ISLAMABAD: Former President Islamabad Chamber of Commerce and Industry (ICCI), Shahid Rasheed Butt has said that industrial sector is wasting gas worth billions of rupees by self-generation of electricity through outdated captive power plants (CPPs) therefore a permanent ban should be imposed on them. In a statement issued here on Saturday, he said that the government should slap a permanent ban on obsolete CPPs wasting scarce resource of gas ignoring the outcry of the textile and other industrial sectors. Shahid Rasheed Butt said that the industrial sector has become addicted to subsidies, packages and cheap gas on the cost of the economy that should not be allowed anymore. Captive power plants were allowed in the past to keep the industry away from load shedding but now the situation has changed as the country is producing more electricity than required therefore, there is no justification to keep old-fashioned captive power pants running, he added. INP
