ISLAMABAD: The National Assembly’s Standing Committee on Privatisation was informed on Wednesday that as part of the restructuring of the Utility Stores Corporation (USC), 1,203 stores have been closed, and 2,237 …
FESCO
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Business
DISCOs Plan Rs. 51.5 Billion Refund for Electricity Consumers
by Hamza Irshadby Hamza IrshadIslamabad, 16, Apr 2025: DISCOs Plan to ease the burden on Electricity Consumers may soon materialize, as Pakistan’s public sector electricity distributors have submitted refund petitions to NEPRA, seeking approval …
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PAC Irritates on Ministry Working Over Defaulters Issue
by Umar Sohailby Umar SohailIslamabad, March 28: The Public Accounts Committee (PAC) has criticized the Power Division for failing to comply with its directives regarding the submission of a list of the top 300 …
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has taken a decisive step by issuing a show cause notice to Faisalabad Electric Supply Company (FESCO) due to its reported negligence …
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EconomyLatest Updates
PITC probe confirms distribution companies overbilled power consumers
by Umar Sohailby Umar SohailPITC submits report to the Power Division which states several DISCOs overbilled consumers. LESCO, GEPCO, FESCO, IESCO, MEPCO and SEPCO all overbilled consumers, reports states. PESCO did not overbill any …
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IMF-backed report reviews 84 commercial state-owned enterprises