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In the midst of power problems, PESCO is dealing with theft worth Rs 195 billion and unpaid invoices worth around Rs 228 billion.

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According to a recent assessment by the Peshawar Electric Supply Company (PESCO), residents of Khyber Pakhtunkhwa are enduring power outages ranging from a frustrating two hours to a taxing twenty hours a day.

The scope of the power outage in Khyber Pakhtunkhwa has been made public, exposing extensive losses and major load shedding in the region.

With only 324 industrial and independent feeders able to achieve zero load shedding with losses of less than 10%, PESCO is finding it difficult to manage the enormous losses. Although the problem’s magnitude is intimidating, the corporation is making an effort to solve it.

Urgent action to address the underlying causes of the electrical crisis is being called for as the people of Khyber Pakhtunkhwa suffer from it. Residents will have to endure lengthy periods without electricity until then, putting them in the dark.

A startling amount of lost money is revealed in a document from the Peshawar Electric Supply Company (PESCO).

Power worth an astounding Rs 195 billion has been taken so far this year alone! Additionally, clients still owe PESCO a substantial Rs 228 billion in unpaid invoices. The corporation finds it challenging to reliably distribute power throughout the province due to this financial hardship.

Only 156 of PESCO’s 1,305 feeders, according to documents, have losses that are less than 10 percent. There is no load shedding seen on these feeders, and there is very little disturbance. On the other hand, two-hour outages affect both local businesses and homes due to 156 feeders that have losses of 10%.

A closer look finds that feeders with losses of 10% to 20% are subject to two-hour load shedding, with an estimated $6 billion in financial losses and over Rs 5 billion in arrears.

In a similar vein, feeders with larger losses experience longer load shedding periods—for example, 16 hours for feeders with losses between 60% and 80%, and just four hours of restricted power supply for feeders with losses beyond 80%.

The 159 feeders that have had more than 80% losses and only receive four hours of electricity each day are the worst affected. With approximately Rs 12 billion in arrears, the entire financial loss resulting from these feeders is Rs 13 billion.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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