AIRLINK 173.10 Increased By ▲ 2.53 (1.48%)
BOP 11.44 Increased By ▲ 0.26 (2.33%)
CNERGY 8.57 Increased By ▲ 0.16 (1.9%)
CPHL 99.50 Decreased By ▼ -0.23 (-0.23%)
FCCL 46.50 Decreased By ▼ -0.10 (-0.21%)
FFL 15.48 Increased By ▲ 0.33 (2.18%)
FLYNG 27.98 Increased By ▲ 0.43 (1.56%)
HUBC 142.50 Increased By ▲ 4.72 (3.43%)
HUMNL 12.97 Increased By ▲ 0.05 (0.39%)
KEL 4.55 Increased By ▲ 0.01 (0.22%)
KOSM 5.45 Increased By ▲ 0.09 (1.68%)
MLCF 61.85 Decreased By ▼ -0.55 (-0.88%)
OGDC 212.20 Increased By ▲ 0.04 (0.02%)
PACE 5.39 Decreased By ▼ -0.03 (-0.55%)
PAEL 47.11 Decreased By ▼ -0.07 (-0.15%)
PIAHCLA 18.07 Decreased By ▼ -0.41 (-2.22%)
PIBTL 10.87 Increased By ▲ 0.51 (4.92%)
POWER 12.26 Decreased By ▼ -0.07 (-0.57%)
PPL 170.74 Increased By ▲ 1.14 (0.67%)
PRL 35.69 Decreased By ▼ -0.16 (-0.45%)
PTC 23.10 Increased By ▲ 0.01 (0.04%)
SEARL 96.74 Increased By ▲ 0.48 (0.5%)
SSGC 41.35 Increased By ▲ 1.83 (4.63%)
SYM 14.03 Increased By ▲ 0.19 (1.37%)
TELE 7.14 Decreased By ▼ -0.01 (-0.14%)
TPLP 9.98 Decreased By ▼ -0.05 (-0.5%)
TRG 63.90 Increased By ▲ 0.42 (0.66%)
WAVESAPP 10.05 Increased By ▲ 0.06 (0.6%)
WTL 1.33 Increased By ▲ 0.02 (1.53%)
YOUW 3.70 Increased By ▲ 0.04 (1.09%)
BR100 12,447 Increased By 141.8 (1.15%)
BR30 37,791 Increased By 375.9 (1%)
KSE100 116,351 Increased By 1497.4 (1.3%)
KSE30 35,688 Increased By 471.1 (1.34%)

ISLAMABAD: Power Distribution Companies (Discos) are reportedly not only involved in over-billing Pakistani consumers to cover up their losses but now they are also not sparing foreign companies in this regard.

A recent case has been reported by John Coronado, Commercial Counsellor, US embassy in a letter to Chief Executive Officer (CEO), Lahore Electricity Supply Company (LESCO), Ch. Muhammad Amin.

According to Commercial Counsellor, as highlighted by the Assistant U.S. Trade Representative during the U.S.-Pakistan Trade and Investment Framework Agreement inter-sessional meeting in Islamabad on March 7, 2022, a key aspect of the U.S.-Pakistan relationship centres on supporting private sector’s efforts and investments.

He added that the U.S recognizes and values the many promising opportunities for U.S. and Pakistani firms across multiple sectors, including food and beverages, with U.S. companies accounting for significant employment opportunities in Pakistan; and mentioned a case involving U.S. firm Venus USA, LLC (Gainesville, FL) and its attempts to resolve the over-billing at one of its manufacturing facilities in Lahore.

According to the company’s senior management it received multiple over-billed statements from LESCO, spanning more than one year totalling to approximately 18 million electricity units.

Ministry refutes news items about load-shedding

The company has attempted to resolve this over-billing issue with LESCO, and requested a refund for the overpaid amount.

The Commercial Counsellor has sought time from CEO LESCO to discuss this in more detail at his convenience.

The issue of over-billing has been discussed time and again during meetings of Standing Committee of National Assembly and Senate but Discos continue to send inflated bills to consumers, especially in the months of April, May and June each year to cover up their losses and inefficiencies.

Copyright Business Recorder, 2022

Comments

Comments are closed.