Rs219 billion worth of Electricity was stolen during financial year 2017-18 in Pakistan – Research Snipers

Rs219 billion worth of Electricity was stolen during financial year 2017-18 in Pakistan

Electricity theft is one of the major problems and crisis in Pakistan, besides demand, supply, generation, and distribution in Pakistan faces a gigantic loss due to habitual electricity theft.

During the current fiscal year which is about to end now, sources have observed that a loss of Rs219 billion was dented in the national exchequer.

According to the details received from the documents submitted to Public Accounts Committee (PAC), Peshawar Electric Supply Company (PESC) consumers were involved in Rs96 billion worth of electricity theft during FY 2017-18.

Similarly, Rs80 billion worth of electricity was stolen from Balochistan, however people in Federally Administered Tribal Areas (FATA) stole much less electricity as compared to other provinces, consumers in FATA stole Rs31 billion in the form of electricity.

Since there were not complete estimated figures for Punjab but Multan alone accounted for Rs8 billion in stolen electricity. In Hyderabad Sindh, Rs6 billion in electricity bills were unpaid by the consumers.

The figures in Karachi and entire Punjab could be worse then what is reported. Pakistan is bearing a huge loss in electricity theft and stolen which should be curbed by the authorities.