OUR STAFF REPORTER LAHORE The LESCO has announced to put an end to the unscheduled loadshedding for the entire industrial sector. From now onwards there would be no more forced loadshedding for the industry. The LESCO Chief Executive Sharafat Ali Sayyal was speaking at the Lahore Chamber of Commerce and Industry on Monday. LCCI President Irfan Qaiser Sheikh presented the address of welcome while Senior Vice President Kashif Yousif Meher, former Presidents Mian Anjum Nisar, Mian Misbahur Rehman and former Senior Vice President Abdul Basit also spoke on the occasion. The LESCO Chief said that industry was his priority and he was taking all possible steps to facilitate the business community in general and the industrial sector in particular. The LESCO Chief also informed the LCCI members that long awaited New Kahna Grid Station and Transmission Line Project has been commissioned. When the LCCI took up the high prices of electricity and repeated increases in power tariff, Sharafat Ali Sayyal informed the LCCI members that negotiations with NEPRA are underway on high Fuel Adjustment Charges in LESCO as the distribution company is the highest revenue generation DISCO while the line losses are at the lowest ebb when they are compared with other distribution companies in the country. The LESCO Chief said that to stop the electricity pilferage, the LESCO has adopted the policy of stick-and-carrot and all the LESCO men found involved in this heinous crime would be given exemplary punishments while those who are doing good work would be rewarded. He said that a quarterly review would be carried out in this regard. He said that the LESCO Management Committee in which private sector representation is involved to make certain decision with regard to sector-wise load management would also be activated as soon as the LCCI forwards names for the committee. The LESCO Chief also said that LCCI-LESCO Dispute Resolution Committee would be activated as soon as the LCCI forwards names for the committee. Speaking on the occasion, the LCCI President Irfan Qaiser Sheikh drew the attention of LESCO Chief towards the ever-mounting energy crises which are causing sufferings to all the segments of society. He said that the power outages not only halt the production process but also increase the cost of production because shifting to generators fueled by diesel is hardly affordable to anyone. Irfan Qaiser Sheikh said that the price of electricity had been increased by 72% in the span of four to five months. It seems that the high-ups only know this way to manage the demand and supply of electricity. Whereas no serious attention is being given to efficiently do the load management and also explore the other economical ways of generating electricity.