
KCCI warns proposed amendments threaten NEPRA’s regulatory independence. Business leaders fear negative impact on investor confidence.
Read more: NEPRA Weighs Flat Power Tariff to Revive Demand
Business leaders in Karachi have sounded the alarm over proposed amendments to the NEPRA Act, 1997 and the Electricity Act, 1910, warning that the changes risk stripping the NEPRA – National Electric Power Regulatory Authority of its independence. Karachi Chamber of Commerce & Industry (KCCI) acting President Muhammad Raza said the amendments could place NEPRA under the direct administrative control of the Power Division, undermining a core principle of regulatory governance.
In an impassioned statement, Raza argued that an independent regulator is essential for transparency, predictability and credibility in Pakistan’s power sector, providing neutral oversight between government, utilities, investors and consumers. He cautioned that linking NEPRA too closely with an executive ministry could compromise its ability to make impartial, technically sound and cost-reflective decisions, and erode confidence among private investors critical to addressing long-standing sector challenges.
The KCCI’s concerns reflect broader industry unease over potential politicization of tariff decisions and regulatory actions at a time when Pakistan is striving for sustainable power sector reform. Raza urged the government to reconsider the amendments and engage stakeholders in a more consultative process.
