8:49 am - Sunday December 28, 2014

Sukkur Electric Power Company suffers Rs6.71bn loss

M.A Baloch

SUKKUR: Sukkur Electric Power Company (Sepco) suffered a loss of Rs6.71 billion in 2010-11, National Assembly committee on water and power was informed on Friday.

Officials told members of the committee that Sepco’s transmission and distribution losses have risen to 41 percent.

The cities which come under the jurisdiction of Sepco include Larkana where T&D losses stood at 41 percent, Sukkar 34.05 percent and Dadu 45 percent.

The officials said that the company sold electricity valuing Rs19.30 billion.

Officials of Hyderabad Electricity Supply Company (Hesco) said during the meeting that it is facing 30 percent losses. They also said that many Sindh government departments are not paying the dues of Hesco, which now have swelled to over Rs20 billion.

They said that the recovery of dues from the private sector stands at 88.2 percent and from official departments at a paltry 31 percent.

Ministry of Water and Power officials said the power distribution companies have failed to reduce line losses to 16.5 percent. Their average line losses in 2010-11 stood at 19.5 percent. Under the head of incompetence in recovery of late payment surcharge, they suffered a loss of Rs26 billion.

Likewise, the electric power distribution companies, he said, sustained a loss of Rs65 billion in last fiscal year as they suffered a 20 percent deficit in collecting the electricity bills. “If Re1 is the bill, only 80 paisas are recovered.”

The official said that in Sindh about 228 villages have been getting electricity for free for many years.

Under the head of free electricity to employees of Wapda, Pepco, generation and distribution companies, the country suffered a loss of Rs25 billion in one year which is recovered from other electricity consumers.

 

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