Recover Rs532bln from electricity consumers
PAC DIRECTS ENERGY MINISTRY
From wasim Kambo
ISLAMABAD: The Public Accounts Committee of the Parliament, yesterday, directed the Ministry of Energy to accelerate its efforts to resolve the matter of a huge amount worth Rs.532.671 billion within one month in line of recoveries from various energy consumers and irregularities in different affairs. Secretary Ministry of Energy Naseem Khokhar requested the PAC to grant one month time to resolve the matter irregularities and recovery, which was accepted by the body. The PAC met here under the chairmanship of Syed Khursheed Shah and attended by other members including Sherry Rehman, Javed Ikhlas, Azam Khan Sawati, Abdul Rashid Godil, Mehmood Khan Achakzai, Dr. Azra Fazal Pechuho, Shahida Akhtar Ali and Sahabzada Nazir Sultan, During meeting, the audit report of the ministry revealed loss of billion of rupees due to non recovery from electricity consumers and irregularities in different affairs of the electricity distribution companies. The audit stated that Rs 227.246 billions of companies including FESCO, HESCO, IESCO, LESCO, MEPCO, PESCO, QESCO, SEPCO and TESCO were recoverable from energy defaulters government and private entities. Likewise, 427,590 consumers of all categories including government departments and AJK were defaulter of an amount of Rs.143.922 billion. The loss was occurred due to non removal of electrical equipment and non recovery of arrears. The recoverable amount of tariff differential and agriculture subsidy from federal and provincial governments was Rs.52.735 billion. Non recovery of long outstanding dues was recurring loss to the companies which was required to be recovered to enable them to overcome their financial crises. The power companies including LESCO, MEPCO, PESCO and SEPCO had suffered a loss of Rs.17.28 billion due to line losses beyond NEPRA targets. The management replied that high losses in the feeders were happened due to date of reading cycle, non allotment of coding to feeders, shifting of units on self generation and dual source of supply. Similarly, Federal Board of Revenue (FBR) was defaulter of HESCO, LESCO and MEPCO for Rs.11.194 billion in line of non recovery of GST. Different departments and consumers were defaulter of nine companies worth Rs.3.40 billion on account of slowness, tempering in meters and pending units etc. The PAC directed the ministry to accelerate its efforts for recovery of the huge amount and pended the relevant audit paras.