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Govt starts process of raising power tariff to generate Rs1tr revenue - Newspaper

The government has started the process of increasing electricity tariffs to generate more than Rs1 trillion additional revenue for distribution companies. AFP/File ISLAMABAD: The government has started the process of increasing electricity tariffs to generate more than Rs1 trillion additional revenue for distribution companies of ex-Wapda to meet their revenue requirements for the fiscal year 2020-21. The increases are being sought on account of annual adjustments, indexations of distribution margins for FY2020-21 and some prior-year adjustments in line with agreements reached with international lending agencies. As part of the process, the National Electric Power Regulatory Authority (Nepra) on Thursday conducted a public hearing on the tariff increase petitions of three major distribution companies (Discos) from Faisalabad, Lahore and Islamabad. The hearing on petitions of other Discos would follow over the next few weeks.

Iesco detects over 4,000 suspicious meters in Feb

Iesco detects over 4,000 suspicious meters in Feb Islamabad March 15, 2021 Islamabad : Islamabad Electric Supply Company (Iesco) has detected 4,267 suspicious meters in all five circles of the company during February and charged 2.6 million units on account of power pilferage besides imposing fine of Rs47.425 million. Sharing the details, Chief Executive Officer Iesco Ch. Abdul Razaq told this agency that the Iesco’s teams checked 79,155 meters of different tariffs during the said period. Out of total, 4,267 meters were found slow, 9 tempered, 8 with holes while 103 were getting direct electricity. “Based on slow meter and power theft approximately 2.6 million units were charged and imposed Rs47.425 million fine on the customers,” he said.

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