TRADE & ECONOMY

The National Electric Power Regulatory Authority (NEPRA) has imposed a total fine of Rs95 million on the Sukkur Electric Power Company (SEPCO) and Hyderabad Electric Supply Company (HESCO) for failing to reduce system losses, improve recovery rates, and ensure compliance with safety standards.
According to NEPRA’s order, SEPCO has been fined a total of Rs70 million in three separate decisions. This includes Rs50 million for failing to reduce losses and improve recovery, Rs10 million for failure to implement safety standards, and another Rs10 million for not earthing poles in its administrative areas.
HESCO has been fined Rs25 million for similar shortcomings, particularly its inability to bring down losses and improve recovery during the fiscal year 2023-24.
NEPRA noted that both companies failed to provide satisfactory responses to show-cause notices. The regulatory authority also observed that SEPCO had not implemented 100% earthing of electricity poles, posing safety risks to the public.
Orders have been issued to the Chief Executive Officers of both companies to deposit the fine amounts into a designated bank account within 15 days. SEPCO has additionally been directed to complete the earthing of all remaining steel structures within three months.
NEPRA emphasized that failure to comply with these directives will result in further action under the regulatory framework.