Rs.5 bln saved by reducing transmission, distribution losses: Finance Minister

News Image

MG News | February 14, 2019 at 09:47 AM GMT+05:00

0:00

February 14, 2019: Finance Minister Asad Umar has said five billion rupees have been saved by reducing transmission and distribution losses in last three months of the previous year.

In a tweet, he said the drive for crackdown on electricity was reviewed in the Cabinet Committee on Energy meeting today.

The Minister said losses in October to December 2018 were reduced to 12.5 percent as compared to 14.1 percent during the same period last year.

He said 18,795 FIR's were registered and 1351 people arrested in last four months during anti-theft drive.

He termed the start of the campaign to eliminate electricity theft as excellent and pledged to do more in this regard.

Related News

Name Price/Vol %Chg/NChg
KSE100 187,033.27
703.36M
-0.84%
-1588.52
ALLSHR 112,355.64
1,322.41M
-0.80%
-909.82
KSE30 57,253.65
170.47M
-0.83%
-477.72
KMI30 264,339.24
259.66M
-0.84%
-2232.30
KMIALLSHR 72,280.61
865.86M
-0.69%
-504.24
BKTi 53,720.25
43.65M
-1.13%
-611.48
OGTi 39,202.65
25.16M
0.13%
50.73
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,865.00 90,425.00
89,385.00
-365.00
-0.40%
BRENT CRUDE 65.36 65.36
65.09
0.12
0.18%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.20
-2.47%
ROTTERDAM COAL MONTHLY 98.75 98.75
98.50
0.90
0.92%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 60.79 60.80
60.42
0.17
0.28%
SUGAR #11 WORLD 14.77 14.90
14.66
0.05
0.34%

Chart of the Day


Latest News
January 22, 2026 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


January 22, 2026 at 12:56 AM GMT+05:00

Pakistan signals reassuring economic indicators


January 21, 2026 at 06:15 PM GMT+05:00

SBP raises Rs726bn in T-Bills Auction


January 21, 2026 at 05:49 PM GMT+05:00

Kuwait eyes investment opportunities in Pakistan



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg