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Industrialists halt Unit expansion, Machinery upgrading due to Gas outage & high Power tariff

Karachi, February 03, 2021: Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), has said that the anti-industry measures of the federal government have started having negative effects as a result of which the industrialists have stopped the expansion of their units and upgrading of machinery, while Investors have also stopped to setup…

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Industry protest over K-Electric tariff increase despite load shedding

Karachi, July 6, 2020: Industrials have lodged strong protest over prolonged load shedding and allowing K-Electric to charge quarterly Fuel Cost Adjustment (FCA) of 2.89 rupees per unit. President of SITE Association of Industry Suleman Chawla has questioned the Economic Coordination Committee to clarify who is dearer to them: K-Electric or trade & Industry. He…

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