PESHAWAR: The Board of Directors of Tribal Areas Electric Supply Company (TESCO), in its 82nd meeting, approved a development (capital) budget of Rs2,570 million and an operational budget of Rs2,843 million for the financial year 2026-27.
The meeting also approved formation of a special committee to review the possibilities of building the company’s distribution system based on artificial intelligence and modern digital technology.
The meeting was chaired by the Chairman of the Board of Directors, Engineer Muhammad Naeem.
The board meeting was attended by directors Farah Hamid Khan, Naveed Orakzai, Nisar Ahmed, Ehtesham-ul-Haq and Irfan Aman Yousafzai, as well as the Chief Executive Officer of Tesco, Tahir Jamal.
Company Secretary Dr. Sajjad Ahmed Jan gave a detailed briefing to the board on various issues on the agenda.
The board approved appointmentof the chief executive officer as well as other senior management appointments.
During the meeting, Vice Chancellor of the University of Engineering and Technology Mardan, Dr. Gul Muhammad Khan, gave a detailed briefing to the board and TESCO officers regarding making of the electricity distribution system modern, effective and technological.
Dr. Khan said that “by using artificial intelligence and modern digital technology in the distribution system, the efficiency of the system can be significantly improved”.
He said that with the help of smart metering, transformer monitoring, automatic fault detection, remote switching and renewable energy, it was possible to reduce power loss and improve load management, while also ensuring timely and accurate information to consumers.
A special committee was formed on the instructions of the chairman, comprising relevant officers of Tesco.
The committee would comprehensively review the proposed innovative technologies in light of the company’s needs, technical capabilities, and ground realities and present its recommendations at the next board meeting.
The board described these decisions as important steps towards transparency, efficiency and better service delivery to the consumers in the electricity distribution system.
Copyright Business Recorder, 2026