ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed fines totalling Rs95 million on two Sindh-based power distribution companies — Sukkur Electric Power Company (Sepco) and Hyderabad Electric Supply Company (Hesco) — for exceeding loss targets, poor recovery performance, and safety violations.

Nepra imposed a Rs50m fine on Sepco and Rs25m on Hesco for failing to meet targets for reducing transmission and distribution (T&D) losses and recoveries during FY24. An additional Rs20m fine was levied on Sepco for failing to ensure proper grounding of electricity poles and non-compliance with safety protocols.

According to Nepra, the penalties follow the findings of the Circular Debt Report for FY24, which showed that national electricity losses rose........

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