Discos passing Rs131 bn power sector loss on to consumers

The electricity distribution companies (Discos) intend to pass the impact of the inefficiencies in power sector amounting to Rs131 billion on to power consumers to obviate the re-emergence of the liquidity crisis to make the bleeding sector sustainable and functional, a senior official of the Energy Ministry confided to The News.

He said, “they (Discos) want to pass the late payment surcharge (LPS) of Rs62 billion and capacity charges of power houses amounting to Rs69 billion to the end consumer in the power tariff, and the ministry is also agreed with Discos to this effect.

Published in The News, 19th September, 2017