Lahore: The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Mian Anjum Nisar has sought the annual fixation of gas and power tariffs for the country’s export sector , a news source reported. He has specifically asked the government to prioritise the said sector for this purpose; as its vendors have to make commitments to their buyers six months in advance.
Nisar remarked that the frequent changes in local gas and power tariffs disrupted the entire planning of the exporters. In a meeting with the Chairman of Pakistan Apparel Forum, and others, he proposed to set the power tariff at 7.5 cents/kwh (including all charges) and RLNG at USD 6.5/MMBTU across the country.
The FPCCI president stated that the notification for these tariffs had come through but it did not include the time period. He said that it should be turned to a three-year period – as per agreement.
He also noted that the Oil & Gas Regulation Authority (OGRA) had separated the zero-rated industry from the general industry for gas tariff – but National Electric Power Regulatory Authority (NEPRA) had not done the same.
Nisar further urged the government to restore the zero-rating and no-payment-no-refund regime for the export sector – as per its commitment.