Businesses seek industrial tariff below 9 cents
FPCCI appreciates 12-cent rate, links cheaper power to export growth
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Atif Ikram Sheikh has acknowledged the government's reduction of the industrial electricity tariff from 16 cents to 12 cents per unit over the last two years. He said that a further reduction to below nine cents, extended to all industrial consumers, was the definitive way to raise exports and reduce imports. He cautioned that the 12-cent rate...