Distribution firms seek NEPRA's nod for recovery of Rs22b from consumers

Iesco stood on top in the wake of its plausible performance to curb losses, improve recoveries and act in line with the time frame for new connections. PHOTO: FILE

Industry players have rejected the government's claims of reducing circular debt, tariff cuts due to revisions in agreements with independent power producers (IPPs) and the incremental package.

They have called for more reduction in tariffs for revival of the industry. Following a decline in the last two quarters of the previous fiscal year, capacity charges have once again surged as power distribution companies (DISCOs) have sought approva

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