The Economic Coordination Committee (ECC) has been informed that financial and operational audit of high loss-making distribution companies revealed power pilferage of Rs 1.557 billion through kunda (illegal hook) connections in Hesco, Sepco and Qesco.
Sources said that last ECC meeting presided over by Finance Minister Asad Umar was presented the findings of operational audit of distribution companies and reported a loss of Rs 50.403 million due to electricity theft through illegal hook system, loss of Rs 66 million due to non-pursuance of theft cases with police authorities in SEPCO as well as Rs 1.461 billion loss due to theft of energy by unregistered consumers and non-registration of FIR against theft of electricity in Qesco.
The Directorate General of Audit (Power) conducted the financial and operational audit of the Peshawar Electric Supply Company Limited (Pesco), Hyderabad Electric Supply Company Limited (Hesco), Sukkur Electric Supply Company Limited (Sepco) and Quetta Electric Supply Company Limited (Qesco) on the directives of the ECC for the financial years 2016-17 to 2017-18.
The meeting was informed that loss due to damage of transformers remained Rs 262.23 million including non-return of dismantled/spared transformers to store caused Rs 21.570 million loss to Pesco while loss of the same company due to damage of distribution transformers remained Rs 208.841 million, while Hesco faced a loss of Rs 31.819 million due to damage to electrical equipment.
The meeting was further informed that loss due to breach of National Electric Power Regulatory Authority (Nepra) line losses target in the four distribution companies increased considerably during the last fiscal year as opposed to a year before.
The Pesco line losses in the fiscal year 2016-17 were 32.60% against the 31.95% Nepra''s target which increased to 38.19% in fiscal year 2017-18 causing a revenue loss of Rs 11,115.53 million.
In the fiscal year 2016-17, Hesco''s Nepra target of losses was 22.59% but actual line losses of the Disco were 30.74 %. The excessive line losses i.e. 8.15% caused a loss Rs 9,236.50 million, however revenue loss of company decreased to Rs 8,808.32 million following decline in line losses to 29.85% against the target of 22.59%.
The Sepco''s actual line losses were 37.80% in the fiscal year 2016-17 against the NEPRA''s target of 29.75% with a revenue loss Rs 4,904.35 million. The revenue loss of the Disco declined to Rs 4,244.62 million in the fiscal year 2017-18 subsequent to a marginal improvement in line losses of the company to 36.67% from 37.80%.
The Nepra fixed 17.50% line losses target for Qesco, while actual line losses were 23.08% in fiscal year 2016-17. The excessive line losses of 5.58% have been causing revenue loss of Rs 3,877.64 million to the company. In the fiscal year 2017-18 against the target 17.50%, actual line losses of the company stood at 22.44%. As the line losses decreased to 4.94%, the revenue loss of the company was contracted to Rs 3,759.75 million.
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