ISLAMABAD: Traders from Karachi have opposed the Rs3.09 per unit additional fuel cost adjustment (FCA) demanded by K-Electric, saying it would put them at a competitive disadvantage compared to the rest of the country.

The traders pleaded this on Thursday during National Elec­tric Power Regulatory Autho­rity’s (Nepra) public hearing on KE’s request for permission to extract Rs6.2bn from its consumers for electricity used in July.

The businesspersons, traders and political representatives from the city said the FCA for other ex-Wapda distribution companies was estimated to be negative Rs0.31 for July, the same month for which the power utility company was seeking an FCA of Rs3.09 per unit.

They said that since the government had applied uniform base tariff throughout the country and the difference was met through tariff differential subsidy, a higher FCA for Karachi would put business and industrial activities at a disadvantage.

Claim extra charges would put metropolis’ industry at........

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