{
  "id": 4998651,
  "title": "Karachi industry cries out over power tariffs",
  "url": "https://urgent.news/2026/09/02/karachi-industry-cries-out-over-power-tariffs",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T01:59:08.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2026749/karachi-industry-cries-out-over-power-tariffs"
  },
  "original_language": "en",
  "account": "Karachi's industrial sector is facing difficulties due to high electricity and energy costs, according to K-Electric Board Chairman Shaheryar Chishti. The company plans to invest Rs15 billion in upgrading its power infrastructure, including laying new cables, upgrading grids, and bifurcating feeders. K-Electric currently serves more than 2,100 feeders, with over 70% exempt from loadshedding and no loadshedding for industrial consumers since 2013. K-Electric CEO Syed Muhammad Taha stated that new technologies, feeders, and modern systems are being introduced to address electricity-related issues in industrial areas, particularly those caused by residential settlements. The company is also working towards transforming Karachi's power system into a smart grid using smart metering and other modern technologies. KATI President Muhammad Ikram Rajput emphasized that Pakistan's industrial sector is under severe pressure due to high electricity and energy costs, which directly impacts production costs and export competitiveness. He urged the government to review electricity tariffs for industrial consumers and reconsider additional charges that are adversely affecting production. Rajput also highlighted that industrialists face heavy capacity payments alongside high electricity prices, creating a significant problem for the economy and industry. He called for a collaborative approach between the government and power distribution companies to develop a viable system that provides competitive electricity rates, stable energy supplies, and avoids unnecessary financial burdens for the industry.",
  "summary": "KARACHI: Amid disappointment among trade and industry over costly tariffs, K-Electric Board Chairman Shaheryar Chishti has said the company is investing Rs15 billion to upgrade its power infrastructure and ensure a reliable, uninterrupted electricity supply for the industrial sector. Addressing members of the Korangi Association of Trade and Industry (KATI) on Tuesday, Mr Chishti said the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}