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Tag: Discos

PIA CEO resigns
Business
  • Web Desk
  • Aug 22, 2024
Privatisation Board approves financial advisors for PIA, Discos, and Roosevelt Hotel

The Privatisation Commission agreed to hire financial advisors to help with privatisation of Pakistan , Discos, and the Roosevelt Hotel.

Punjab electricity subsidy
Pakistan
  • Web Desk
  • Aug 18, 2024
Punjab govt seeks estimates for Rs14 per unit electricity subsidy payments

Provincial government seeks detailed financial estimates from DISCOs by August 19 regarding payment of subsidy immediately

power consumption growth decline
Business
  • Web Desk
  • Aug 14, 2024
Discos’ underperformance adds Rs596 billion to circular debt

NEPRA has expressed concerns over the performance of Discos, highlighting a significant increase in losses amounting to Rs596 billion.

Net metering
Pakistan
  • Web Desk
  • Jun 05, 2024
Is govt abolishing net metering policy? minister clarifies

Owais Laghari expresses regret over spread of false information regarding the abolition of the net metering policy

electricity bill
Pakistan
  • Web Desk
  • Jun 04, 2024
NEPRA restricts electricity bill installments to once a year

NEPRA issues directives to all electricity distribution companies to implement the new amendment immediately

Pakistan power sector FDI
Business
  • Web Desk
  • May 23, 2024
Pakistan’s power sector circular debt soars to Rs2.635 trillion

Pakistan’s power sector circular debt has escalated by Rs325 billion during the initial seven months of the ongoing fiscal year, spanning from July to January 2024.

Mohsin Naqvi
Pakistan
  • Web Desk
  • Apr 15, 2024
Power companies responsible for overbilling: Mohsin Naqvi

Naqvi admitted that electricity tariffs were too high and said that the authorities were acting vigorously against those involved in power theft

DISCOs
Pakistan
  • Web Desk
  • Apr 04, 2024
NEPRA imposes fine of Rs50 million each on DISCOs for violations

Fines were levied on due to load shedding, technical and commercial losses caused by distribution companies

DISCOs
Pakistan
  • Web Desk
  • Mar 25, 2024
Various DISCOs seek Rs1,795 billion from federal govt

These requests, submitted under the multi-year tariff framework, seek to cover expenses such as salaries, benefits, wheeling charges, and other operational costs

no more free electricity for power company employees
Business
  • Web Desk
  • Feb 24, 2024
Nepra warns Discos: fix billing errors or face consequences

This decision comes in response to numerous complaints from across Pakistan regarding excessive and incorrect billing practices by Discos.

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