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Pakistan recovers over $370 mn in campaign against power theft
Pakistan has recovered more than $370 million in a nationwide campaign against electricity theft, Pakistani state media reported on Sunday. The South Asian nation’s power sector has been plagued by high rates of electricity theft and distribution losses, resulting in accumulating debts across the production chain. In March, Pakistan’s Interior Minister Mohsin Naqvi announced that […]
Pakistan has recovered more than $370 million in a nationwide campaign against electricity theft, Pakistani state media reported on Sunday.
The South Asian nation̵7;s power sector has been plagued by high rates of electricity theft and distribution losses, resulting in accumulating debts across the production chain. In March, Pakistan̵7;s Interior Minister Mohsin Naqvi announced that authorities had launched a “massive crackdown” against electricity and gas theft, aiming for fair distribution of utilities and access to all citizens. “In a countrywide campaign against power pilferage, 105 billion ($377 million) rupees have been recovered,” the state-run Radio Pakistan broadcaster reported. “More than 83,000 individuals involved in power theft have been arrested.” From June 30 till July 17, authorities collected more than Rs1 billion from power pilferers in Punjab’s Lahore, Gujranwala, Faisalabad and Multan cities as well as in the federal capital of Islamabad, according to the report.
Another Rs430 million were recovered from Peshawar, Hyderabad, Sukkur and Quetta during this period. This was a result of actions taken by the government to revive the country’s economy and bring people out of the power crisis. Relevant institutions were determined to continue their operations until complete elimination of power theft from the country, it added. The report comes days after Pakistan reached a staff-level agreement with the International Monetary Fund (IMF) for a new $7 billion loan.
