber of Commerce & Industry (LCCI) has demanded of the National Electric Power Regulatory Authority (NEPRA) to freeze the electricity tariff to keep Pakistani merchandise competitive.
In a statement issued here on Tuesday, the Chamber’s President Ijaz A Mumtaz said that the government should have to evolve a mechanism to fix the electricity prices in collaboration with the stakeholders. He urged the federal minister of Water and Power to direct all the power distribution companies to determine their respective electricity tariff on the basis of line losses.
The chamber’s president further demanded that fuel adjustment formula should also be revamped as it is hitting the consumers hard.