SIDB to take action against defaulters
IESCO has to recover pending electricity bills amounting over Rs35 billion from some 58,000 defaulters. PHOTO: FILE
The Small Industries Development Board (SIFB) Khyber-Pakhtunkhwa (K-P) has decided to take action against the defaulting industrialists for non-payment of arrears of over Rs15 million under the heads of utility bills and rental charges. The decision has been taken after repeated reminders for payment were completely ignored by the defaulting industrialists.
The board has also issued final notices to the factory owners asking them to make the payment as soon as possible otherwise the leases of their plots would be cancelled.
According to a spokesman, the defaulters owe utility bills and rental charges for which notices have been issued several times but they did not take them seriously.
SIDB has decided to take action against 30 units in Small Industries Estate Peshawar including Mohmand Flour Mills, plot no 20, 21, 22, 19 Sindh Arms plot no 33, Shaan Gas Tanwar plot no 19, Sarwar Steel Mill plot no. 42,43, ZB Engineering plot no 114,116,118, Sarwar Food Industries plot no. 89, Shaheen Textile Industries plot no 41,43, Misbahud Din Furniture Industries plot 25,27,66,67, National Center for Electronics plot no 09, 10, Haji Amir Alam plot no 70,71, Family Shows plot no 84,91, Majeed Gul Arms plot no 49,50 Style Furnace Echer Industries plot no 74, Para Chamkani Ice Factory plot no 66,67,68,69 Ali Plastic Industries 46 Muhammad Israr Plastic Industries plot no 60, Khattak Fabrics plot no 61,63, Ali Akbar Engineering Company plot no 18, Al-Fatah Book Agency plot no 15, Inam Chemical Industries plot no 120, Empower Enterprises plot no 41 Mukarram Textile. Shahid Textile, Osama Spices, Empower Footwear, Dost Mohammad Telecom Powder, Rehman Textile, Furnitures, Afridi General Engineering are among units with arrears while lists of defaulters of other industrial estates are being compiled. On the instructions of the Managing Director (MD), the board has taken such action against defaulters for the first time, which has yielded 60 per cent positive results from Peshawar.
Published in The Express Tribune, December 20th, 2021.