Senate panel slams independent power producers

Published
0
Senator Saifullah Abro presides over a meeting of the Senate Standing Committee on Power at Parliament House Islamabad on Monday. — Senate website
Senator Saifullah Abro presides over a meeting of the Senate Standing Committee on Power at Parliament House Islamabad on Monday. — Senate website

ISLAMABAD: The Senate Standing Committee on Power on Monday joined public criticism of the “unprecedented electric bills” and directed the Power Division to provide lists of electricity defaulters and outstanding dues to all the distribution companies (Discos).

The meeting of the panel presided over by Senator Saifullah Abro discussed the unprecedented electric bills that have led to nationwide protests. On queries, the Power Division officials reported that capacity payment to independent power producers (IPPs) in the current financial year stood at Rs1.3 trillion and dollar-to-rupee conversion rate, imported prices of coal, and RLNG and Kibor were the major factors determining the capacity payments.

On another question, the official said the cost of electricity theft was around Rs467bn while the government had allocated Rs976bn for electricity subsidy for the current year budget.

Mr Abro criticised the role of IPPs and said they were the primary reason behind the unjustified electricity costs. He pointed out that IPPs had inflated the invoices of three significant power plants and unless the IPPs issue was resolved, the electricity crisis could not be effectively tackled.

Published in Dawn, August 29th, 2023

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

Opinion

Editorial

Expanding conflict
31 Jul, 2026

Expanding conflict

WITH neither of the belligerents willing to back down, and the theatre of conflict expanding geographically, the...
Spoils and spats
31 Jul, 2026

Spoils and spats

A FIGHT over assembly seats in Azad Jammu and Kashmir has laid bare what seem to be some deep resentments between ...
Unfair tax system
31 Jul, 2026

Unfair tax system

THE disclosure that the FBR collected nearly Rs1.9tr in sales and income taxes through electricity bills over the...
Debt that stays
30 Jul, 2026

Debt that stays

THE power sector’s circular debt grew by Rs61bn in the last fiscal year, taking the total to roughly Rs1.67tr from...
HIV warning
30 Jul, 2026

HIV warning

THE HIV infections detected around two SESSI-run hospitals in Karachi demand far more than another hurried committee...
End trafficking
30 Jul, 2026

End trafficking

MODERN slavery, in the form of human trafficking, is among the state’s gravest failures. Scores of Pakistanis are...