Annual Surge in Circular Debt
Strength distribution corporations (DISCOs) in Pakistan are contributing Rs. 600 billion annually to the circular debt to inefficiencies, raising the total debt to Rs. 2.467 trillion.
Failure to curbe Losses
Despite claiming over 92.44% healing, DISCOs are failing to manage non-recovery from defaulters and electricity theft, leading to a significant increase in circular debt.
Overbilling Practices
Officers admit to using overbilling to inflate recovery rates by 10-15% annually, masking the true extent of inefficiency in revenue collection from consumers.
Rising Dues and Recoveries
Total dues have surged by 69.64% to Rs. 2.017 trillion from 2021, reflecting ongoing struggles in recovering payments from both private and public sector consumers.
Chronic Defaulters
Persistent defaulters, including influential political and industrial figures, owe Rs. 1.094 trillion, with the amount increasing by Rs. 194 billion in 2023-24, highlighting the systemic collection issues.