The nine electricity distribution companies (Discos) suffered line and administrative losses of 16.277 billion units during 2013-14, which are 1.172bn more than the previous (2012-13) year, and cost national economy a staggering financial loss of Rs211 billion.
According to the sectoral data complied by Pakistan Electric Power Company (Pepco), all these nine distribution companies received 87.332bn but billed 71.055bn units — a straight loss of 16.277 billion units.
Previous year (2012-13), they had received 80.091bn units and billed 64.985bn units, with a loss of 15.105bn units.
If calculated at the rate of Rs12.98 per unit — purchase price for these distributions companies — the loss this year rose to Rs211bn this year from Rs196.01bn last year. If calculated at sale price of Rs14.70 per unit, the loss could rise up to Rs239.270bn on this head alone.