KARACHI: The Korangi Association of Trade and Industry (KATI) has lauded the federal government’s decision to fix the electricity tariff at Rs38 per unit (inclusive of taxes) for Karachi’s industrial consumers during May 2025, terming it a crucial relief for businesses struggling with soaring production costs.
KATI President Junaid Naqi expressed gratitude to Prime Minister Shehbaz Sharif for his industry-friendly stance and appreciated Federal Energy Minister Awais Leghari for implementing reforms that enabled the supply of national grid electricity to Karachi.
Naqi also acknowledged the pivotal role of the Special Investment Facilitation Council (SIFC), the energy taskforce, and NEPRA in facilitating this policy, which supports productivity through lower energy costs.
Commending K-Electric CEO Moonis Alvi and his team, Naqi noted the successful integration with the National Transmission and Despatch Company (NTDC), which enabled the supply of 1,600MW of lower-cost electricity. However, he urged authorities to expedite the delayed transmission of an additional 400MW.
Naqi endorsed K-Electric’s planned 640MW solar projects, expected to provide clean power at Rs10 per unit, easing reliance on costly imported fuels. He also called for the immediate release of the unpaid Covid-era incremental power subsidy for industries and urged NEPRA to reconcile pending claims swiftly.
Reaffirming KATI’s commitment, Naqi said the association will continue advocating for affordable and sustainable energy for Karachi’s industries—the backbone of Pakistan’s economy.
