Pakistan, May 29 -- The Pakistan Hosiery Manufacturers Association (PHMA) has called upon the government to abolish the outdated peak and off-peak electricity tariff structure, emphasizing that this system no longer serves its original purpose in light of the country's current surplus in power generation.
PHMA Zonal Chairman Abdul Hameed has warned that the continuation of these dual tariffs is imposing an undue burden on the export-oriented industry and domestic consumers alike, calling it an obstacle to economic growth, competitiveness, and affordability.
In a detailed letter addressed to Prime Minister Shehbaz Sharif, Federal Energy Minister Awais Laghari and Commerce Minister Jam Kamal, the PHMA has drawn attention to the negative imp...