AIRLINK 79.40 Increased By ▲ 1.01 (1.29%)
BOP 5.34 No Change ▼ 0.00 (0%)
CNERGY 4.34 Increased By ▲ 0.01 (0.23%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 77.75 Decreased By ▼ -0.76 (-0.97%)
FCCL 20.56 Decreased By ▼ -0.02 (-0.1%)
FFBL 32.90 Increased By ▲ 0.60 (1.86%)
FFL 10.37 Increased By ▲ 0.15 (1.47%)
GGL 10.28 Decreased By ▼ -0.01 (-0.1%)
HBL 119.00 Increased By ▲ 0.50 (0.42%)
HUBC 135.30 Increased By ▲ 0.20 (0.15%)
HUMNL 6.81 Decreased By ▼ -0.06 (-0.87%)
KEL 4.32 Increased By ▲ 0.15 (3.6%)
KOSM 4.80 Increased By ▲ 0.07 (1.48%)
MLCF 38.45 Decreased By ▼ -0.22 (-0.57%)
OGDC 134.77 Decreased By ▼ -0.08 (-0.06%)
PAEL 23.70 Increased By ▲ 0.30 (1.28%)
PIAA 26.69 Increased By ▲ 0.05 (0.19%)
PIBTL 7.04 Increased By ▲ 0.02 (0.28%)
PPL 113.60 Increased By ▲ 0.15 (0.13%)
PRL 28.16 Increased By ▲ 0.43 (1.55%)
PTC 14.72 Increased By ▲ 0.12 (0.82%)
SEARL 58.40 Increased By ▲ 1.90 (3.36%)
SNGP 68.60 Increased By ▲ 2.30 (3.47%)
SSGC 11.27 Increased By ▲ 0.33 (3.02%)
TELE 9.13 Decreased By ▼ -0.02 (-0.22%)
TPLP 11.76 Increased By ▲ 0.09 (0.77%)
TRG 71.40 Decreased By ▼ -0.03 (-0.04%)
UNITY 25.02 Increased By ▲ 0.51 (2.08%)
WTL 1.41 Increased By ▲ 0.08 (6.02%)
BR100 7,518 Increased By 25.4 (0.34%)
BR30 24,707 Increased By 148.4 (0.6%)
KSE100 72,373 Increased By 320.8 (0.45%)
KSE30 23,820 Increased By 12.1 (0.05%)

ISLAMABAD: Prime Minister Shehbaz Sharif has formed a committee regarding handing over electricity distribution companies to provinces. He directed the committee to finalise the action plan soon.

The prime minister, Wednesday, chaired a high-level meeting to hand over the electricity distribution companies under the jurisdiction of provinces.

The meeting was given a detailed briefing about the losses due to electricity theft, non-recovery of billed amount and line losses of electricity distribution companies.

The meeting was also presented a comparison of the existing administrative structure for the collection of bills in the federation and the provinces and was told that handing over the system of electricity distribution companies to the provinces is a constitutional measure.

This measure will significantly reduce the collection of bills and prevention of theft. The meeting was further informed that the Sindh government had first contacted the federal government for the transfer of the system of electricity distribution companies.

The prime minister stated that the government is taking steps on a priority basis to prevent electricity theft and has also formulated a strategy along with the provinces to reduce the losses of the electricity distribution companies.

The prime minister has set up a committee to transfer the electricity distribution companies to the provinces. The committee will determine the terms of reference and the deadline in collaboration with the provincial governments in this regard.

He said that the federal government will provide technical assistance to increase the capacity of the provinces and a better management structure for collections of bills will play a key role in dealing with the power sector circular debt.

The meeting was attended by former prime minister Shahid Khaqan Abbasi, federal ministers, Ishaq Dar, Engineer Khurram Dastgir, and Abid Hussain Bhayo, Minister of State Dr Musaddiq Malik, Advisor to Prime Minister Ahad Cheema, Chief Minister Sindh Syed Murad Ali Shah, Chief Minister Khyber-Pakhtunkhwa, chief secretaries of Punjab and Balochistan, and others.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Aamir Latif Mar 16, 2023 01:51pm
Faulty proposal, will never work... It's just transfer one liability to another within govt.... Why can't stringent measures be taken on theft and other losses in regions that do not pay or theft...???????
thumb_up Recommended (0)
Hawkeye Mar 16, 2023 02:30pm
As long as the crooks and criminals are running the country it will move backwards not forward!
thumb_up Recommended (0)