LCCI voices concern over rising energy crisis

LAHORE: The Lahore Chamber of Commerce and Industry has expressed deep concern over rising energy crisis and demanded of the authorities concerned to act promptly and control the circumstances immediately.

LCCI President Malik Tahir Javaid said that power outages, coupled with faults in distribution system and rising circular debt, are making way for a challenging state of affairs which need instantaneous attention of the concern authorities.

He said energy is a key to development, and uninterrupted and affordable supply of power is essential for accelerated economic growth. Energy is also an important economic indicator and its availability/shortage encourages or discourages the local and foreign investors.

Published in Business Recorder, 4th August, 2018