Islamabad: The National Electric Power Regulatory Authority (NEPRA) hearing on K-Electric’s right of claims saw consumers voicing severe grievances, alleging that soaring electricity costs have made doing business in Karachi nearly impossible.
Impact on Industry and Businesses
During the hearing, consumers stated that hundreds of factories have shut down due to unsustainable electricity costs, with more closures looming. They rejected any additional charges under the pretext of right of claims or other categories, citing the dire economic impact on the city.
Circular Debt and Additional Surcharges
Consumers criticized the imposition of surcharges aimed at reducing circular debt, stating that Karachi’s citizens were unfairly burdened. “We reject any further financial strain on consumers; such measures will exacerbate law and order issues in the city,” one attendee warned.
Privatization and Efficiency Questions
A key question raised was the purpose and effectiveness of K-Electric’s privatization. Consumers accused the company of producing expensive electricity while relying on tariff differential subsidies. “Despite allowing K-Electric all margins, its right of claims continues to rise,” a consumer remarked.
Call for Accountability
The hearing underscored widespread dissatisfaction with K-Electric’s operations and policies, as consumers called for transparency, accountability, and an end to additional financial burdens that threaten the city’s economy and stability.
