ISLAMABAD: The Power Division has stated that technical losses of distribution companies were Rs56 billion during July-May of the current fiscal year and the only solution to losses is to focus on transmission and distribution system.

A subcommittee meeting of the Senate Standing Committee on Power, presided over by Nauman Wazir Khattak, Thursday expressed dissatisfaction over the performance of the Power Division to prevent unabated theft and line losses in the sector and stated that huge losses incurred by the sector are being charged from consumers.

The committee did not agree to the claim of Power Division about Rs56 billion technical losses during July-May of the current fiscal year and decided to call National Electric Power Regulatory Authority (NEPRA) in the next meeting to check veracity of the figure. However, the Power Division official contended, “There is only one solution to power sector and circular debt and that is to focus on transmission and distribution system; otherwise, the losses will continue to be transferred in the circular debt.”

Published in Business Recorder, 22nd June, 2018

https://epaper.brecorder.com/2018/06/22/22-page/723732-news.html