discos

Pakistan's pivot to thermal power over hydel resources has caused inefficiencies, high costs, and significant debt

Decides to privatise most efficient power distribution firms

Notion is a myth propagated by power distribution companies

Committee agrees to study multiple models to know about their implications

Islamabad pledges tariff adjustments, privatisation of DISCOs to tackle woes

Lament NEPRA’s unexpected hike will add Rs70b burden, threaten survival

Decides to outsource management to slash losses, draw investment

Implementing structural changes and introducing competition may encounter resistance and logistical hurdles

Report highlights that decline in recovery of bills has exacerbated crisis

DISCOs seek to recover staggering Rs81.5b via quarterly adjustments for second quarter FY2023-24

License extension recognises company’s performance

Seeks to encourage private sector participation in management of DISCOs

Suppliers of Last Resort licences will remain valid till April 2043

Challenges claims of overcharging 10m consumers, says only 0.2m has been affected

Stakeholders oppose amendments to Consumer Service Manual

Criminal Law (Amendment) Ordinance 2023 makes electricity theft a cognizable offense

Energy ministry seeks quarterly adjustments of Rs0.468 and Rs1.248

Finance ministry terms proposal in violation of SIFC decision

Discos, KE fleeced consumers, says power regulator

Out of Rs900b subsidies, govt pays only Rs327b, recovers rest from consumers

If approved, consumers will be burdened with additional Rs40b

Most excess billing occurred in LESCO and HESCO regions, Nepra report reveals

Say it is crucial for decision-making, including impending privatisation of DISCOs

Regulator finds serious flaws in DISCOs’ power acquisition plan

Power Division seeks approval for halting facility, giving monetisation allowance

Union leader says sell-off will only multiply problems of consumers

Power Division asked to step up efforts to remove bottlenecks

Minister proposes two-step privatisation scheme for DISCOs

World Bank officials meet caretaker Federal Minister of Privatisation Fawad Hasan Fawad

Fawad says PSM is a dead asset; DISCOs’ one-step privatisation no longer possible because of various factors

BS-17 officers told to report to companies for a period of 60 days

Financial adviser for privatisation of PIA to be appointed soonIrshad Ansari

Explores full privatisation, management transfer as solutions to sector’s woes

Besides LESCO, PDM govt appointed MPs’ relatives on two other DISCOs

Govt only concerned about circular debt, focuses less on habitual defaulters

Secretary Power Division says companies are based in major urban centres of Gujranwala, Faisalabad and Islamabad

NEPRA notifies reduction of Rs4.89 per unit in electricity rates for KE consumers

Govt prepares framework to hand over DISCOS to provinces

Meeting expresses annoyance at absence of K-Electric CEO

Revenue body acting on FTO’s instructions to broaden tax net

Will take up 2-point agenda at a meeting scheduled for today

Suggest govt can run DISCOs under public-private partnership as well to overcome outages

Govt says measures taken to increase bill collection, control power theft

PM Imran chairs meeting on power sector reforms, says govt working on making the subsidy system transparent

Committee asks officials concerned to take steps to prevent such incidents in future

Nadeem Babar says issues of monopoly rights and uniform tariffs need to be resolved

‘Lack of transparency in hirings for DISCOs’

'198,000 workers provided more than 290m units in a year'

Nepra report reveals no concrete steps taken to avert electrocution incidents

Discos to recover Rs52.7 billion to due this increase