DISCOs receipts reach 93.26% by Dec 2024

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Our Correspondent February 08, 2025
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:

Prime Minister Shehbaz Sharif Friday chaired a review meeting on the implementation of reforms in the power sector.

Speaking at the meeting, he said by the grace of Allah, the ongoing reforms in the power sector were yielding positive results.

He said it was a good sign that the ministry and the relevant departments were cooperating to rectify defects of the last seven decades.

"We promised to the public from day one that low cost environment friendly electricity will be provided to them," he added.

The meeting was briefed about the targets for the next three years in the power sector and on the performance of the sector.

It was told that the receipts of the distribution companies reached 93.26 per cent by December 2024 as a result of the reforms and the campaign against electricity theft.

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