Discover and read the best of Twitter Threads about #254bn

Most recents (1)

I keep thinking:

Only 38% of 12.6m customers currently have prepaid meters.

The government says in the 2nd half of 2022, the DISCOs had a revenue impairment of 49% to NBET as they remitted only #265bn of #519bn for load delivered from GENCOs through TCN
This means their efficiency rate is 51% because of the loss from estimated billing. And the govt has to cover for the shortfall of #254bn for only 2 quarters.

I get the argument of adopting cost reflective tariff, but this issue of raising electricity tariff because collection
is so poor is like the argument for raising VAT because the revenue to GDP ratio is low.

Of all the problems bedevilling the power sector (from infrastructure for distributing gas to GENCOs, to the FX issues they face for parts & maintenance, to lack of CAPEX to expand capacity
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!