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Shandong Ruyi Group visits Fesco headquarters

A delegation of Shandong Ruyi Group headed by Vice President Madam Jane Liu visited the Faisalabad Electric Supply Company (Fesco) headquarters. Faiq Javed BOD director, CE Operation Akhtar Ali Randhawa, CCO Rashid Aslam, CE T&G Haroon Rashid, Finance Director Iqbal Ghori and Director Human Resources welcomed the foreign guests.

Khurshid Alam CEO FESCO briefed the delegation about administrative set-up, its aim and objective and future plan. He said Fesco is the best distribution company (Disco) of Pepco with minimum line losses and excellent recoveries. He said distribution network of Fesco has been upgraded and expanded to cater to the future needs of its major load centres.

He said efficient management played a major role in reducing unscheduled load shedding. He also explained technical skill and expertise of its work force that is successfully maintaining the distribution network sprawling over 8 districts of Faisalabad and Sargodha divisions.

Madam Jane Liu showed keen interest in the successful story of FESCO and said her group is investing in textile as well as power generation. The objective of her tour is to explore the new avenue of investment in this country. Later, CEO Fesco Khurshid Alam presented a memento of Fesco to Madam Jane Liu.

Copyright Business Recorder, 2014


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln