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Pesco for reducing deficit, line losses

byCT Report
10/12/2015
in Business
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PESHAWAR: With the aim to decrease deficit and line losses, the Peshawar Electric Supply Company (Pesco) Thursday organised a workshop at Rural Academy in the provincial capital.

Pesco Board of Directors’ Chairman Malik Muhammad Asad Khan presided over the event, while BoD Members Col (R) Alam Zeb, Iftikhar Ahmad Khan, Musawar Shah, Qamar Zamnan, Pesco Chief Executive Syed Hassan Fazil, General Manager Finance Anwar Ul Haq Yousafzai, General Manager Niaz Ahmad, Chief Commercial Officer Dr Amjad Khan, DG Public Relations Shaukat Afzal, DG HR Muhammad Salim Jahangir, DG Admin & Services Said Khan Mahsud, Company Secretary Khurshid Ahmad Orakzai, Director Legal Raja Ishtiaq Ahmad, all SEs, XENs and SDOs participated in the workshop and discussed different matters and experiences in the forum to make Pesco a profit earning entity.

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The Pesco BoDs specially its chairman listened to the problems of SEs, XENs & SDOs and issued directions in this regard on the spot.

On this occasion, Town-II SDO Kashif Farhan talked about the situation boldly for which the BoD Chairman granted him a reward of Rs10,000 from his own pocket. In reducing line losses and increasing recovery ranking was made and according to this Peshawar Circle stood 1st, Khyber Circle 2nd and Bannu Circle stood 3rd.

Similarly, Peshawar City Division stood 1st, Peshawar Cantt stood 2nd and Hangu Division stood 3rd, while Gul Bahar sub division stood 1st, Peshawar Cantt sub division stood 2nd and Yar Hussain sub division stood 3rd in reducing line losses and increasing recovery.

SE Peshawar Circle, Khyber Circle, Swat Circle, Mardan Circle, Hazara Circle and Bannu Circle, XENs, SDOs also addressed on this occasion.

The speakers proposed several suggestions for the improvement of Pesco and its employees. In the workshop important ideas and proposals were launched which for strengthening Pesco’s operations and increase its operational efficiency.

The BoD chairman said he will extend full co-operation to the officers and officials in reducing Pesco deficit which he said has already been reduced from Rs34 billion to Rs16 billion, adding, if line losses were decreased and recovery increased on this ratio in the next financial year, Pesco will be deficit free.

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