LAHORE: The Pakistan Furniture Council (PFC) has called for urgent reforms in the power sector, highlighting that inefficiencies, electricity theft, and high line losses are increasing costs for industries and undermining economic growth. PFC Director Shahbaz Aslam said that the sector\u2019s structural weaknesses, if left unaddressed, not only strain public finances but also affect manufacturing and production, including the furniture industry, which relies on reliable and affordable electricity. Shahbaz Aslam pointed out that government-owned DISCOs continue to face massive losses, with a significant portion stemming from technical inefficiencies, theft, and poor billing recovery. He noted that such inefficiencies translate into higher electricity tariffs and unreliable supply for industrial zones, increasing production costs and weakening competitiveness in both domestic and international markets. He highlighted the example of LESCO, which has demonstrated strong operational performance through initiatives like the 118 Smart Call Center. \u201cLESCO\u2019s monitoring systems, prompt complaint redressal, and accountability mechanisms provide a model for reducing losses and improving service,\u201d he said. He stressed that other DISCOs and sectors should adopt similar measures to enhance efficiency and customer service. News Desk
\nShahbaz Aslam urged power distribution companies to prioritize reducing line losses and controlling electricity theft, emphasizing that such reforms are directly linked to industrial productivity and economic stability. He added that industrial associations can play a supportive role by collaborating with utilities, reporting inefficiencies, and promoting best practices for energy management.
\nThe PFC director also underscored the need for modern infrastructure, professional management, and transparent operations in the power sector to ensure consistent supply and reduce the financial burden on businesses. He warned that without structural reforms, temporary fixes or subsidies will not solve the underlying challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"
LAHORE: The Pakistan Furniture Council (PFC) has called for urgent reforms in the power sector, highlighting that inefficiencies, electricity theft, and high line losses are increasing costs for industries and undermining economic growth. PFC Director Shahbaz Aslam said that the sector\u2019s structural weaknesses, if left unaddressed, not only strain public finances but also affect manufacturing […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-536873","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n