DISCOs caused Rs78bn losses in FY19

ISLAMABAD: Power distributing companies (DISCOs) have caused around Rs78,418 million worth heavy loss to the National Electric Power Regulatory Authority (NEPRA), as approximately 4,975 units of electricity were wasted in 2018-19.

As per details, Peshawar Electric Supply Company (PESCO) had purchased 14,427 units of electricity while it sold 9.074 units to its consumers, registering a loss of 5,354 units (37pc), as against NEPRA’s target of technical loss of 20.95pc for 2018-19.

Lahore Electric Supply Company (LESCO) purchased 24,338 units of electricity in 2018-19 while it sold 21,132 units to its consumers, registering a loss of 3,206 units (13.2pc). Gujranwala Electric Supply Company (GEPCO) purchased 11,100 units while it sold 10,004 units to its consumers, a loss of 1,096 units (9.9pc).

Similarly, Faisalabad Electric Supply Company (FESCO) purchased 14,970 units while it sold 13,500 units, recording a loss of 1,470 units (9.8pc); Islamabad Electric Supply Company (IESCO) purchased 11,838 units and sold 10,789 units, recording a loss of 1,049 unit (8.9pc); Multan Electric Supply Company (MEPCO) purchased 19,367 units and sold 16,310 units, a loss of 3,057 unit (15.8pc); Tribal Areas Electricity Supply Company (TESCO) purchased 1,820.73 units and sold 1,603 units, posting a loss of 218 units (12pc); Hyderabad Electricity Supply Company (HESCO) purchased 5,557 units of electricity and sold 3,916 units (29.5pc losses); Sukkur Electricity Supply Company (SEPCO) purchased 4,412 units and sold 2,781 units (37pc losses) and Quetta Electricity Supply Company (QESCO) purchased 6.257 units while sold 4,779 units to its consumers, recording a loss of 1,476 units (23.6pc).

It is relevant to note that NEPRA had targeted the technical losses for LESCO at 11.76pc, GEPCO 10.03pc, FESCO 10.24pc, IESCO 8.65pc, MEPCO 15pc, PESCO 20.95pc, TESCO 12.47pc, HESCO 17.09pc, SEPCO 16.75pc, and QESCO 15pc.

Ahmad Ahmadani
Ahmad Ahmadani
The author is a an investigative journalist at Profit. He can be reached at [email protected].

Must Read

Deputy PM Ishaq Dar reviews integration of ERRA into NDMA

The progress of merging the Earthquake Reconstruction and Rehabilitation Authority (ERRA) with the National Disaster Management Authority (NDMA) was reviewed yesterday by Deputy Prime...