AGL 37.89 Decreased By ▼ -0.26 (-0.68%)
AIRLINK 124.10 Increased By ▲ 2.59 (2.13%)
BOP 5.67 Decreased By ▼ -0.18 (-3.08%)
CNERGY 3.75 No Change ▼ 0.00 (0%)
DCL 8.55 Increased By ▲ 0.15 (1.79%)
DFML 40.48 Decreased By ▼ -0.41 (-1%)
DGKC 87.10 Increased By ▲ 2.50 (2.96%)
FCCL 33.98 Increased By ▲ 1.28 (3.91%)
FFBL 66.01 Increased By ▲ 0.51 (0.78%)
FFL 10.20 Increased By ▲ 0.15 (1.49%)
HUBC 104.45 Increased By ▲ 0.65 (0.63%)
HUMNL 13.45 Increased By ▲ 0.20 (1.51%)
KEL 4.78 Increased By ▲ 0.35 (7.9%)
KOSM 6.84 Decreased By ▼ -0.25 (-3.53%)
MLCF 38.84 Increased By ▲ 1.34 (3.57%)
NBP 60.35 Increased By ▲ 0.10 (0.17%)
OGDC 179.65 Increased By ▲ 7.40 (4.3%)
PAEL 24.97 Increased By ▲ 0.17 (0.69%)
PIBTL 5.71 Increased By ▲ 0.01 (0.18%)
PPL 153.00 Increased By ▲ 11.31 (7.98%)
PRL 22.79 Increased By ▲ 0.07 (0.31%)
PTC 14.91 Increased By ▲ 0.17 (1.15%)
SEARL 66.85 Increased By ▲ 2.29 (3.55%)
TELE 7.01 Decreased By ▼ -0.13 (-1.82%)
TOMCL 35.70 Increased By ▲ 0.20 (0.56%)
TPLP 7.32 Increased By ▲ 0.03 (0.41%)
TREET 13.99 Decreased By ▼ -0.21 (-1.48%)
TRG 50.95 Decreased By ▼ -0.80 (-1.55%)
UNITY 26.40 Decreased By ▼ -0.20 (-0.75%)
WTL 1.23 Increased By ▲ 0.01 (0.82%)
BR100 9,717 Increased By 233.5 (2.46%)
BR30 29,237 Increased By 866.2 (3.05%)
KSE100 90,860 Increased By 1893.1 (2.13%)
KSE30 28,458 Increased By 630.4 (2.27%)

The Pakistan Economy Watch (PEW) on Sunday said that electric power transmission and distribution losses are increasing with an amazing speed compromising economic growth. Pakistan is among top ten countries in the electric transmission and distribution (T&D) losses which has become a major threat, it said.
Pakistan lost 24 percent of entire electric production in 2004, in 2010 it was ranked 23rd while in 2011 it jumped to be one of the top 14 countries among a group of 131 nations, said Dr Murtaza Mughal, President PEW.
Now the country has the honour of losing almost 40 percent of the power generated through various sources, he said. On the other hand, he said, Bangladesh T&D losses are at 2 percent, Finland 3 pc, South Korea and Israel 4 pc, China and Zimbabwe 6 pc, UAE and UK 7 pc, and Afghanistan 13 pc.
Dr Murtaza Mughal said that power sector's increasing losses are not possible without collusion between authorities and public including business community.
The burden of this corruption is shifted to honest and law-abiding consumers who pay their own bills every month and face frequent upward tariff revisions, he said.
Reforms are critical in order for the industry to survive which requires an aggressive strategy to punish those involved in power theft and countrywide disconnection for non-payment without discrimination.
Dr Murtaza Mughal said that one percent distribution loss translates into Rs 6 billion annually which is sustained by frequent bailouts and upward revision of the power tariff.
He said that electricity theft is directly proportional to increase in tariff, which is almost a monthly exercise but the faulty strategy of ignoring energy efficiency and reduction in theft will not work for long, he warned.-PR

Copyright Business Recorder, 2013

Comments

Comments are closed.