Discos in pakistan stands for Whereas the share of industry, agriculture and commercial sectors stands at 29%, 8% and 8% respectively. pk Wide Variety of microphone stand. What does DISCO stand for? Dec 5, 2023 · Rizwan Tabassum—AFP. Three Gorges Second Wind Farm Pakistan Limited: 81: Three Gorges Third Wind Farm Pakistan (Private) Limited: 82: TNB Liberty Power Ltd. Jan 4, 2024 · Not a single DISCO turned a profit in fiscal year 2022. (GDP) and represents 6. The word “Pak” means “pure” in Persian and Pashto, while the suffix “-stan” means “land” or “place … What does the word Pakistan stands for? Read More » Aug 22, 2023 · Pakistan Govt likely to handover DISCOs to provinces. National Electric Power Regulatory Authority (Nepra) has sounded the alarm on dire state of power sector in its State of Industry Report 2023. They are part of Pakistan Electric Power Company and operate independently. facebook Aug 8, 2023 · Pakistan stands at the forefront of a climate crisis, grappling with rising temperatures, melting glaciers, and economic challenges. Tel: +92 42 36367580 | Fax : +92 42 36367005 <Ref: DISCOs & KEL> 2 Licenses Customers Public Sector DISCOs 10 26,996,545 Private Sector DISCO 1 2,583,435 Small & Captive Power Producers 12 26,833 Total 23 29,606,813 Private Sector DISCO include K-Electric. While significant challenges remain, the outlined conditions and phased approach offer a structured path towards achieving this goal. Though fossil fuels dominate Pakistan’s mix too, i t consists of a fair share of hydel energy (~8%). It outlines 13 sections that delegate various financial and administrative powers to DISCO executives. Management contract: For the DISCOs selected for Management Contracts, the Aug 20, 2024 · In a significant step towards reforming the country’s energy sector, Pakistan has finalised the initial issues related to the privatisation of electricity distribution companies (Discos). Pension budget stands at over 6 times the shares for environment, housing, health, education DisCO is a brand, but used as a cultural hack. 66 per unit in the billing month of January 2024 for electricity consumed in November. THE POWER SECTOR OF PAKISTAN The power sector of Pakistan can be divided into three sectors i. All the DISCOs are responsible for supplying electricity in Jan 4, 2021 · Pakistan has reached a cumulative capacity of 148 MW through net-metering connectivity provided by electricity distribution companies to connect solar-based power producers to the national grid. Transmission network includes 17,351 KMs long lines, including K-Electric network, operating at 500kV and 220 kV level. Agreement2 (Schedule-I) is at Annex II. However, IESCO is the best and most efficient among the DISCOs as its losses stand at 8. 4 Agreement If the DISCO office is satisfied that the applicant qualifies as a DG, then the DISCO and the applicant will enter into agreement. All Hydroelectric Generating Stations owned and operated by WAPDA Feb 28, 2024 · Pakistan to Implement Turkish Model for DISCOs Management, Eyeing Efficiency and Investment February 28, 2024 February 28, 2024 Admin In Islamabad, Pakistan is set to emulate the successful Turkish model by outsourcing the management of its power distribution companies (DISCOs) in a bid to curtail losses, enhance efficiency, and attract investment. is technically infeasible, the DISCO will return the application and communicate the reason to the applicant. Privatization Commission Board unanimously decided that in the first phase Dec 12, 2024 · Decision comes a day after Nepra spoke about the poor performance shown by Discos in 2023-24. We see “branding” as just one example of a process that was once the exclusive domain of big business (ie. 5pc. Hyderabad had an Area Electricity Board (AEB) as one of the eight AEBs constituted through amendments in WAPDA Act during 1981. It means “place of the pure” in Urdu and Persian. rooftop solar PV systems. Process for Discos' privatisation begins: Tarar. 5 Agreement If the DISCO office is satisfied that the applicant qualifies as a DG, then the DISCO and the applicant will enter into an agreement. , 2017). Dec 20, 2023 · In a petition, the CPPA acting as commercial agent of the Discos demanded an additional FCA of Rs4. PEPCO is responsible for the management of all the affairs of Corporatized DISCOs, GENCOs and NTDC. The residential sector is the largest electricity consumer in Pakistan accounting for 45% of total share in electricity consumption. 18 percent. Established in 1913 under the Indian Companies Act of 1882 during the British colonial epoch, the Karachi Electric Supply Corporation (KESC) — now known as K-Electric — holds the Power DISCOs | Snapshot Pakistan | DISCOs 23 licensed Power DISCOs operating in Pakistan 10 Public DISCOs and K-Electric serve almost entire customer base. Jan 13, 2018 · Wapda History. Governmental » Military. A report at the start of the year on the subject of State-Owned-Enterprises (SOEs) exposes the shocking truth that Pakistan’s 31 SOEs across eight sectors have collectively suffered a staggering loss of Rs 730 billion in the fiscal year 2022 alone. If the DISCO office is satisfied that the applicant qualifies as a DG, then the DISCO and the applicant will enter into agreement. Sep 3, 2024 · Central to the discussions was Ayaz Sadiq, Speaker of the National Assembly, who emphasized the critical nature of power tariffs—a global concern affecting nations in all parts of the world. What does Pakistan stand for? Pakistan’s name has two meanings. Intermediate-level academic education is necessary to understand the fundamentals of the subjects that you will be required to study during your undergraduate and post-graduate education (higher studies). DMU . Aug 19, 2024 · Earlier, the Auditor General of Pakistan’s audit report for 2023-24 revealed that the power companies caused over Rs196 billion to the national exchequer in one year. e. Jun 21, 2024 · The federal government of Pakistan has outlined ambitious targets for Distribution Companies (DISCOs) to expand electricity connections by over 1. Consumer Services Centers/One Window Operation shall operate round the clock. Rate it: DISCO: Division Information Systems Control Officer. Among them, K-Electric stands out as the most renowned, and deservedly so. 26,460 per month. The Express Tribune reported that the Power Division officials, during a Senate Standing Committee on Privatisation meeting, revealed that the World Bank outlined at least nine conditions Aug 20, 2024 · Moreover, advertisements have also been launched in international media on August 17. Pakistan’s transmission infrastructure is barely adequate to serve the expected load in 2018 and losses This document contains a summary of the Book of Financial Powers for Distribution Companies (DISCOs) in Pakistan. 490 billion respectively for FY2023-24. 85: Uch-II Power (Pvt. 21,996, while those getting free 700 units would be paid Rs. READ: DISCOs incurred over THE government has shelved its plan to privatize the loss-making power distribution companies (Discos) or hand them over to the provinces and has come up with the idea of striking concession contracts for leasing them out for 30 years. For decades, Pakistan’s power distribution network has been dominated by government-owned DISCOs. Feb 11, 2019 · tariff and taxation regime in Pakistan, the commercial segment of the market stands to benefit the most from generating electricity on-site, at a lower cost than grid-supplied power in many cases. 6 trillion mainly because of low recovery and high transmission and distribution losses that stand at about 38 per cent for Pesco, 36pc and Jun 1, 2024 · Pakistan's power distribution utilities (DISCOs) face significant challenges, including outdated infrastructure, theft, and financial constraints, leading to inefficiencies and higher costs. The move signals a potential shake-up in leadership, demonstrating the government’s proactive approach to driving positive change within the sector. Additionally, NEPRA in its determinations assumes the 100% recoveries by DISCOs against the billed amount to consumers. COMPANY INCORPORATION. The power wing has further been split into Generation Companies (GNECOs), National Transmission & Dispatch Company (NTDC) and Distribution Companies (DISCOs). The Tribal Electric Supply Company stands out as an exception, having achieved profitability from fiscal years 2019 to 2021. Aug 17, 2023 · On the very day that the new caretaker cabinet took oath, the PM made this a top-priority issue. II. All Rights Reserved. The time for half-measures and political posturing is over. Sep 6, 2022 · The power distribution companies (DISCOS) paid capacity payments of Rs. The country’s name was constructed as an acronym in the 1930s, referring to the area’s constituent cultures: P unjabi + A fghani + K ashmiri + S indhi + Balochis tan (and an extra i thrown in to aid Jul 28, 2024 · Issues related to the privatization of DISCOs and other institutions including PIA came under discussion in this meeting. Circular debt is the net unfunded outstanding liability position of the power distribution companies (DISCOs) to the Central Power Purchasing Authority-Guarantee (CPPA-G), which further cascade into delayed settlement of payment obligations by the CPPA-G to the power Pakistan | DISCOs Units Consumed (GWh) FY15: 84,936 FY11: 76,285 Power DISCOs | Snapshot. from generators and selling to DISCOs DISCOs construct, maintain secondary transmission network (i-e 132,66 kV transmission lines & 132/11 kV grid stations) and 11/0. Jun 1, 2024 · DISCO efficiency improvements can directly impact Pakistan's manufacturing, IT, and services sectors by mitigating power outage disruptions, reducing operational costs, and increasing output (Qazi and Jahanzaib, 2018; Qazi et al. 3. Academic & Science » Astronomy. Commonly called the circular debt, these accumulated arrears amounted to about four percent of GDP in FY12/13. In reality, the recoveries by DISCOs are lower. Except for IESCO, in all DISCOs, either Government of Pakistan or WAPDA is a 100 percent shareholder. High losses and poor collection efficiency for supplied electricity drive these Aug 21, 2024 · The first phase of privatization will target Islamabad Electric Supply Company (Iesco), Faisalabad Electric Supply Company (Fesco) and Gujranwala Electric Power Company (Gepco). ) Limited: 86: UEP Wind Power (Pvt)Ltd: 87: WAPDA Hydel: 88: Yunus Energy Limited: 89: Zephyr Power (Pvt History . It says that the prime minister has approved a plan to privatise Discos, starting with the Islamabad Electric Supply Company (Iesco), Faisalabad Electric Supply Company (Fesco), and Gujranwala Electric Power Company (Gepco) in the first phase. Community » Educational. Distribution companies (DISCOs) are companies under Pakistan Electric Power Company (PEPCO) responsible for distribution of electricity in their respective allocated areas. Nepra stresses that accountability measures Sep 4, 2024 · ISLAMABAD: Energy experts are advocating for privatisation as a crucial step in reforming Pakistan's electricity distribution companies (DISCOs). 4 DEFINITIONS DISCO (DISCO to insert its name) operating in pursuance of the distribution license granted electricity distribution companies (Discos). Efforts shall be made to improve DISCO (DISCO to insert its name)-Consumer relationship and the consumer's awareness about utility's programs! activities/services. Aug 1, 2024 · Pakistan. Prepares a policy framework to end existing system of electricity distribution and sale Dec 15, 2024 · Most Discos in Pakistan are running significant financial deficits, with nearly all reporting losses in FY23. Dec 13, 2024 · Pakistan's DISCOs caused Rs660 billion loss in 2023-24, highlighting inefficiencies and power pilferage issues. © 2017 Step Robotics. The net-metering program impacts Pakistan’s power sector stakeholders in different ways: • DISCO customers subscribed to net metering stand to benefit from the program by replacing relatively high-priced electricity from the grid with inexpensive renewable power and In its defined role, PEPCO is responsible for assisting the Power Division, Ministry of Energy, Government of Pakistan in effectively monitoring and oversight of the Distribution Companies (DISCOs) in the following areas: § Performance Monitoring according to specified Key Performance Indicators (KPIs). 2. 5b in First Half of FY 2024-25. Mar 24, 2021 · ISLAMABAD: The World Bank has proposed ‘Pakistan Model’ to hand over Distribution Companies (Discos) to the private sector for 20 years with equity injection of Rs 728 billion without any cash Dec 26, 2022 · ISLAMABAD: DISCOs (distribution companies) in the power sector have been a constant source of worries for successive governments in Pakistan. NEPRA | Home Feb 3, 2024 · DISCOs’ failure to provide new connections as per the Pakistan Standards for Distribution Rights 2005 has led to a substantial backlog of connections. , 18, 2019 121 V. Name of . Agreement form (Schedule-I) is attached at annex II. 5tr,”Dawn, 4 April 2024 “Pakistan Development Update April 2024: Fiscal Impact of the Federal State Owned Enterprises,” The World Bank, 4 February Jun 21, 2024 · ISLAMABAD: The government on Thursday again sacked the boards of nine power distribution companies (DISCOs) due to their roles in the colossal losses of Rs589 billion in this fiscal year and also Pakistan - Shop for Best Online at Daraz. Moreover, Pakistan has lately been relying on imported LNG for meeting its energy demand whose share has increased to a prominent 11% in total fuel mix of the PART II] THE GAZETTE OF PAKISTAN, EXTRA. Nov 10, 2024 · Facing relentless electricity price hikes and heavy bills, Pakistani consumers have increasingly turned to solar power, leading to a 17% drop in grid power demand and sparking a revenue shortfall Sep 20, 2023 · According to the National Electric Power Regulatory Authority’s (NEPRA) State of Industry Report for 2022, serving and retired employees of power distribution companies (DISCOs), generation companies, the National Transmission & Despatch Company (NTDC), and the Water and Power Development Authority (WAPDA) are entitled to free electricity units. Sep 19, 2023 · Despite massive increase in tariffs, the circular debt stock of Pakistan’s power sector increased to Rs2. 2 definitions of DISCO. (PEPCO) was created in 1998 and assigned with the task to unbundle WAPDA into 8 DISCOs then, 4 GENCOs and NTDC. 268 billion to Independent Power Producers (IPPs) during the last quarter of 2021-22. In this section, we analyze the installed capacity of distributed generation category wise. Is this surprising? Not particularly. The low-cost and uninterrupted power supply (solar) is taking compliant consumers away from DISCOs (NEPRA, 2020). 459 million, and Rs 44. These entities struggling with high transmission and Dec 5, 2023 · Statement comes after Nepra accuses distribution companies across Pakistan of fleecing customers and overcharging them as much as 100pc. There are ten DISCOs in Pakistan excluding K-Electric. This important meeting was attended by Special Assistant to PM on Power Tabish Gohar, Chairman NEPRA, Federal Secretary Privatisation, Special Secretary Power Pakistan Electric Power Company (Urdu: پاکستان الیکٹرک پاور کمپنی), colloquially known as PEPCO, is a holding company that monitor's and coordinates Pakistan's Distribution Companies (DISCOs) and used to operate as a division of the Ministry of Water and Power (Pakistan). Definition of DISCO in Business & Finance. Close. F Confirmation of agreement The DISCO office will send the copy of the agreement between the applicant and the DISCO to the NEPRA Nov 19, 2024 · ISLAMABAD: The World Bank has proposed the transfer of ownership of 10 power distribution companies (DISCOs) in the name of the president of Pakistan before their auction, as the government's sell Feb 25, 2023 · The federal government has proposed an ambitious roadmap for transferring 10 power distribution companies (DISCOs) to provinces, as it fears that power sector’s circular debt may jump to Rs3 Dec 6, 2023 · ISLAMABAD: Pakistan has ended free electricity units for the DISCOs and GENCOs, WAPDA and NTDC officers, effective from December 1, ARY News reported on Wednesday. The other two, Qesco and Tesco, are considered to have significant risks to Jul 28, 2024 · The board unanimously agreed to begin the privatisation of three DISCOs and to hire financial advisers for the process, with all legal matters expected to be completed by January 2025. 7 per unit increase in tariffs for November By Ahmad Ahmadani In a development poised to jolt consumers, all power distribution companies (DISCOs) — with the exception of K-Electric — have requested a significant increase of Rs 4. 25 per unit from the consumers, as the regulator was informed that the electricity drawl during the first quarter of ongoing fiscal has declined by 9. CRSTE VRSTE Apr 3, 2024 · As Pakistan stands at a crossroads, the imperative for decisive action cannot be overstated. Great Prices, Even Better Service. Jul 27, 2024 · The Privatization Commission Board, chaired by Federal Minister for Board of Investment, Communications, and Privatization Abdul Aleem Khan, has approved the privatization of several state-owned Supply by DISCOs) Rules, 2023. Pakistan's exports surged to $16. 5 Generation license 1 day ago · Electricity distribution companies (DISCOs) are adding over Rs. Agreement form (Schedule-I) is added in the annexure. Mar 16, 2024 · Under the MYT regime, NEPRA has meticulously assessed the revenue requirements of each Disco for the control period, with IESCO, LESCO, and FESCO needing Rs 39. Rate it: DISCO: Domestic International Satellite Consolidation Order. If this trend continues, it will be another big challenge for the cash-starved DISCOs. . MQM was informed about steps being taken to address electricity bills issue. These include powers related to project approval and oversight, procurement, contingent expenditures, personnel matters, and more. Central Power Purchasing Agency (Guarantee) Limited (CPPA-G) is a company incorporated under the Companies Ordinance 1984 (XLVII of 1984) and granted a Corporate Universal Identification No. Going into these fields is highly privileged within Pakistan and also across the globe. DISCO: Downs Industry Schools Co Op. WAPDA (Pakistan Water & Power Development Authority) was founded through the Parliament Act in 1958. efficiency and transform gradually into a competitive market. 600 billion annually to the country’s circular debt, which now stands at Rs. DISCO stands for Distribution Company (Pakistan) Suggest new definition This definition appears very frequently and is found in the following Acronym Finder categories: Jun 10, 2024 · Pakistan should strive to advance and transition towards empowering consumers through distributed generation — off-grid and on-grid. A detailed meeting regarding solution of the loss making electricity distribution Companies DISCOS was held today under the chairmanship of Minister for Privatisation Mohammedmian Soomro. Address NEPRA Tower G-5/1, Islamabad, Pakistan Email [email protected] Phone +92 51 2013200 energy demand for future years of Pakistan’s power sector. 6617 per kilowatt hour (kWh) in the electricity tariff DISCO will return the application and communicate the reason to the applicant. Jul 19, 2024 · NEPRA requires DISCOs to seek approval for their annual revenue requirement in the format prescribed in Tariff Guidelines, which consists of three components: power purchase costs (capacity and energy from the system upstream); distribution margin (return of and on its rate base and other operating expenses by a DISCO); and prior year adjustment (FYA) to true-up any revenue shortfall/surplus • Pakistan’s energy mix is diversified in comparison to global mix of fuels. A new framework proposes a strategy for operational enhancement and sector reforms, focusing on modernizing management, increasing capacity, improving Nov 15, 2023 · ISLAMABAD-The National Electric Power Regulatory Authority (NEPRA) has hinted at allowing the power distribution companies (DISCOs) and K-Electric to charge an additional Rs1. Past administrations, including those of civilian and military dictator Musharraf, have emphasized the importance of privatisation in public statements and Letters of Intent submitted to the International Monetary Fund (IMF). The other two, Qesco and Tesco, are considered to have significant risks to Sep 24, 2022 · What is CTBCM? The market structure followed in Pakistan has been a single-buyer model in which CPPA (as a single-buyer) purchases electricity on behalf of ex-WAPDA distribution companies (DISCOs). Generation The total installed generation capacity of Pakistan is 38,719MW which comprises both renewable and Jul 28, 2024 · The board unanimously agreed to begin the privatisation of three DISCOs and to hire financial advisers for the process, with all legal matters expected to be completed by January 2025. 51% against the billed amount, hence incurring a loss of Rs 230 billion. A. In episode 10 of “Inflection Point,” in an interview with Talha Tufail Bhatti, we examine the impacts of climate change on the nation’s agriculture, economy, and people, alongside the government’s response. The minister has tasked PPMC with comprehensively evaluating Disco’s Board of Directors. They shall come into force at once. Global leader in market research, Ipsos delivers reliable information and true understanding of Society, Markets and People. Powered by Pakistan means “Land of the Pure” in Urdu (from the Indo-Iranian pak, or “pure/clean”), but that’s a convenient coincidence. In FY 2022, DISCOs were able to recover 90. 775 million and provide electricity to 6,937 new A story about the privatisation of electricity distribution companies (Discos) is circulating in print and social media. Efficiency in Power DISCO'S of Pakistan (2014 to 2024) 2014 . Later on as the Government of Pakistan approved the revamping of the Water and Power Development Authority (WAPDA) power sector in April 1998, the Hyderabad Electric Supply Company (HESCO) took over responsibilities of the Hyderabad Area Electricity Board. advertising and marketing), but which is now commonly used as a DIY tool for individuals to stand out and promote themselves on social media, often (but not always) for some commercial purpose. What ICS Stands For in Pakistan. 1. Mar 21, 2023 · In addition, PESCO’s losses stand at 37. The meeting focused on expediting the privatisation process of distribution companies (Discos). 8% of Pakistan’s general government debt. Dec 6, 2023 · According to a notification, the cabinet had earlier approved the monetisation of free electricity units for the employees of Wapda, ex-Wapda companies, including distribution companies (Discos), generation companies (Gencos), National Transmission and Dispatch Company (NTDC) and Power Information Technology Company (PITC) on Oct 26. Dec 6, 2023 · Employees of DISCOs and WAPDA who are eligible for free 600 units per month would be paid Rs. For this process to occur smoothly, the Pakistan Electric Company Pvt. The following generation entities and extraneous sources of import of electricity stand approved who would be providing electric power to CPPA-G for onward delivery to the XWDISCOs or any other Market Participant; i. 66 billion, Rs 60. 23 percent – the highest among all DISCOs. business, sports, auto, education, real estate and entertainment news Dec 21, 2023 · Minister defends DISCOs overbilling energy stands at 31% and the government has embarked on an ambitious plan to enhance it to 61% by 2030. 9 billion in the same period last year. These rules shall apply for collection and payment of sales tax on electric power supplied by electricity distribution companies only i. The National Electric Power Regulatory Authority (NEPRA) on Monday decided to initiate legal action against all power distribution companies (DISCOs) of the country after an inquiry determined they had overcharged millions of consumers during the months of July and August. Rate Jul 27, 2023 · Pakistan’s Exports Surge to $16. Dec 16, 2021 · ISLAMABAD: Signing of the Planning & Monitoring Agreement between Power Planning and Monitoring Company (PPMC) and all power distribution, generation companies (DISCOs & GENCOs) and National T Feb 28, 2024 · Pakistan is leveraging the Turkish model to privatize DISCOs, enhancing operational efficiency and attracting private sector investment. According to Zhang (2019), the disparity in the operational and commercial efficiency among DISCOs in Pakistan could be due to differences in their managerial capacity. Aug 4, 2022 · Pakistan Electric Power Company (PEPCO) introduced the Electric Distribution Company (DISCOs) to distribute the electricity in Pakistan. DISCO . In 2007 it was dissociated whereby its Power Wing’s functions were renamed as ‘Hydel Power Generation & Operation and Maintenance (O&M) of the powerhouses. DISCOs and K Electric, licensed under the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997 (XL of 1997). Dec 19, 2022 · The power sector circular debt now stands at about Rs2. Jan 16, 2024 · The Power Division has issued guidelines for the recruitment of professionals at government-run Electricity Distribution Companies (DISCOs) in tandem with conditions set by the International DISCO: Distribution Company (Pakistan) DISCO: Defense Industrial Security Clearance Office: DISCO: Defense Investigative Security Clearance Office: DISCO: Defense Investigative Service Contract Office: DISCO: Domestic International Satellite Consideration Order: DISCO: Division Information System Control Officer Dec 19, 2023 · Massive tariff hike on the cards as DISCOs seek Rs 4. B. Only through concerted efforts and unwavering commitment to reform can Pakistan's power sector emerge stronger and more resilient than ever before, noted Rana. . DISCOs lack technical and managerial skills to operate independently. Mar 26, 2024 · ISLAMABAD: Pakistan’s ten state-run power distribution companies (Discos) have formally requested approval from the National Electric Power Regulatory Authority (NEPRA) for an annual adjustment Oct 3, 2022 · The cost of electricity for consumers across Pakistan is fixed under a uniform slab-wise tariff policy that has been determined by the National Electric Power Regulatory Authority (Nepra) and the Oct 18, 2023 · Eight of Pakistan’s ten Discos are proposed to be offered to qualified private partners under the concession model. Jan 1, 2021 · The DEA stands for data envelopment analysis is actually beneficial decision technique while . The report underscores urgent need for a comprehensive overhaul of Distribution Companies (Discos) to address critical governance, planning, and operational shortcomings across the entire power sector. 31 trillion by the end of June 2023, (Discos) losses due to inefficiency rose from Generation companies (GENCOs) are companies responsible for power generation in Pakistan. 6 Generation license Sep 11, 2024 · The struggles of state-owned Discos. Ltd. Aug 21, 2023 · Hyderabad Electric Supply Company (HESCO), and Sukkur Electric Supply Company (SEPCO) would be handed over to Sindh. Power DISCOs | SnapshotPakistan | DISCOs 22 licensed Power DISCOs operating in Pakistan 10 Public DISCOs and K-Electric serve almost entire customer base Transmission network includes 17,293 KMs long lines, including K-Electric network, operating at 500 kV and 220 kV level A. FY15, to stand at PKR 633bln at end-Jun15 Out of PKR 120bln, PKR 75bln Sep 19, 2023 · Despite massive increase in tariffs, the circular debt stock of Pakistan’s power sector increased to Rs2. 44 Feb 15, 2024 · ISLAMABAD: In a significant development aimed at addressing the longstanding operational challenges faced by Pakistan’s power distribution companies (DISCOs), the CCoP has approved the adoption of a long-term concession model for private sector participation in the management of two DISCOs, namely GEPCO and HESCO. Our solutions use data from surveys, polls, social media or qualitative, and provide actionable insights into the experience and opinions of citizens, consumers, patients, customers, employees. 52% growth compared to $14. facebook twitter whatsup linkded email. 5 billion in the first six months of FY 2024-25, marking an impressive 10. The DISCOs have generally been loss-making in the three years preceding fiscal year 2022 as well. Jan 11, 2024 · The decision comes in the wake of the Government of Pakistan’s Federal Footprint, State-Owned Enterprises (SOE) for fiscal year 2020-2022, which identified Pakistan’s power sector as the single biggest fiscal drain in the country, with losses of Rs 321 billion. There are currently ten Distribution Companies (DISCOs) under the administrative control of Ministry of Energy (Power Division). In IESCO, 12 percent of shares belong to Employee Trust Fund since FY 2014-15 (transferred under Benazir Employees Stock Option Scheme) previously owned by WAPDA (Table 3). Nov 19, 2024 · The World Bank has proposed transferring the ownership of 10 power distribution companies (DISCOs) to the president of Pakistan before their privatisation. It appears the road ahead is tough for the Discos in Pakistan. Adopting technology like pre-paid smart metres is a way to go. Editorial December 13, 2024. , JAN. Rate it: DISCO: Defense Industrial Security Clearance Office. Recovery against the electricity bills by DISCOs has been a consistent challenge for a long time and it has regularly been felt that DISCOs cannot pursue th Jan 17, 2024 · ISLAMABAD: In order to improve the performance of power distribution companies (DISCOs), Power Division, instead of filling these positions with internal officers of the DISCOs, has issued guidelines Feb 23, 2022 · ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is reportedly unhappy with Distribution Looking for online definition of DISCO or what DISCO stands for? DISCO is listed in the World's most authoritative dictionary of abbreviations and acronyms Instead of correcting for their failures in minimizing inefficiencies, DISCOs have adopted a policy of revenue-based load-shedding. A. The delegated powers are subject to rules Oct 10, 2022 · This resulted in a financial impact of Rs 113 billion. 0068608 by the Security Exchange Commission of Pakistan. Apr 22, 2024 · Mostly the concern has been because of mounting circular debt and the part that losses incurred by DISCOs have played in this. Khyber Pakhtunkhwa would be given Peshawar Electric Supply Company (PESCO) and Pakistan | DISCOs Units Consumed (GWh) FY16: 89,295 FY11: 76,285 Power DISCOs | Snapshot as at June 30, 2016 Licenses Customers Public Sector DISCOs 10 24,516,718 Private Sector DISCOs 2 2,246,501 Small & Captive Power Producers 10 42 Total 22 26,763,261 Private Sector DISCOs include K-Electric and Bahria Town Jul 5, 2024 · ISLAMABAD: Federal Minister for Power Awais Ahmed Khan Leghari on Thursday said that all power distribution companies (Discos) would be privatised in one and a half years. 4 kV distribution system NPCC is responsible for operation, monitoring of generation , both primary and secondary transmission system and coordination with all Sep 5, 2024 · Interviews with people familiar with his final moments in power paint picture of leader casting around for outside help to extend rule before leaning on deception to plot exit. 31 trillion by the end of June 2023, (Discos) losses due to inefficiency rose from Oct 3, 2022 · The cost of electricity for consumers across Pakistan is fixed under a uniform slab-wise tariff policy that has been determined by the National Electric Power Regulatory Authority (Nepra) and the Oct 18, 2023 · Eight of Pakistan’s ten Discos are proposed to be offered to qualified private partners under the concession model. They buy electricity from producers such as Water and Power Development Authority (WAPDA), GENCOs, PAEC and other private Independent Power Producers (IPPs) and sell it to their respective area custome A DISCO (Distribution Company) is an entity responsible for distribution of electricity to its consumers within a specific geographic area. Oct 5, 2023 · Both sides discussed different agenda items, with a particular focus on the privatization of Pakistan International Airlines (PIA) and optimizing the performance of Distribution Companies (DISCOs). Number of Type of DISCOs c al al al s al DISCO: Defense Industrial Security Clearance Office: DISCO: Design and Implementation of Symbolic Computation Systems (ACM Symposium) DISCO: Diagnostic Interview for Social and Communication Disorders (psychology) Find information for potential consumers of the National Transmission & Despatch Company Limited (NTDC) Pakistan. WAPDA has been de-bundled into water & power wing. Despite recovery claims of 92. References Basit Ghauri, “The Rs400bn quandary,”Dawn, 8 April 2024 Khaleeq Kiani, “Energy sector circular debt surges to Rs5. Follow on. The Discos in turn fail to pay fully for goods and services they receive, especially electricity, thus spreading the shortfall throughout the supply chain. [1] Nov 19, 2024 · The World Bank’s proposal to transfer the ownership of DISCOs to the president of Pakistan is a crucial step in the government’s broader strategy to privatize the power sector. This was disclosed in a high-level meeting co-chaired by Federal Minister for Privatization, Board of The energy sector of the Pakistan is passing through restructuring process under energy sector restructuring program since 1988. Dec 31, 2023 · Before Pakistan came into existence, its DISCOs were already lighting up the region. In fact, some of the DISCOs are more efficient commercially and operationally than KE (Malik, 2020). , Generation, Transmission, and Distribution. Aug 1, 2024 · NIPCO House, 4 - Shaharah e Fatima Jinnah, Lahore, Pakistan. Jun 17, 2024 · What does the word Pakistan stands for? Pakistan stands for “land of the pure” in Urdu and Persian. Jan 8, 2024 · The ministry of energy has proposed federal cabinet to delist all DISCOs from provincialization and privatization lists. 1 2. 83: Tricon Boston Consulting Corporation (Private) Limited: 84: Uch Power Ltd. The minister noted that Pakistan had tremendous In its defined role, PEPCO is responsible for assisting the Power Division, Ministry of Energy, Government of Pakistan in effectively monitoring and oversight of the Distribution Companies (DISCOs) in the following areas: § Performance Monitoring according to specified Key Performance Indicators (KPIs). 467 trillion. Concession: For the DISCOs selected for Concession, the Financial Advisor is expected to propose the options to implement the concession based on the approach described above together with an analysis of the pros and cons for each DISCO. vcgusp xoldb ecxuh pyqgjjv wbi coava qctmpj ixd wyd bqois