The recently published report titled “Performance evaluation report of public sector GENCOs FY14-16” by the power regulator Nepra presents a dismal performance of Gencos. Facts and figures speak for themselves and so do the figures presented by Nepra.
Nepra has revealed that public-sector power generation companies (Gencos) have lost more than 15 billion units of electricity in the last two years, meaning a revenue loss of Rs 150 billion to the exchequer. The losses are beyond the allowed limit of around 670 million units.
Published in Business Recorder, 3rd February, 2018