Hesco, SEPCO Loses RS60B in a year

Islamabad:

An official on Thursday informed the Standing Committee on Power Division that Hyderabad Electric Supply Company (Hesco) and SUKKUR Electric Power Company (SEPCO) suffered a loss of about RS60 billion in one year due to non-recovery and technical problems.

The committee’s 10th meeting was led by Muhammad Idrees. Members reviewed the question of discriminatory strain on Hesco and denial of basic tool rights to Bill-paid consumers, raised by MNA Syed Hussain Tariq.

Tariq clarified that his criticism was aimed at the company’s policies and structural weaknesses, not its CEO or staff. He highlighted the consumer’s situation in Hyderabad’s apartment complexes and areas such as Sadar, where residents pay their bills fully, but still face long -term power breaks.

Several members urged the power department and Hesco to prioritize structural reforms instead of short -term corrections.

The Power Division Secretary informed the committee that Hesco had submitted an investment plan to November 2024 to upgrade feed and strengthen the transmission network. The committee ordered Nepra to be invited to the next meeting to clarify its attitude towards the plan and related regulatory approvals.

The secretary suggested that Hesco revised and submit his plan so that Nepra’s feedback on progress and deficiencies could be presented to the committee. He also proposed to convene a detailed meeting on Hesco and Sepco in his office within 10-12 days, when the flood situation was relieved, with CEOs present. If the progress proved unsatisfactory, he said, a clear report would be required. The committee approved the proposal and ordered Sepco’s CEO to also be called.

The committee also reviewed Jam Nawaz Ali Grid Station Project in District Sanghar. Officials informed that 90% of the work was completed, with only one tower pending NTDC approval. The committee ordered the NTDC to speed up the case so that the grid could be ordered in October as pledged.

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