PRIME Institute has arranged an event in Islamabad Hotel on the release of its report ‘State Owned Electricity Distribution Companies: A performance Review’ which was lead by its Executive Director, Ali Salman and the research team: Tuaha Adil and Sarah Javaid
The incompetency of state owned electricity DISCOs have accumulated to a whacking loss of Rs 1.35 trillion further contributing to circular debt over 5 years. (2016-2020)
Research Economist Tuaha Adil, at PRIME; Policy Research Institute at Market Economy, finds out how the incompetence of state driven distribution companies have lead to 680 fatalities in DISCOs territory over 5 years, under-utilization of generation capacity following power outages, growing trade deficits, 1.2 million pending connection applications due to inefficient regulation by NEPRA, Rs 195 billion of accrued losses bred by poor T&D performance, and continuous Government’s bail outs.
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