AIRLINK 74.85 Increased By ▲ 0.56 (0.75%)
BOP 4.98 Increased By ▲ 0.03 (0.61%)
CNERGY 4.49 Increased By ▲ 0.12 (2.75%)
DFML 40.00 Increased By ▲ 1.20 (3.09%)
DGKC 86.35 Increased By ▲ 1.53 (1.8%)
FCCL 21.36 Increased By ▲ 0.15 (0.71%)
FFBL 33.85 Decreased By ▼ -0.27 (-0.79%)
FFL 9.72 Increased By ▲ 0.02 (0.21%)
GGL 10.45 Increased By ▲ 0.03 (0.29%)
HBL 112.74 Decreased By ▼ -0.26 (-0.23%)
HUBC 137.44 Increased By ▲ 1.24 (0.91%)
HUMNL 11.42 Decreased By ▼ -0.48 (-4.03%)
KEL 5.28 Increased By ▲ 0.57 (12.1%)
KOSM 4.63 Increased By ▲ 0.19 (4.28%)
MLCF 37.80 Increased By ▲ 0.15 (0.4%)
OGDC 139.50 Increased By ▲ 3.30 (2.42%)
PAEL 25.61 Increased By ▲ 0.51 (2.03%)
PIAA 20.68 Increased By ▲ 1.44 (7.48%)
PIBTL 6.80 Increased By ▲ 0.09 (1.34%)
PPL 122.20 Increased By ▲ 0.10 (0.08%)
PRL 26.58 Decreased By ▼ -0.07 (-0.26%)
PTC 14.05 Increased By ▲ 0.12 (0.86%)
SEARL 58.98 Increased By ▲ 1.76 (3.08%)
SNGP 68.95 Increased By ▲ 1.35 (2%)
SSGC 10.30 Increased By ▲ 0.05 (0.49%)
TELE 8.38 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.06 Decreased By ▼ -0.07 (-0.63%)
TRG 64.19 Increased By ▲ 1.38 (2.2%)
UNITY 26.55 Increased By ▲ 0.05 (0.19%)
WTL 1.45 Increased By ▲ 0.10 (7.41%)
BR100 7,841 Increased By 30.9 (0.4%)
BR30 25,465 Increased By 315.4 (1.25%)
KSE100 75,114 Increased By 157.8 (0.21%)
KSE30 24,114 Increased By 30.8 (0.13%)

Board of Director (BoD) Peshawar Electric Supply Company (PESCO) has formally approved the relief of Rs 3 per unit to industrial consumers as per announcement of the Prime Minister of Pakistan.
The relief will be immediately implemented and in case of already issued bills it may be revised. This was directed during PESCO's BoD 105th meeting held here at Wapda House, Peshawar with Chairman Malik Muhammad Asad Khan in the chair.
The BoD hailed the appointment of Anwar Ul Haq Yousafzai as CEO PESCO and thanked Prime Minister of Pakistan and Ministry of Water & Power for this appointment.
The BoD was of the view that Anwar Ul Haq Yousafzai is a competent and honest man and he has the ability to turn the company into a profitable entity and come up to the expectations of the Board of Directors. The BoD discussed the measures taken for turning PESCO into a profitable entity.
Speaking in the meeting, the Chairman BoD PESCO Malik Muhammad Asad Khan said that they have to improve the performance of the company and to develop it as a "consumer friendly company" and they have to turn it into a profitable entity. He directed the new CEO and officials for reducing line losses and further improvement in the recovery. BoD said that they will extend their co operation to CEO.
During the meeting, the Chief Executive, PESCO Anwar Ul Haq Yousafzai gave a comprehensive Presentation to the board about the performance of the company. He said that they have to provide maximum facilities to public and every employee of the PESCO has to adopt consumer friendly attitude.
The CEO directed all the field officers to hear the problems of public from 11:00 A.M to 1:00 P.M daily and resolve on the spot. He further emphasised that Pesco's employees have to work honestly and with dedication. He said the employees with the bad performance will be dealt strictly while employees with good performance will be rewarded. A number of other managerial and administrative matters on the agenda were also approved.
Board Members including Chief Executive PESCO Anwar Ul Haq Yousafzai, Col. Jahanzeb Khan (retd), Syed Musawar Shah, Iftikhar Ahmad Khan, Qamar Zaman, Dr Amjad Ullah Khattak, Naimat Ullah Abid, Director General PR Shaukat Afzal, Secretary BoD Khurshid Ahmad Orakzai attended the meeting.

Copyright Business Recorder, 2016

Comments

Comments are closed.