All Discos to be privatised, says energy minister

Published July 5, 2024 Updated July 5, 2024 09:58am

ISLAMABAD: Federal Minister for Power Awais Ahmed Khan Leghari on Thursday said that all power distribution companies (Discos) would be privatised in one and a half years.

“There were flaws in the distribution companies, and we are committed to fixing the system to provide relief to consumers,” the minister told a private television channel. “We had to face Rs600 billion losses due to distribution companies,” he added.

In reply to a question about the tariff categories, he said lifeline customers would pay Rs7.65 and protected customers Rs20.48 from July 1. The consumers who are falling in the third category are liable to pay Rs42 per unit, he said, adding that fourth and fifth category customers, using 300 to 700 units and above, would pay a little higher rates.

Published in Dawn, July 5th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Political prerogative
Updated 07 Jul, 2024

Political prerogative

It should be left to parliament to decide how the country must proceed on the matter.
Pezeshkian’s test
07 Jul, 2024

Pezeshkian’s test

THE list of challenges, both domestic and foreign, before Iranian president-elect Masoud Pezeshkian is a long and...
Amending SOE law
07 Jul, 2024

Amending SOE law

IN Pakistan, reforms move slowly, particularly when powerful lobbies are involved. The reform of state-owned...
Gagging social media
Updated 06 Jul, 2024

Gagging social media

IT is hoped that better sense prevails and the prime minister turns down the Punjab government’s troubling...
Ballooning bills
06 Jul, 2024

Ballooning bills

A SECOND cycle of nationwide protests and agitation against the ballooning price of electricity will start soon. On...
Labour’s landslide
06 Jul, 2024

Labour’s landslide

Since the conflict in Gaza intensified, Tory rule has been marked by divisiveness, discrimination and bigotry.