ISLAMABAD: As part of the first phase of privatising electricity distribution companies (Discos), the Power Division has directed the companies to maintain detailed record of movable and immovable assets.
The CEOs of three major Discos —Islamabad Electric Supply Company (Iesco), Faisalabad Electric Supply Company (Fesco), and Gujranwala Electric Power Company (Gepco)—have been formally instructed to update and maintain asset registers, an official said.
This directive is part of the government’s broader efforts to prepare the companies for privatisation. Under the instructions, asset registers must be updated regularly, with a 15-day deadline for revisions or additions. This measure aims to ensure accuracy and reflect the current status of the companies’ holdings.
Financial advisers will be appointed soon to conduct an in-depth valuation of the assets, a critical step in determining the fair market value of the Discos. The Power Division has also mandated Discos to submit compliance reports on the implementation of these directives.
Force will consist of several specialized ranks, each equipped with distinct responsibilities and pay scales
Muzammil Aslam said that this achievement was particularly noteworthy given that country’s GDP growth had stalled
Meeting was attended by PDWP members and officials from relevant departments
All of top ten richest people as of March 1 are men, each of them is worth $118 billion or more
Demonstrations reflect a growing wave of discontent in both North America and Europe regarding Musk’s influential...
Balochistan CM briefed PPP chairman on security situation of his province
