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 170,672.04
445.22M
0.89%
1498.66
ALLSHR 102,034.89
1,183.13M
0.89%
901.14
KSE30 51,809.61
215.26M
1.15%
591.24
KMI30 244,986.87
146.15M
1.11%
2692.35
KMIALLSHR 66,123.66
456.32M
1.13%
736.83
BKTi 48,171.04
144.41M
1.14%
545.15
OGTi 35,705.20
10.10M
1.47%
516.25
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,110.00 79,095.00
77,690.00
-125.00
-0.16%
BRENT CRUDE 105.88 107.48
103.41
0.81
0.77%
RICHARDS BAY COAL MONTHLY 104.00 104.00
104.00
-1.05
-1.00%
ROTTERDAM COAL MONTHLY 103.50 106.70
102.75
-2.00
-1.90%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 94.88 97.85
92.68
-0.97
-1.01%
SUGAR #11 WORLD 14.10 14.16
13.87
0.21
1.51%

Chart of the Day


Latest News
April 25, 2026 at 04:57 PM GMT+05:00

Weekly Market Roundup


April 25, 2026 at 12:26 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


April 24, 2026 at 11:57 PM GMT+05:00

Petrol, Diesel prices jump sharply again


April 24, 2026 at 05:12 PM GMT+05:00

Oil slides after Pakistan flags new US–Iran talks



Top 5 things to watch in this week

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