Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

$218m US-funded project: Discos’ earnings up by $400m in five years

byCustoms Today Report
28/08/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The total revenues generated by the power distribution companies’ (Discos) have increased by over $400 million during the last five years (2010-15).

This was revealed at the concluding ceremony of a five-year power distribution programme, funded by the US government.

You might also like

Govt raises jet fuel price by Rs13.23 per litre

11/07/2026

Karachi raises flour prices as new official rates take effect

10/07/2026

Speaking on the occasion, US Mission to Pakistan’s Coordinator for Economic and Development Assistance, Leon Waskin, said that the $218 million project was a part of the US government’s commitment to support Pakistan to improve the energy sector.

Through this programme the Discos saved over 200MW electricity, which is enough to supply power to three million people, he said, adding that the programme trained more than 32,000 energy sector specialists, installed state-of-the-art systems to monitor and control of power flow, improved consumer billing systems, and introduced international best practices.

Waskin further sated that the US government remains committed to working with Pakistan towards a continuous, stable energy supply and a brighter, more prosperous future.

National Electric Power Regulatory Authority Chairman Tariq Saddozai was present at the ceremony to mark completion of the project.

Related Stories

Govt raises jet fuel price by Rs13.23 per litre

byCT Report
11/07/2026

ISLAMABAD: The government has increased the price of jet fuel by Rs13.23 per litre, according to official sources, marking another...

Karachi raises flour prices as new official rates take effect

byCT Report
10/07/2026

KARACHI: The Karachi administration has increased the official wholesale and retail prices of flour across the city, according to a...

Nepra raises electricity tariff by Rs0.34 per unit for consumers across Pakistan, including Karachi

byCT Report
09/07/2026

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a Rs0.34 per unit increase in electricity tariffs for consumers...

Govt keeps gas prices unchanged despite Ogra’s recommendation

byCT Report
07/07/2026

ISLAMABAD: Consumers will not receive lower gas tariffs in FY2026-27 after the federal government decided to retain existing rates despite...

Next Post

SBP’s reserves decrease by $157m to $13.45b

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.