The Power Division declared a significant achievement in freezing the circular debt at Rs2.310 trillion as of December 21, 2023, during a meeting of the Senate Standing Committee on Power chaired by Senator Azam Nazeer Tarar.
In a detailed briefing, the Power Division secretary outlined the measures taken to achieve this target, including efficiency improvements in managing the power sector and addressing technical and commercial losses. Additionally, the division reported recovering Rs85.7 billion through an anti-theft drive initiated in August 2023.
The ministry emphasized that addressing circular debt was vital for progress, despite objections from the Election Commission. Measures such as restrictions on staff posting were imposed to control electricity theft.
The committee also discussed various matters, including the awarding of contracts for transmission lines and public petitions related to electricity supply issues. The managing director of NESPAK provided detailed briefings on specific projects, while the Power Division secretary addressed concerns and discussed efforts to resolve them.
Furthermore, discussions were held on recommendations made by the Senate Standing Committee on Commerce and public petitions against the management of K-Electric for illegal disconnections.
Overall, the Power Division asserted its commitment to transparency and efficiency in managing the power sector, aiming to address challenges and ensure reliable electricity supply across the country.
Story by Zafar Bhutta