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Pakistan's power sector lost PKR 258B in 2024–25 due to theft, inefficiency, and rising debt despite subsidies.
Pakistan’s power sector worsened in 2024–25, with distribution companies (DISCOs) recording a combined loss of PKR 258 billion and cumulative deficits reaching PKR 3 trillion, driven by high theft, inefficiency, and poor collections.
Circular debt grew despite over PKR 1 trillion in government subsidies, while power prices surged due to a PKR 3.23 per unit surcharge, deterring investment.
Only four of ten DISCOs turned a profit, with Quetta Electric reporting PKR 113 billion in annual losses.
Transmission constraints and underutilized plants further inflated costs, and consumer complaints exceeded 96,000.
NEPRA warned that decades of reforms have failed to fix systemic flaws, and without structural change, financial strain will continue.
El sector eléctrico de Pakistán perdió PKR 258B en 202425 debido al robo, la ineficiencia y el aumento de la deuda a pesar de los subsidios.