AIRLINK 75.50 Increased By ▲ 0.07 (0.09%)
BOP 5.13 Increased By ▲ 0.06 (1.18%)
CNERGY 4.63 Decreased By ▼ -0.12 (-2.53%)
DFML 30.04 Decreased By ▼ -0.06 (-0.2%)
DGKC 89.15 Decreased By ▼ -1.33 (-1.47%)
FCCL 22.60 Decreased By ▼ -0.30 (-1.31%)
FFBL 33.30 Increased By ▲ 0.35 (1.06%)
FFL 10.14 Increased By ▲ 0.09 (0.9%)
GGL 11.17 Decreased By ▼ -0.17 (-1.5%)
HBL 114.40 Increased By ▲ 0.91 (0.8%)
HUBC 136.95 Increased By ▲ 0.44 (0.32%)
HUMNL 9.52 Decreased By ▼ -0.38 (-3.84%)
KEL 4.60 Decreased By ▼ -0.06 (-1.29%)
KOSM 4.75 Increased By ▲ 0.06 (1.28%)
MLCF 40.60 Decreased By ▼ -0.50 (-1.22%)
OGDC 135.93 Increased By ▲ 1.13 (0.84%)
PAEL 27.30 Decreased By ▼ -0.31 (-1.12%)
PIAA 24.84 Decreased By ▼ -0.63 (-2.47%)
PIBTL 6.95 Increased By ▲ 0.03 (0.43%)
PPL 124.79 Increased By ▲ 0.34 (0.27%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.30 Decreased By ▼ -0.20 (-1.38%)
SEARL 60.17 Decreased By ▼ -0.03 (-0.05%)
SNGP 71.53 Increased By ▲ 0.98 (1.39%)
SSGC 10.60 Increased By ▲ 0.04 (0.38%)
TELE 8.83 Decreased By ▼ -0.06 (-0.67%)
TPLP 11.83 Increased By ▲ 0.05 (0.42%)
TRG 67.00 Decreased By ▼ -0.66 (-0.98%)
UNITY 25.28 Increased By ▲ 0.11 (0.44%)
WTL 1.46 Decreased By ▼ -0.02 (-1.35%)
BR100 7,779 Increased By 54.2 (0.7%)
BR30 25,628 Increased By 27.3 (0.11%)
KSE100 74,266 Increased By 467.3 (0.63%)
KSE30 23,857 Increased By 233.1 (0.99%)

ISLAMABAD: Secretary Power Rashid Mahmood Langrial has stated that power Distribution Companies (Discos) anti-theft and recovery drives generated savings of Rs55 billion as of November 20, 2023 - 46 billion from September 7 till October 31, 2023, in less than 73 days, and Rs9 billion in November so far.

According to Secretary Power November data includes detection charges and arrears recovery but does not include financial impact of theft reduction.

In this recovery effort, LESCO leads with Rs10 billion, followed by PESCO with Rs9 billion, he added.

In the process, Discos have arrested 29,541 delinquent consumers and 20 employees and suspended another 272 employees including officers.

“We have also raised detection charges of Rs5 billion plus. Most of the theft variance in large swathes of the Indus plain is associated with cooling load and local sense of impunity.

Therefore, as winter approaches, monthly payoff of the anti-theft campaign compared to previous year would fall as incentive for theft is even otherwise not very high,” he continued.

Talking to Business Recorder, he said that few inefficient senior officers of Hyderabad Electric Supply Company (HESCO) have been replaced with efficient and hardworking officials of Faisalabad Electric Supply Company (FESCO).

Copyright Business Recorder, 2023

Comments

Comments are closed.