Provinces are likely to receive DISCOs from the government
ISLAMABAD: The caretaker federal government has made the decision to abolish the current energy sales and distribution system. Caretaker Prime Minister Anwaarul Haq Kakar has given his approval to presenting a summary to the federal cabinet in order to transfer power distribution companies (DISCOs) to the provinces.
If this decision is put into action, there won’t be a single price for all power users in the nation because the provinces will choose their own electricity rates and consumer subsidies. Both the Sukkur Electric Supply Company (Sepco) and the Hyderabad Electric Supply Company (Hesco), according to official papers, would be owned by the Sindh government.
While the Islamabad Capital Territory (ICT) and Punjab will jointly own the Islamabad Electric Supply Company (IESCO), the DISCO that provides power to the federal capital, the Quetta Electric Supply Company (Qesco) will be operated by the Balochistan government.
There will be a transfer of control to Punjab of four DISCOs: the Lahore Electric Supply Company (Lesco), the Gujranwala Electric Supply Company (Gepco), the Faisalabad Electric Supply Company (Fesco), and the Multan Electric Supply Company (Mepco).
The Peshawar Electric Supply Company (Pesco) and the Tribal Areas Electric Supply Company (Tesco) will be owned by Khyber Pakhtunkhwa (K-P). The provinces will receive distribution businesses within a specified policy framework. The national treasury is unable to support the load because of electricity theft and non-receipts, according to the document.
Published in EDP BLOGS on August 22,2023.
