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

Sales tax chaos: Hybrid vehicle makers halt production

17/08/2026

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

15/08/2026

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

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

byCT Report
13/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...

TPL Life expands Mobilink Bank partnership to offer Shariah-compliant insurance plans

byCT Report
12/08/2026

KARACHI: TPL Life Insurance Limited has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) to introduce unit-linked...

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.