BR100 Increased By (0.36%)
BR30 Decreased By (-0.13%)
KSE100 Increased By (0.22%)
KSE30 Increased By (0.37%)
AGHA 6.68 Increased By ▲ 0.01 (0.15%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 57.32 Increased By ▲ 0.88 (1.56%)
BOP 30.35 Increased By ▲ 0.01 (0.03%)
CNERGY 13.12 Increased By ▲ 0.03 (0.23%)
CSIL 5.41 Increased By ▲ 0.05 (0.93%)
FCCL 52.79 Increased By ▲ 0.41 (0.78%)
FFL 14.72 Decreased By ▼ -0.02 (-0.14%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.09 No Change ▼ 0.00 (0%)
KOSM 5.73 Increased By ▲ 0.77 (15.52%)
LOTCHEM 26.46 Decreased By ▼ -0.89 (-3.25%)
MLCF 93.16 Increased By ▲ 0.41 (0.44%)
NBP 164.66 Decreased By ▼ -0.32 (-0.19%)
NCPL 55.66 Increased By ▲ 0.02 (0.04%)
NPL 61.16 Decreased By ▼ -0.10 (-0.16%)
OGDC 316.73 Decreased By ▼ -1.03 (-0.32%)
PACE 9.87 Decreased By ▼ -0.06 (-0.6%)
PAEL 35.63 Increased By ▲ 0.13 (0.37%)
PIBTL 14.68 Increased By ▲ 0.11 (0.75%)
PPL 226.91 Decreased By ▼ -0.88 (-0.39%)
PRL 93.02 Increased By ▲ 0.45 (0.49%)
PTC 60.26 Decreased By ▼ -0.37 (-0.61%)
SSGC 23.81 Increased By ▲ 0.01 (0.04%)
TBL 8.75 Increased By ▲ 0.07 (0.81%)
TELE 7.80 Increased By ▲ 0.02 (0.26%)
TPL 22.35 Increased By ▲ 0.12 (0.54%)
TPLP 12.97 Increased By ▲ 0.30 (2.37%)
TREET 22.16 Decreased By ▼ -0.38 (-1.69%)
TRG 56.56 Decreased By ▼ -1.24 (-2.15%)

ISLAMABAD: Power Distribution Companies (Discos) are reportedly not only involved in over-billing Pakistani consumers to cover up their losses but now they are also not sparing foreign companies in this regard.

A recent case has been reported by John Coronado, Commercial Counsellor, US embassy in a letter to Chief Executive Officer (CEO), Lahore Electricity Supply Company (LESCO), Ch. Muhammad Amin.

According to Commercial Counsellor, as highlighted by the Assistant U.S. Trade Representative during the U.S.-Pakistan Trade and Investment Framework Agreement inter-sessional meeting in Islamabad on March 7, 2022, a key aspect of the U.S.-Pakistan relationship centres on supporting private sector’s efforts and investments.

He added that the U.S recognizes and values the many promising opportunities for U.S. and Pakistani firms across multiple sectors, including food and beverages, with U.S. companies accounting for significant employment opportunities in Pakistan; and mentioned a case involving U.S. firm Venus USA, LLC (Gainesville, FL) and its attempts to resolve the over-billing at one of its manufacturing facilities in Lahore.

According to the company’s senior management it received multiple over-billed statements from LESCO, spanning more than one year totalling to approximately 18 million electricity units.

Ministry refutes news items about load-shedding

The company has attempted to resolve this over-billing issue with LESCO, and requested a refund for the overpaid amount.

The Commercial Counsellor has sought time from CEO LESCO to discuss this in more detail at his convenience.

The issue of over-billing has been discussed time and again during meetings of Standing Committee of National Assembly and Senate but Discos continue to send inflated bills to consumers, especially in the months of April, May and June each year to cover up their losses and inefficiencies.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.