Pakistan, March 16 -- The Ferozepur Road Industrial Association (FRIA) has raised its serious concern over power distribution companies' huge losses of billions of rupees in the first half of the fiscal year due to inefficiencies, which need to be taken care of seriously.
FRIA Chairman Shahbaz Aslam said that the primary challenge remained the losses caused by power distribution companies due to theft, inefficiency, and under-recovery of bills.
These companies also caused Rs52 billion in losses due to under-recoveries, which was Rs97 billion less than the comparative period.
The FRIA Chairman said that it is good that the government is working to resolve issues in appointing independent Boards of Directors for DISCOs to further reduce lo...