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Pesco BoD okays one month salary as bonus for employees.

PESHAWAR -- The 110th meeting of Pesco Bord of Directors was held at Wapda House Peshawar with Chairman BoD Pesco Malik Muhammad Asad Khan in the chair.

Company Secretary presented Minutes of 109thBOD meeting which were approved after detailed discussions.

Pesco BoD discussed the measures taken to make Pesco a profitable entity. Due to guidance of BoD Pesco succeeded to reduce line losses, while recovery was also increased. We have to make it a Consumer Friendly Company Chairman said adding that putting Pesco on the path of success should be the only aim of every Pesco official.

Chairman BoD said that Board will extend its cooperation to Pesco to achieve the given targets. We have to reduce its Line Losses and improve the Recovery. BoD hailed reduction in Line Losses by 2.5% and Recovery increased by 92%. BoD approved one month salary for Pesco Employees as Bonus, which was welcomed by Pesco employees and vowed that they will work hard and with devotion to increase Recovery and reduce Line Losses.

BoD approved purchase of 1168 distribution transformers of 200 KVA and 9765 Steel structures a comprehensive briefing was also given to BoD about the Photo Meter Reading and BoD directed for the 100% implementation of it as early as possible.

Chief Executive Pesco Anwar UlHaqYousafzai gave a comprehensive Presentation to the board about Pesco's performance and said that Pesco's Line Losses during have been decreased by 2.5% and Increased Recovery by 92% due to efforts of Pesco staff.

CEO vowed that he will do his best for the betterment of the Company.He said Pesco employees have to be efficient in resolving consumer's complaints. Similarly public is also requested to remove kundas, so that they can benefit from the relief given in load shedding like good areas.

A number of other managerial and administrative matters on the agenda were also approved.

Board Members including Chief Executive Pesco Anwar UlHaqYousafzai, Syed Musawar Shah, Iftikhar Ahmad Khan, Dr.Amjad Ullah Khattak, Qamar Uzaman, Nimat Ullah Abid, Chief Engineer Shabir Ahmad, Chief Engineer Operation Muhsin Raza, Chief Engineer PMU Dr.Muhammad Amjad, Director General PR Shaukat Afzal, Director General HR Muhammad Saleem Jahangir, Finance Director Yasir Naseem, Secretary Board Khurshid Ahmad, Director MM IltafUmerzai attended the meeting.

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Publication:Frontier Post (Peshawar, Pakistan)
Date:Sep 11, 2016
Words:423
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