Rs2bn power theft loss in Railways every year, says minister

Published December 29, 2021
In this file photo, Minister for Railways Azam Khan Swati speaks to the media in Lahore. — PID
In this file photo, Minister for Railways Azam Khan Swati speaks to the media in Lahore. — PID

ISLAMABAD: Railways Minister Azam Khan Swati on Tuesday informed a Senate committee that Pakistan Railways (PR) has been suffering a loss of Rs2 billion annually due to electricity theft.

He told a meeting of the Senate Standing Committee on Railways presided over by Mohammad Qasim at the Parliament House that electricity was being stolen in connivance with officials of the Water and Power Development Authority and it could be stopped only by installing over 54,000 electricity meters.

The meeting discussed the proposed Public Sector Development Programme (PSDP) and future strategies of Pakistan Railways.

Deputy Chairman of the Senate Mirza Mohammad Afridi, Senators Dost Mohammad Khan and Mushahid Hussain Sayed, senior officers of the railways ministry and other officials also attended the meeting.

The committee ratified Senator Faisal Saleem Reh­man as member of the Rai­lway Advisory Committee.

Mr Afridi urged the railways ministry to launch fast passenger and freight trains as there was a cargo business worth billions in the country and if Pakistan Railways could get 30 per cent of it the financial position of the organisation would change.

While reviewing details of the PSDP’s tentative allocation of Rs35 billion for 2022-23, Mr Swati informed the meeting of the strides Pakistan Railways had taken in the past 10 months.

The minister urged the committee to fully support the PSDP package so that the railways could be revived. He said that if the provinces played their part, the sector could be revolutionised, spreading business and trade opportunities far and wide.

He said the Taftan-Quetta track would be restored if the Balochistan government gave Rs15bn out of Rs600bn and the federal government would bear the remaining amount which will help development of the province also.

Mr Swati said Pakistan Railways had started a freight train service to connect Islamabad with Tehran and Istanbul and also planned to start a passenger train on this route.

He said the Khyber Pakhtunkhwa government was restoring the old track from Peshawar to Torkham.

The minister told the committee that Pakistan Railways was controlled by the mafia and tenders for more than 1,500 trains were awarded to one man.

He informed the committee of plans to develop the Afghan-Pakistan transit trade route.

He said that tourism would be enhanced if historical railway routes and stations were revived.

Mr Swati invited the members of the Senate and the National Assembly committees to visit the railway stations and give suggestions for building hotels, hostels or markets.

He informed the committee that once completed the Rs220bn Karachi Circular Railway project would revolutionise commuting in the metropolis. He said the seed money had been arranged for its completion in 36 months.

The minister said Pakistan Railways would dynamically pursue the expansion of routes and take these beyond borders. It planned to develop the Chaman-Kandahar route and the Havelian-Kashgar route to promote international trade.

The committee lauded the efforts of the ministry despite lack of funds and assured it of its complete support.

Published in Dawn, December 29th, 2021

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

Opinion

Editorial

First steps
Updated 29 May, 2024

First steps

One hopes that this small change will pave the way for bigger things.
Rafah inferno
29 May, 2024

Rafah inferno

THE level of barbarity witnessed in Sunday’s Israeli air strike targeting a refugee camp in Rafah is shocking even...
On a whim
29 May, 2024

On a whim

THE sudden declaration of May 28 as a public holiday to observe Youm-i-Takbeer — the anniversary of Pakistan’s...
Afghan puzzle
Updated 28 May, 2024

Afghan puzzle

Unless these elements are neutralised, it will not be possible to have the upper hand over terrorist groups.
Attacking minorities
28 May, 2024

Attacking minorities

Mobs turn into executioners due to the authorities’ helplessness before these elements.
Persistent scourge
Updated 29 May, 2024

Persistent scourge

THE challenge of polio in Pakistan has reached a new nadir, drawing grave concerns from the Technical Advisory Group...