IESCO recovery teams have received full cooperation from FIA, police and other institutions.
Islamabad: IESCO’s recovery teams have demonstrated excellent performance. In line with directives issued by the Government of Pakistan and Federal Minister of Energy (Power Division) Sardar Awais Ahmed Khan leghari IESCO intensified its operations against defaulters in all operation circles. During the ongoing crackdown, IESCO’s recovery teams have demonstrated excellent performance by recovering dues of 2697.25 million from 105469 running and dead defaulters. IESCO recovery teams have received full cooperation from FIA, police and other institutions. Chief Executive Officer IESCO Dr Muhammad Amjad Khan has reiterated the commitment to continue the recovery drive without coming to any pressure and ensure the recovery of each unit used by defaulters.
Read More: IESCO’s Operations Against Electricity Pilferers Continued
Islamabad Electric Supply Company (IESCO) is an electric utility company in Islamabad, incorporated in 1998. It is under the ownership of the Government of Pakistan.
History
Islamabad Electric Supply Company was founded as Rawalpindi Electric Power Company (REPCO) in 1923 during British India-era. In 1972, the company was nationalized and subsequently was taken over by the Government of Pakistan. It was publicly listed on Karachi Stock Exchange until 1985 when it was de-listed from the exchange.
IESCO was formed in 1998 to take over the assets, functions and responsibilities of the erstwhile Islamabad Area Electricity Board, which was then a division of WAPDA.
IESCO’s core function is to supply, distribute and sell electricity in the area from Attock to Jhelum, and from the river Indus to River Neelum in Kashmir. It serves 2.8 million consumers directly, but touches the lives of more than 25 million people living in the 6 districts it services.
IESCO’s recovery teams have demonstrated excellent performance
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