Hyderabad Electric Supply Company
TypePublic utility
IndustryElectric power
PredecessorArea Electricity Board Hyderabad
FoundedApril 23, 1998 (1998-04-23)
Headquarters,
Pakistan
Key people
Muzafar Abbasi (CEO)
ParentAcquired: October 22 by Sindh Govt.
Websitehesco.gov.pk

Hyderabad Electric Supply Company (HESCO; Urdu: مشارکتِ برائے ترسیلِ برق حیدرآباد) is an electric distribution company that supplies electricity to the southern districts of Sindh in Pakistan, excluding Karachi.[1][2][3]

Current CEO of the company is Mr. Bashir Ahmed.[4][5]

Formation of the company

Hyderabad had an Area Electricity Board (AEB) as one of the eight AEBs constituted through amendments in WAPDA Act during 1981. Later on, as the Government of Pakistan approved the revamping of the Water and Power Development Authority (WAPDA) power sector in April 1998, the Hyderabad Electric Supply Company took over responsibilities of the Hyderabad Area Electricity Board. Hyderabad Electric Supply Company is owned and operated by WAPDA though. The company was incorporated on 23 April 1998 and certificate for commencement of business was obtained on 1 July 1998 from NEPRA under section 146(2) of Companies Ordinance 1984.[6]

As a result of revamping, 12 corporate entities, 8 distribution companies (DISCOs), 3 generation companies (GENSCOs) and 1 National Transmission and Dispatch Company (NTDC) company were formed. Under 8 DISCOs, Area Electricity Board (AEB) Hyderabad was one of them. Therefore, HESCO - Hyderabad Electric Supply Company came in to formation. Formerly known as Area Electricity Board (AEBH) Hyderabad.

See also

References

  1. "HESCO to regularise daily wage employees". The Nation. 2021-06-19. Retrieved 2021-08-06.
  2. Khan, Mohammad Hussain (2021-08-03). "Hesco probe into transformer blast, fire runs into snags". DAWN.COM. Retrieved 2021-08-06.
  3. "HESCO to end load-shedding in bill-paying areas". The Express Tribune. 2020-09-20. Retrieved 2021-08-06.
  4. "Jul 04, 2017 | New Hesco chief". Dawn. 2017-07-04. Retrieved 2022-07-20.
  5. "Hesco chief suspends officials during surprise visit to Sub Div offices". The Nation. 7 June 2022. Retrieved 2022-07-20.
  6. "Untitled Document". hesco.gov.pk. Retrieved 2022-07-20.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.