DISCOs losses remained at 16% in last fiscal

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Our Correspondent September 13, 2024
Iesco stood on top in the wake of its plausible performance to curb losses, improve recoveries and act in line with the time frame for new connections. PHOTO: FILE

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ISLAMABAD:

The National Assembly was informed in Thursday that the Distribution Companies (DISCOs) sustained 16% electricity losses in 2023-24, amid 84,362 incidents of power theft across the country which saw 291 people arrested for stealing electricity and dismissal of 47 employees from DISCOs over abetment.

In a written replies during the Question Hour, the house was informed that DISCOs had registered 7,068 cases of electricity theft across the country.

During that period, the government reply stated that a cumulative sum of Rs885,381 million arrears were collected by DISCOs.

Details of the three-year losses of K Electric and Hyderabad Electric Supply Company (Hesco) were also presented in the National Assembly.

The house was informed that Hesco's electricity losses came down slightly to 27.1% in 2023-24 from 27.4% in 2021-22. Similarly, the losses of the K-Electric were 15.35% in 2021-22, and fractionally decreased 15.27% in 2022-23.

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