•      Wed Jul 24 2024

FNCCI demands commission to sort out disputes over industry

FNCCI Office

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

Issuing a press statement today, FNCCI said the government and private sector are well aware of the issues and stressed the necessity of a high-powered commission to effectively resolve the disputes.

Through the statement, the FNCCI has 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, numerous industries may face closure, causing adverse impact on employment and revenue collection if the matter was not addressed promptly.

The organization hopes 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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