Govt all set to shift four loss-making Discos to provinces

By: News Desk      Published: 02:25 PM, 25 Jan, 2021
Govt all set to shift four loss-making Discos to provinces

As the electricity distribution companies running huge losses for the federal government, the government is preparing to get rid of four power distribution companies, reported 24NewsHD TV channel on Monday.

The Power Division has prepared a plan to hand over four Discos to the provinces.

Reportedly, the government has decided to hand over Hyderabad and Sukkur Electric Supply Company to Sindh government as yearly losses reached 28.82 percent and 38.69 percent.

On the other hand, Peshawar and Tribal Electric Supply Company will be handed over to Khyber Pakhtunkhwa as yearly losses reach 38.69 percent and 16.19 percent yearly.

Sources claimed Power Division has decided to take the matters in Council of Common Interests (CCI) as electricity theft, distribution and non-payment of bills are some of the issues with these Discos.