NEPRA report reveals fiscal fixes cut circular debt, but utility performance remains poor
DISCO losses drain Rs397b in FY25
Pakistan's public-sector power distribution companies continued to miss key performance benchmarks in FY2024-25, as excessive transmission and distribution (T&D) losses and recovery shortfalls remained the main sources of financial stress in the electricity supply chain, according to the National Electric Power Regulatory Authority's (NEPRA) State of Industry Report 2025.
NEPRA data showed that DISC
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