AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,941 Increased By 103.5 (1.32%)
BR30 25,648 Increased By 196 (0.77%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)

ISLAMABAD: The Power Division Tuesday informed National Assembly Standing Committee on Power that the financial impact of electricity theft during the last 15 months has been estimated to be Rs500 billion.

The committee headed by Riaz Mazari was informed that 55,000 complaints of electricity theft were received during the year whereas 20,000 FIRs were registered, however only 528 people were arrested on theft charges. Non-cooperation of the local administration remains a big challenge.

The Members of Standing Committee noted that the performance of electricity distribution companies is not satisfactory as they are also receiving complaints of massive loadshedding in their respective constituencies.

PD official testifies before NA panel ‘Electricity worth Rs380bn is stolen every year’

The committee expressed anger at the lack of measures to prevent electricity theft in the country, saying that actions against electricity theft equal zero.

The Power Division officials stated that instead of complete feeders, only the option of shutting down the transformers is under consideration. Islamabad Electric Supply Company (IESCO) has started work on installation of smart meters meant to control theft and reduce losses.

The Standing Committee directed the Power Division to take immediate action against power theft. Power Division officials noted that circular debt is increasing due to power theft, adding that electricity prices are raised to compensate losses.

The Power Division further apprised the committee that theft falls under the dominion of concerned Board of Directors of DISCOs.

The committee was informed that work is in progress on the privatization of DISCOs or handing them over to the provinces. The standing committee also raised the issue of repeated faults in Guddu Thermal Power Station and asked the concerned officials to sort it out.

However, SEPCO officials stated the grid is inside the Guddu Power Station due to which they are not allowed to go inside without permission. The standing committee members maintained that electricity supply is the right of the people, so why are the people being punished in the fight between GENCO and SEPCO.

Chairman standing committee argued that electricity is the right of people of Guddu and questioned why different organizations are blaming each other. The committee revealed that due to the short circuit fault of Guddu Power Plant, the southern areas have plunged into darkness many times.

SEPCO officials promised that the issue will be sorted out in a month and half as conductors are replaced, adding that there is no quick fix to the fault.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Maqbool Jul 26, 2023 10:55am
And the Government ordered a Bonus to their staff , what for ? Losing 500billion?
thumb_up Recommended (0)
Tariq Qurashi Jul 26, 2023 12:40pm
Given the serious issue of circular debt and electricity theft; this problem needs to be tackled head on. The first step, that should be taken to solve this problem, is to privatize electricity bill collection. The companies hired to do this task should get a percentage of each bill collected as a fee, and be empowered to cut off the electricity of any consumer for not paying their bills (and that includes government departments).
thumb_up Recommended (0)
Power Master Jul 26, 2023 01:01pm
Elites steal. True or false. Prez. pm. parliament n military don't pay
thumb_up Recommended (0)
Builder Jul 26, 2023 04:34pm
Why isn't anyone giving figures for cost of free electricity we distribute to government employees? Where on earth people get free electricity? Why should I, as a taxpayer, should pay for their utilities?
thumb_up Recommended (0)