Nawaz Sharif's factory has not paid 40 million RS electricity bill but his power is not cut, why?
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Kings and Emperors never pay bills 
Norwegian
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Tagging Noonis again to answer this question:
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airmarshal
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You ask why? Where do you live? In Pakistan no rules or law apply on Nawaz Sharif and his types.
Norwegian
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I asked because many Indians and Pakistanis alike were bashing IK because he burned his electricity bills in protest of overbilling by current illegitimate government, that led to power cut at his private home in Bani Gala.
Saifullah Sani
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Muhammad Sharif along with his six brothers, established The Ittefaq Group of Industries. so Nawaz Shahrief was not the owner but a partner do some research kid
Proudpakistaniguy
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Source of this news is PTI Jalsa or official propoganda website?
LAHORE: The unpaid bills of the power companies have again swelled to Rs286 billion during the first three quarters of the current financial year in spite of the heavy increase in the electricity prices for domestic, industrial and commercial consumers to fully recover the cost of generation.
The power companies blame poor governance of the power sector for the fresh build-up of the unpaid bills commonly known as circular debt. In its first major policy decision, the government of Prime Minister Nawaz Sharif had paid unpaid bills of Rs480 bn to the power producers and their fuel suppliers immediately after returning to power in June last year.
“The collection of bills by the Discos (distribution companies) has dropped to 76 per cent this year from over 80 per cent last year and line losses (and theft) have also risen,” an executive of a private power company told Dawn on Tuesday. Nor the government had made any progress in the recovery of unpaid bills of more than Rs420bn from the public and private customers (of Discos), he added.
“When the government cleared our bills pending till March last year, it had promised to take effective measures to prevent another build up of the power sector debt. But barring a fat increase in electricity prices for all consumers it has failed to implement other reforms in the power sector, which has resulted in the re-emergence of the debt”, the executive who wanted not to be identified said.
Of the total amount outstanding against the National Transmission and Dispatch Company (NTDC), a sum of Rs150bn is due to power producers operating under the 1994 power policy.
The major sufferers of non-payment of bills by the government are Hubco (Rs60bn) and Kapco (Rs59 bn). Both the companies owe the same amount to their fuel supplier, PSO.
The government also owes Rs39.26bn to the Independent Power Producers (IPPs) established under the 2002 power policy. Nishat Power has Rs4.4 bn, Nishat Chunian Power Rs4.1bn, Atlas Power Rs3.9 bn, Hubco Narowal Rs3.6 bn, Liberty Rs5.2bn and Attock Gen Rs5.1bn outstanding against the NTDC. An amount of over Rs78bn is also payable to the public power generation companies -- Gencos.
The government has set aside Rs150 bn in the budget for the present fiscal for power subsidies. “The government, however, is releasing Rs25bn to the Discos every month as power subsidy. This means that the amount of the power subsidies will double to Rs300bn by the end of the fiscal year,” chief executive officer of another private power company said.
He concluded that the circular debt was estimated to balloon to Rs370 bn, or over three quarters of the same paid off to clear the unpaid bills of power companies accumulated under the previous government, by the end of the year on June 30 if not cleared by the government.
The clearance of the previous debt, the government had claimed, had added 1700 megawatts to the system, helping mitigate power woes of the consumers. But the power producers say the fresh rise in the debt could force many private producers to cut their generation, leading to power cuts of 12-18 hours this summer unless their dues are paid off to enable them to operate their plants at the optimal capacity.
Amount of unpaid power bills increases to Rs286bn - Pakistan - DAWN.COM
LAHORE: The unpaid bills of the power companies have again swelled to Rs286 billion during the first three quarters of the current financial year in spite of the heavy increase in the electricity prices for domestic, industrial and commercial consumers to fully recover the cost of generation.
The power companies blame poor governance of the power sector for the fresh build-up of the unpaid bills commonly known as circular debt. In its first major policy decision, the government of Prime Minister Nawaz Sharif had paid unpaid bills of Rs480 bn to the power producers and their fuel suppliers immediately after returning to power in June last year.
“The collection of bills by the Discos (distribution companies) has dropped to 76 per cent this year from over 80 per cent last year and line losses (and theft) have also risen,” an executive of a private power company told Dawn on Tuesday. Nor the government had made any progress in the recovery of unpaid bills of more than Rs420bn from the public and private customers (of Discos), he added.
“When the government cleared our bills pending till March last year, it had promised to take effective measures to prevent another build up of the power sector debt. But barring a fat increase in electricity prices for all consumers it has failed to implement other reforms in the power sector, which has resulted in the re-emergence of the debt”, the executive who wanted not to be identified said.
Of the total amount outstanding against the National Transmission and Dispatch Company (NTDC), a sum of Rs150bn is due to power producers operating under the 1994 power policy.
The major sufferers of non-payment of bills by the government are Hubco (Rs60bn) and Kapco (Rs59 bn). Both the companies owe the same amount to their fuel supplier, PSO.
The government also owes Rs39.26bn to the Independent Power Producers (IPPs) established under the 2002 power policy. Nishat Power has Rs4.4 bn, Nishat Chunian Power Rs4.1bn, Atlas Power Rs3.9 bn, Hubco Narowal Rs3.6 bn, Liberty Rs5.2bn and Attock Gen Rs5.1bn outstanding against the NTDC. An amount of over Rs78bn is also payable to the public power generation companies -- Gencos.
The government has set aside Rs150 bn in the budget for the present fiscal for power subsidies. “The government, however, is releasing Rs25bn to the Discos every month as power subsidy. This means that the amount of the power subsidies will double to Rs300bn by the end of the fiscal year,” chief executive officer of another private power company said.
He concluded that the circular debt was estimated to balloon to Rs370 bn, or over three quarters of the same paid off to clear the unpaid bills of power companies accumulated under the previous government, by the end of the year on June 30 if not cleared by the government.
The clearance of the previous debt, the government had claimed, had added 1700 megawatts to the system, helping mitigate power woes of the consumers. But the power producers say the fresh rise in the debt could force many private producers to cut their generation, leading to power cuts of 12-18 hours this summer unless their dues are paid off to enable them to operate their plants at the optimal capacity.
Amount of unpaid power bills increases to Rs286bn - Pakistan - DAWN.COM
osama zafar
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What about now? he only does not have whole amount of shares in itefaq but he has mega towers in England, he probably is the richest man in Pakistan, how can a business man lead a country he would only be interested in his business wake up sir.
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Proudpakistaniguy
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You are idiot calling me nooni again and again when i told you that i never sssociate myself with any political party and these all politicians are also same for me including your blind lover Ik.
Nawz sharif never announced openly( like your ik )that he wil not pay any electricity bills and late payment charges. Also your thick brain dont understand difference between commercial and home usage . last but not least stop quoting/tagging me in these useless topics of political conpaign against certain individuals or party
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syedali73
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You apparent support for PML(M) tells otherwise.
So it is fine with you that Imran does not pay bills, all he has to do is not to announce it... like Nawaz?
You mean its is fine to utilize electricity without paying bills for commercial use, like Nawaz is doing... but when a home user refuse to pay bills, the electricity should get disconnected?
So my question to you is, where have you come up with this logic? Things happen like this in England?
Proudpakistaniguy
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I dont support nawaz but i support his right to rule because they got the mandadte of Pakistani people irrespective of whether you like it or dislike it. Democrasy is not rule of your fav leader. Speaking against nutunki of ik dont make you a supporter of nawaz. I support good development projects of every rulers. I am not blind hater who look for conspiracies in evrything
You are just assuming too much. Nawaz should be treated same way as everyone else according to law.Read article in my previous post . I only said there is difference between home and commercial usage and there are different rules about when connection will get discconnect for home or commercial premises if they dont pay bills on time or additional late payment charges. It work same way in england as they give you reminder notice after notice to make payment and if you still refuse to make payment then they disconnect your connection and pass your debt to debt recovery agent. The differce between nawaz and ik is one recognise his dues while the other declared openly that he will never pay it and ask others to do the same
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