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

Distribution firms suffer 18.3pc line losses in current year

byCT Report
28/01/2019
in Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The overall line losses of distribution companies (Discos) in the public sector remained unchanged at 18.3 per cent during the current financial year.

The Sukkur Electric Power Company is the most inefficient distribution firm with 41.3pc line losses this year against 36.7pc of the last financial year.

You might also like

Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds

25/04/2026
FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

3,000 Iran-bound containers stranded at Karachi port as Hormuz tensions disrupt shipping

25/04/2026

The line losses of the Peshawar Electric Supply Company dropped by almost 2pc in a year, but it continues to be the second most inefficient company with line losses of 36.2pc in 2018-19. Its line losses stood at 38.1pc during the last financial year.

The Hyderabad Electric Supply Company came number three as its line losses jumped to 33.6pc in 2018-19 from 29.9pc last fiscal year. Sukkur Electric Power Company found to be the most inefficient. The Quetta Electric Supply Company’s line losses dropped to 21.8pc this year from 22.4pc in 2017-18.

The Multan Electric Power Company’s line losses jumped to 17.5pc this year from 16.6pc the previous financial year.

The line losses of the Lahore Electric Supply Company soared to 14.5pc in 2018-19 as compared to 13.8pc in 2017-18.

The Tribal Electric Supply Company’s line losses went up to 13.3pc this year from the previous year’s 12.5pc.

The line losses of the Gujranwala Electric Power Company jumped to 11.1pc in 2018-19 from 10pc last year. The Faisalabad Electric Supply Company’s line losses dropped to 9.8pc this year from 10.5pc last year.

The Islamabad Electricity Supply Company continues to be the most efficient firm as it reduced its line losses to 7.9pc this year from 9.1pc in 2017-18.

An official said the payment of Rs808 billion circular debt depended on collection from distribution companies based on their recoveries from consumers.

He said steps were being taken to recover outstanding liabilities and an anti-theft campaign had been launched across the country to control losses and improve the recovery position.

Related Stories

Ogra allows Cnergyico to export 40,000 tonnes furnace oil in April as surplus builds

byCT Report
25/04/2026

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has approved export of up to 40,000 metric tonnes of furnace oil for...

FILE PHOTO: Shipping containers are unloaded from ships at a container terminal at the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson

3,000 Iran-bound containers stranded at Karachi port as Hormuz tensions disrupt shipping

byCT Report
25/04/2026

KARACHI: Around 3,000 containers destined for Iran remain stranded at Karachi port as vessels scheduled to collect them have failed...

FPCCI to offer tax reform roadmap to help FBR meet revenue targets

byCT Report
25/04/2026

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry has announced plans to provide strategic guidelines to the Federal...

Pakistan moves to empower women and microenterprises through SMEDA-PIFD partnership

byCT Report
25/04/2026

LAHORE: The Government of Pakistan has reiterated its commitment to strengthening women empowerment and expanding microenterprise development as key drivers...

Next Post
(ARKIV) Chef for PET Jakob Scharf i København, den 27. oktober 2009. JP/Politikens Hus bør ifølge PET straffes med en bøde på 15 millioner kroner, og chefredaktøren bør sendes bag tremmer, efter at Politiken trykte PET-bog. Det skriver Ritzau, søndag den 11. november 2018.. (Foto: Erik Refner/Ritzau Scanpix)

Danish ex-spy boss sentenced for revealing secrets

  • 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.