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Pakistan Industrial and Traders Associations Front invites attention of government towards the plight of the trade and industry

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by June 15, 2012 General

Lahore, June 15, 2012 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) has yet again invited the attention of the government towards the plight of the trade and industry that has been destroyed because of 12 to 14 hours daily electricity load-shedding.

The Acting Chairman PIAF Nadir Kamal Osman was talking to Chairman Lahore Township Industrial Area Association Iftikhar Bashir, Mirza Shahid Baig of Attari Industrial Association and President Khna Khacha Industrial Association here on Friday.

Nadir Kamal Osman said that it was very unfortunate that the government has failed to ensure some relief to the industrial sector in its over four year tenure and always raised hollow slogans about the availability of electricity.

He said that the recent spell of power cuts have rendered five lakh industrial workers unemployed. e said that at a time when all the neighbouring countries were on the path of rapid growth, the economic situation in Pakistan was getting out of hand.

The PIAF Acting Chairman said that industrial sector is the main victim of this massive load shedding despite the fact that business community fullfills its national obligations by paying all taxes to the government.

He said that one hand load shedding is adding fuel to the fire while the other government is grinding the business community enhancing the electricity tariff. He said that it is a sheer injustice that instead controlling line losses and making arrangements to stop electricity thefts, the authorities were busy in worsening the situation.

He said that Kalabagh dam was the most excellent solution of the power crisis but present regime shelved the project with a one stroke of pen. He said that Pakistan could generate thousands megawatt electricity through coal and other alternate resources. Only Sindh has 185 billion tone reserves of coal but government is spending billions dollars annually on the import of oil and generating electricity thorugh costly furnace oil operated power plants.

He said that the government could be able to get rid of ongoing energy crisis if it completes the Thar Coal Project but reportedly funds were not being released for the project.

PIAF Acting Chairman urged Chief Minister Punjab to start work on the power generation projects announced in the Punjab Budget as soon as possible.

For more information, Contact:
Pakistan Industrial and Traders Associations Front
110/s Kot Lakhpat Industrial Estate
Lahore, Pakistan
Phone: (92) 42 5123522
Fax: (92) 42 5123522


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