At least 93 percent recoveries record from power sector: Official

ISLAMABAD: The recoveries of power sector have touched record 93.40 percent, resulting in additional income of Rs 61 billion to the national exchequer during 2015.

Official sources said on Sunday that better performance and prudent decisions have brought the much-needed stability in the power sector. He said recoveries witnessed 4.80 percent increase, as compared to the previous year during which they were 88.60 percent. Besides achieving upward trend in recoveries, the line losses were reduced to 18 percent from 19.1 percent during the said period, the sources said. They said record Rs 10 billion were saved on account of reduced line losses to around 1.1 percent. They said that 50 percent power load-shedding has reduced owing to the steps taken by the government.

The sources further said the power tariff was not only reduced but also the industrial sector was fully exempted from power load-shedding for the first time in the country’s history to meet the export orders.

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