Tag: power sector

Audit Exposes Rs244 Billion Power Billing Scam Involving Eight DISCOs

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Power-sector

ISLAMABAD: A shocking audit by the Auditor General of Pakistan has uncovered a massive electricity overbilling scandal involving eight power distribution companies (DISCOs), defrauding consumers of Rs244 billion during the 2023–24 fiscal year. The report reveals that Islamabad Electric Supply Company (Iesco), Lahore (Lesco), Hyderabad (Hesco), Multan (Mepco), Peshawar (Pesco), Quetta (Qesco), Sukkur (Sepco), and Tribal Areas Electric Supply Company (Tesco) overbilled consumers to conceal line losses, electricity theft, and operational inefficiencies. In a single month, five of the companies overcharged 278,649 consumers by Rs47.81 billion. Over 900 million extra…

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Centre’s policies stalling Sindh’s energy sector growth: Sharjeel

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Sharjeel-Memon

olds vast untapped resources capable of pulling Pakistan out of its persistent energy crisis, but federal government policies are stalling the province’s energy sector growth. Speaking to the media, Memon emphasised that respecting provincial autonomy and giving Sindh authority proportionate to its resources could spark an energy revolution. He pointed out that over the past six years, 30 million tonnes of coal from Thar had been supplied to IPPs, generating 31 gigawatts of electricity, lighting up over 3 million homes. “Thar coal can fulfil Pakistan’s power needs for decades,” said…

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Jul–Mar power usage down 3.6pc

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power

ISLAMABAD: Pakistan’s electricity consumption has declined by 3.6 per during the first three quarters (July–March) of FY 2024-25 due to variety of reasons, including subdued industrial activity and consumers financial position. According to the Economic Survey 2024-25, during July-March FY 2025, total electricity consumption in Pakistan stood at 80,111 GWh, compared to 83,109 GWh in the corresponding period of FY 2024, reflecting a 3.6 percent decline in electricity usage. This contraction may be attributed to ongoing energy conservation measures, elevated power tariffs, off-grid solar solutions, and subdued industrial activity. The…

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Nepra allows partial claims in response to KE write-off petition

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K electric

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has issued its decision on K-Electric’s write-off petition, allowing partial claims of PKR 50 billion against the company’s claims worth PKR 76 billion pertaining to the Multi-Year Tariff (MYT) control period spanning FY17-23. The power utility company had revised claims of unrecoverable amount of Rs 76.034 billion in receivables spanning seven years (2017–23) from Rs 67.902 billion pertains to the period prior to 2022 by including Rs 8.131 billion additional write-off claims for 2023. According to KE, it is important to highlight…

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Report analyses impact of solar imports on Pakistan’s power sector

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Solar-wind

KARACHI: Renewables First, a think tank on energy and environment, has launched a new report titled ‘Leader of One or Leader of None – China’s Choice for Clean over Coal in Pakistan’, which examines China’s growing paradox in the Global South: acting as both a clean energy powerhouse and a financier of fossil fuels, with Pakistan serving as a pivotal case study. America’s withdrawal from the Paris Agreement threw international climate action into uncertainty, raising questions over who, if anyone, might assume global leadership in the fight against climate change.…

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