Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Pesco decreases financial deficit by 52%

byCT Report
03/01/2016
in Business
Share on FacebookShare on Twitter

PESHAWAR: The Peshawar Electric Supply Company (Pesco) has announced to reduce its financial deficit by 52 per cent and showed determination to overcome line losses and improve recovery.

This was claimed by Pesco officials while speaking at the 103rd meeting of the utility’s Board of Directors at Hattar Industrial Estate, presided over by BoD Chairman Malik Mohammad Asad Khan.

You might also like

Pakistan cuts mango export target by 30,000 tons as Mideast crisis disrupts markets

02/06/2026

Pakistan plans capital gains tax on cryptocurrency transactions in Budget 2026-27

02/06/2026

Speaking on the occasion, Asad Khan said controlling line losses and improving recovery of dues was a must to ensure smooth power supply to consumers, particularly to the industrial sector. “We are taking keen interest in solving problems of industrialists as they are the main source of Pesco’s revenue,” he assured. He said it was necessary to improve Pesco’s performance and develop it as a consumer-friendly company.

Hattar Industrial Association’s representatives appreciated holding of Pesco meeting at the industrial estate, and presented a charter of demands, including upgrading transmission line of Hattar grid station, replacement of 45-feet structures with 55-feet structures, installation of bigger power transformers, bifurcation of feeders and establishment of a complaint office at the estate.

Related Stories

Pakistan cuts mango export target by 30,000 tons as Mideast crisis disrupts markets

byCT Report
02/06/2026

ISLAMABAD: Pakistan’s mango exporters have cut this year’s export target by 30,000 tons, or nearly 30 percent, warning that conflict-related...

Pakistan plans capital gains tax on cryptocurrency transactions in Budget 2026-27

byCT Report
02/06/2026

ISLAMABAD: The federal government is planning to impose a capital gains tax (CGT) ranging from 10% to 30% on cryptocurrency...

LPG price increases by Rs4.95 per kg

byCT Report
01/06/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased the price of LPG (liquefied petroleum gas). According to an...

President summons NA, Senate budget sessions on June 5

byCT Report
30/05/2026

ISLAMABAD: President Asif Ali Zardari has summoned sessions of the National Assembly and Senate on June 5, with both houses...

Next Post
Housing market concept image with graph and toy house

Punjab govt signs MoU with Turkey for construction of 50,000 low-income housing

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.