KATI Welcomes removal of 'peak hour' electricity tariff while suggests extension of implementation.

KARACHI -- Korangi Association of Trade and Industry (KATI) welcomed government's decision to abolish 'peak hour' electricity tariffs for industry while urged to extend the implementation at least until hardships due to Covid-19 would become normal. Patron in Chief of KATI SM Muneer said that industrial community welcomes the decision of ECC and lauds PM Khan for the initiative. He said that on one hand industry in Pakistan was already paying highest energy prices in the region on other we were also bearing the burden of additional charges. He said that abolishment of decades long peak and off peak regime of electricity tariff for industry would prove a great relief and will be helpful to reduce the cost of production and ultimately it would enhance country's exports. He noted that this decision mirrors the PM Khan's vision about industrial prosperity in the country.

President KATI Saleem-uz-Zaman said that after relief...