• Skip to main content
  • LESCO Bill
    • About Us
    • LESCO Customer Services
    • LESCO MIS – Developed by LESCO Official Computer Center
    • Jobs in LESCO
    • LESCO Complaint Online
    • LESCO Online Bill Payment
  • LESCO Tariff
  • LESCO Bill Calculator
  • LESCO Net Metering
  • MEPCO Bill
    • MEPCO Bill Calculator
  • IESCO Bill
    • IESCO New Connection
    • IESCO Bill Calculator
    • IESCO Tariff
    • IESCO Customer Services
  • Blog

LESCO Bill

Check Online LESCO Bill

PESCO is Divided to Improve its Efficiency and Reduce Losses

Last Updated On January 22, 2023 By John Thomas

The federal government split Peshawar Electric Supply Company (PESCO) into two businesses in order to increase its productivity and lower its losses.

According to a notification released here by the Ministry of Energy, PESCO would be split into PESCO and a new firm with the name Hazara Electric Supply Company (HAZECO).

Useful Link: LESCO Bill Online – Check Your Electricity Bill {100% Free}

PM inaugurates Hazara-Electric Company

According to their U.O. No. 22/PSPM/2023 dated 4.01.2023, the Prime Minister has been happy to sanction the establishment of Hazara Electric Supply Company (HAZECO) in accordance with Rule-4(5) of the Rules of Business.

The Prime Minister has been happy to accept the bifurcation of PESCO for overall better administration of the power utility, boosting operational effectiveness, reducing line losses, and improving customer services.

Peshawar, Khyber, Swat, Bannu, Mardan, and Swabi Circles shall make up PESCO, while Hazara-l and Hazara-Il Circles shall make up HAZECO, with the new Company’s Headquarter located in Abbottabad.

PPMC will work with PESCO and HAZECO to successfully implement the bifurcation plan.

The announcement said that Power Division would be consulted on any points of contention between PESCO and HZECO about the execution of the aforementioned bifurcation.

It is important to note that the Pesco Board of Directors approved the separation of the Hazara division into two circles in 2015. (Abbottabad Circle & Mansehra Circle). For administrative reasons, the Pesco Hazara division’s division into two circles (Abbottabad circle and Mansehra circle) was allowed.

In its performance evaluation report of the XWDiscos for FY2021-22, released today by NEPRA, it was said that overall, the national exchequer suffered a financial loss of over Rs. 122.6 billion in FY 2021–22 as a result of the distribution companies’ failure to meet NEPRA targets. PESCO contributed more than Rs 64 billion to the losses.

Similar to this, 196 fatalities, including both employee and public deaths, happened across all distribution businesses during FY2021–2022. 39 deaths total, the majority of which were in PESCO.

Related Posts:

  • NEPRA is Reducing Line Losses thru Infrastructure Upgradation
    NEPRA is Reducing Line Losses thru Infrastructure…
  • PESCO Bill and Calculators
    PESCO Bill and Calculators
  • PESCO Bill Online 2023 | FREE Download Your Duplicate Bill
    PESCO Bill Online 2023 | FREE Download Your Duplicate Bill
Copyright © 2023 - LESCOBILLONLINE.NET, All Rights Reserved.
Privacy Policy | Disclaimer | Contact Us