AIRLINK 180.56 Increased By ▲ 0.20 (0.11%)
BOP 11.14 Decreased By ▼ -0.03 (-0.27%)
CNERGY 8.54 Increased By ▲ 0.01 (0.12%)
CPHL 100.75 Increased By ▲ 0.34 (0.34%)
FCCL 45.90 Decreased By ▼ -0.06 (-0.13%)
FFL 16.09 Increased By ▲ 0.28 (1.77%)
FLYNG 27.75 Decreased By ▼ -0.14 (-0.5%)
HUBC 141.64 Decreased By ▼ -0.83 (-0.58%)
HUMNL 13.04 Increased By ▲ 0.03 (0.23%)
KEL 4.50 Decreased By ▼ -0.02 (-0.44%)
KOSM 5.87 Increased By ▲ 0.03 (0.51%)
MLCF 61.70 Decreased By ▼ -0.20 (-0.32%)
OGDC 210.94 Decreased By ▼ -3.38 (-1.58%)
PACE 5.90 Decreased By ▼ -0.02 (-0.34%)
PAEL 46.20 Decreased By ▼ -0.63 (-1.35%)
PIAHCLA 17.62 Decreased By ▼ -0.22 (-1.23%)
PIBTL 10.70 Increased By ▲ 0.08 (0.75%)
POWER 12.15 Decreased By ▼ -0.02 (-0.16%)
PPL 169.50 Decreased By ▼ -3.21 (-1.86%)
PRL 35.75 Decreased By ▼ -0.27 (-0.75%)
PTC 23.14 Decreased By ▼ -0.12 (-0.52%)
SEARL 95.69 Decreased By ▼ -0.37 (-0.39%)
SSGC 40.75 Decreased By ▼ -0.59 (-1.43%)
SYM 14.24 Decreased By ▼ -0.20 (-1.39%)
TELE 7.45 Increased By ▲ 0.07 (0.95%)
TPLP 10.34 Increased By ▲ 0.26 (2.58%)
TRG 67.40 Decreased By ▼ -0.50 (-0.74%)
WAVESAPP 10.00 No Change ▼ 0.00 (0%)
WTL 1.34 No Change ▼ 0.00 (0%)
YOUW 3.86 Increased By ▲ 0.05 (1.31%)
AIRLINK 180.56 Increased By ▲ 0.20 (0.11%)
BOP 11.14 Decreased By ▼ -0.03 (-0.27%)
CNERGY 8.54 Increased By ▲ 0.01 (0.12%)
CPHL 100.75 Increased By ▲ 0.34 (0.34%)
FCCL 45.90 Decreased By ▼ -0.06 (-0.13%)
FFL 16.09 Increased By ▲ 0.28 (1.77%)
FLYNG 27.75 Decreased By ▼ -0.14 (-0.5%)
HUBC 141.64 Decreased By ▼ -0.83 (-0.58%)
HUMNL 13.04 Increased By ▲ 0.03 (0.23%)
KEL 4.50 Decreased By ▼ -0.02 (-0.44%)
KOSM 5.87 Increased By ▲ 0.03 (0.51%)
MLCF 61.70 Decreased By ▼ -0.20 (-0.32%)
OGDC 210.94 Decreased By ▼ -3.38 (-1.58%)
PACE 5.90 Decreased By ▼ -0.02 (-0.34%)
PAEL 46.20 Decreased By ▼ -0.63 (-1.35%)
PIAHCLA 17.62 Decreased By ▼ -0.22 (-1.23%)
PIBTL 10.70 Increased By ▲ 0.08 (0.75%)
POWER 12.15 Decreased By ▼ -0.02 (-0.16%)
PPL 169.50 Decreased By ▼ -3.21 (-1.86%)
PRL 35.75 Decreased By ▼ -0.27 (-0.75%)
PTC 23.14 Decreased By ▼ -0.12 (-0.52%)
SEARL 95.69 Decreased By ▼ -0.37 (-0.39%)
SSGC 40.75 Decreased By ▼ -0.59 (-1.43%)
SYM 14.24 Decreased By ▼ -0.20 (-1.39%)
TELE 7.45 Increased By ▲ 0.07 (0.95%)
TPLP 10.34 Increased By ▲ 0.26 (2.58%)
TRG 67.40 Decreased By ▼ -0.50 (-0.74%)
WAVESAPP 10.00 No Change ▼ 0.00 (0%)
WTL 1.34 No Change ▼ 0.00 (0%)
YOUW 3.86 Increased By ▲ 0.05 (1.31%)
BR100 12,456 Decreased By -25.1 (-0.2%)
BR30 37,699 Decreased By -308.4 (-0.81%)
KSE100 116,679 Decreased By -96.1 (-0.08%)
KSE30 35,794 Decreased By -55.8 (-0.16%)

ISLAMABAD: The Water and Power Development Authority (Wapda) has reportedly threatened Gujranwala Electric Power Company (GEPCO) to close its hospital and allied facilities if decision to hire services of State Life Insurance Company (SLIC) is not taken back, well-informed sources told Business Recorder.

Wapda has sent this threatening letter to Chief Executive Officer (CEO), GEPCO at a time when the Prime Minister has already decided to put the Discos on top companies which will be offered to the private sector through Private Sector Participation (PSP).

According to Secretary Wapda, Manager (Admin) GEPCO, in his office order of June 25, 2024 has conveyed approval of Board of Directors (BoD) regarding hiring of the services of M/s State Life Insurance Company for provision of Medical Healthcare Facilities to GEPCO Employees.

In this context, Secretary Wapda, in his letter has apprised that Wapda Hospital Gujranwala and its allied dispensaries at Gujrat and Sialkot are exclusively providing medical facilities to GEPCO employees. GEPCO decision will make it difficult to continue the operations of Wapda Hospital Gujranwala and its allied dispensaries.

Accordingly, Water and Power Development Authority has decided to wind up/close down the operations of Wapda Hospital Gujranwala and its allied dispensaries by July 31, 2024, being financially and administratively not viable.

“Once the operations are closed, it will be impossible to resume the same in future. the decision to hire the services of M/s State Life Insurance Company be reconsidered, in the best interest of GEPCO employees,” the Secretary Wapda said.

Copyright Business Recorder, 2024

Comments

Comments are closed.