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ECONOMY

FNCCI demands high-powered commission to sort out disputes over arrears of dedicated power lines

KATHMANDU, Dec 25: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for the establish...

By Republica

KATHMANDU, Dec 25: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for the establishment of a high-powered commission to resolve disputes regarding arrears of dedicated and trunk lines of electricity. 


The FNCCI in a press statement on Monday stressed the need of a high-powered commission to effectively resolve the disputes. 


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The FNCCI urged Nepal Electricity Authority to refrain from cutting off power supply to industries, requesting the restoration of power to those that have already faced disconnection until the issue is sorted out. 


According to the FNCCI, several industries may face closure, causing adverse impact on employment and revenue collection if the matter is not addressed promptly. The umbrella organization of businessmen and industrialists across the country has expressed confidence that the government will prioritize the concerns of the private sector, particularly amid the existing economic crisis, and take proactive measures to address the issues. 


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