Rs227bn outstanding against power consumers, PAC told
ISLAMABAD: Power consumers across the country default Rs227 billion of various power distribution companies as a result of the failure of Power Division, Ministry of Energy.
Senior officials of the Power Division, Ministry of Energy, while briefing the Public Accounts Committee held here on Tuesday with Syed Khursheed Ahmad Shah in the chair said Peshawar Electricity Supply Company (PESCO), Hyderabad Electricity Supply Company (HESCO) and Gujranwala Electricity Supply Company (GEPCO) top on account of line losses.
The meeting reviewed and discussed audit paras of the Power Division, Ministry of Energy, of year 2016-17. The officials said PESCO line losses are 21 percent, Sukkur Electric Power Company (SEPCO) 19 percent, HESCO 18.5 percent, and Quetta Electric Supply Company (QESCO) 17.4 percent. The officials explained that one percent line losses mean Rs12 billion financial losses per year.
Published in Business Recorder, 23rd May, 2018