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Federal, Provincial govt are largest electricity defaulters

Pakistan, Business News :  Asian Development Bank issued a report regarding electricity defaulters and it states that the federal and provincial governments in Pakistan are the largest defaulters of electricity bills.

Statements shows that, the cost of producing electricity in Pakistan is high and would not decrease if all outstanding electricity bills were cleared.

The report further states that due to the revenue shortage, the Central Power Purchasing Agency is not able to make full payments to electricity companies. The ADB adds that electricity demand in Pakistan at its peak exceed supply by 40 percent.

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