Jhenaidah Pally Bidyut Samity officials announced their annual losses stood at Tk13,230,000. This was disclosed yesterday at a meeting where they announced the launch of their annual report.
The report said the reasons behind the loss in 2012-2013 were power distribution expenditure, providing services to more customers than anticipated, excess administrative expenses and other general expenditures.
The report stated that operation cost was Tk52.79 crore, while a total of Taka 54.75 crore was shown as electricity services. The figure against depreciation was shown as Tk740, 70,000, while the net loss stood at Tk13,230,000.
The report confirmed by the general manger of the PBS said, they had provided electricity connections to 126,306 subscribers during the 2013 in 872 villages of six upazilas in Jhenaidah. The total area of coverage was 3,576 kilometres including newly extended 172 kilometres.
When contacted, the general manger of Jhenaidah PBS Jubaraj Sarker had admitted to the loss and said, they were trying to reduce the loss in future.
Mijanur Rahman, member of the PBS managing board, had produced the report before the board members, while the board’s Chairman Syed Nasir Uddin was in the chair.
