Rashakai SEZ is yet to receive power supply license
Islamabad: The Special Economic Zone (SEZ) at Rashakai, a priority zone under the China-Pakistan Economic Corridor (CPEC), has applied for licenses from the National Electricity Regulatory Authority (Nepra) for distribution and supply of electricity, but the issue remains unresolved. At a recent meeting of the Cabinet Committee on Chinese Investment Projects (CCOCIP), the Department of Energy said that Chinese investors were asking for a “group price” of electricity instead of an industrial tariff. However, the pool price would require a government subsidy, resulting in higher consumer tariffs for SEZs and potentially discouraging investment and relocation of industrial units. The CCOCIP
