Industrialists demand third-party audit for power sector data verification
ISLAMABAD: Protesting against the revised incremental consumption package (ICP) for industry and agriculture, industrial consumers have asked the government to order an independent third-party audit for verification of power sector data and suspend till then the two-part electricity tariff. In formal letters to the government, Korangi Association of Trade & Industry (Kati) has called for top…
ISLAMABAD - Industrious consumers have called for an independent third-party audit of power sector data and a suspension of the two-part electricity tariff due to dissatisfaction with the revised incremental consumption package (ICP) benefits. The Korangi Association of Trade & Industry (Kati) has urged top-level intervention to prevent industry-specific costs from burdening all other consumers.
Kati argues that the Rs25.30 per unit revised ICP is based on flawed data and analysis, resulting in higher fuel costs and an unjust distribution of the financial impact. The association demands that a major accounting firm audit the data, PLEXOS software inputs, and processes of the Power Division, Power Planning & Monitoring Company (PPMC), and Independent System & Market Operator (ISMO).
Additionally, Kati seeks a reduction in the industrial tariff to align with Nepra's cost of service, rather than recovering the ICP shortfall from ordinary consumers. The trade body emphasizes the need for transparent reporting of recovered funds and adherence to Nepra's deadlines regarding data provision and ICP impact review.
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