National exchequer suffers Rs 1.226b due to discos’ performance

By Asad Cheema

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Tuesday expressed serious concern over electricity distribution companies (Discos’) as national exchequer lost Rs1.226 billion.
The deteriorating performance of the Discos’ in several cities of Pakistan due to which the national treasure suffered at least 1.226 billion in total.
NEPRA report unveiled that the due to the efficient distribution, Discos’ including Gujranwala Electric Power Company (GEPCO), Faisalabad Electric Supply Company (FESCO), Multan Electric Power Company (MEPCO) the national exchequer got benefited.
On the other hand, the inefficiency of Peshawar, Sukkur, Hyderabad, Lahore and Quetta power distribution costed Rs127 billion from the national treasure.
“K Electric saved Rs 2.15 billion by reducing its transmission losses,” the report revealed.

According to the document, the exchequer endured a loss of Rs 22 crore due to Islamabad Electric Supply Company (IESCO) due to not non-achieving targets in the capital.

Meanwhile, the Lahore power delivery company caused a loss of Rs 9.3 billion, and Peshawar electric bring about Rs 64 billion loss to national treasury.