Decision should be imposed across the country - Press Release issued by Dr. Shahid Rasheed Butt.

Islamabad -- January 04, 2023 (PPI-OT)

Following is the text of press release issued by Dr. Shahid Rasheed Butt

Quote

Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Wednesday lauded the federal government for approving the National Energy Efficiency and Conservation Plan to save energy. The decision will help reduce the oil import bill, slow the accumulation of circular debt which is almost Rs2.5 trillion and result in an overall saving of almost two billion dollars which will help stabilize the economy, he said.

Shahid Rasheed Butt said that the plan should be implemented with full force without compromise as it will reduce losses in the bleeding energy sector. According to the decision, the timings of wedding halls and markets across the country will be limited to 10 pm and 8:30 pm respectively. The business leader also lauded the decision to halt the production of inefficient fans using 120-130 watts of electricity and introduce efficient fans which use less power.

Similarly, the manufacturing of inefficient bulbs would be stopped and additional taxes will be imposed on...