Summary GENCOs inflicted Rs64.62 billion loss as 9.37 billion units of electricity could not be produced.
ISLAMABAD (Dunya News) - National Electric Power Regulatory Authority (NEPRA) has issued performance reports of production and distribution companies.
NEPRA in its report said that all four power generation companies (GENCOs) remained closed more than their stipulated time thus inflicting Rs64.62 billion loss as 9.37 billion units of electricity could not be produced.
The report said GENCO1, GENCO2 and GENCO3 inflicted Rs 190 million Rs 48 billion and Rs 15 billion loss respectively. The production companies remained on standby mode to an alarming level.
The production companies could not meet up their capacity in 2016-2018 and inflicted Rs4 billion loss to economy.
NEPRA further said that NTDC and K-Electric’s line losses in 2017-18 increased by 525% due to not improving the system.
Last year 74.9 million units could not reach user end and that loss increased to 460 million units this year. The report said NTDC’s losses have increased to Rs 480 million from Rs 410 million.
