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

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 161,805.02
195.97M
-2.29%
-3791.05
ALLSHR 97,831.99
495.75M
-2.19%
-2185.72
KSE30 48,340.67
77.02M
-2.27%
-1124.26
KMI30 232,680.60
78.39M
-2.62%
-6271.80
KMIALLSHR 63,675.05
227.49M
-2.51%
-1639.11
BKTi 43,875.66
32.84M
-2.04%
-913.32
OGTi 33,979.39
8.60M
-3.21%
-1127.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,580.00 77,425.00
76,475.00
-315.00
-0.41%
BRENT CRUDE 109.93 110.13
109.01
-2.17
-1.94%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.25
-6.18%
ROTTERDAM COAL MONTHLY 110.50 110.65
110.10
1.30
1.19%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 102.89 103.10
102.12
-1.49
-1.43%
SUGAR #11 WORLD 14.71 14.95
14.57
-0.09
-0.61%

Chart of the Day


Latest News
May 19, 2026 at 08:06 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


May 18, 2026 at 11:58 PM GMT+05:00

Pakistan exports gain 14% in April


May 18, 2026 at 11:42 PM GMT+05:00

Pakistan's April imports hit $6.8bn, up 33%


May 18, 2026 at 11:15 PM GMT+05:00

Pakistan imports from China clocks in at $1.8bn



Top 5 things to watch in this week

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