Severe power breakdowns hit trade, industry as 7,000MW plants shut.

Karachi -- The Federation of Pakistan Chambers of Commerce and Industry's Businessmen Panel (BMP) has called for formulating a reform strategy on an emergency basis, taking urgent measures as severe power suspension has been hitting the trade and industry due to electricity shortfall of around 7,000MW amidst closure of more than a dozen of plants in the country.

FPCCI former president and BMP Chairman Mian Anjum Nisar asked the authorities to take quick action, taking notice of forced loadshedding in the industry because of non-availability of fuel, technical faults, failure in purchasing of fuel and maintenance of the power plants, leading to crunch of thousands of megawatts across the country.

While addressing a meeting of the business community, convened to discuss the loadshedding issue, he said that all the major industrial cities of the country are facing electricity...