The government has invited investors to submit bids for the privatization of three major electricity distribution companies as part of efforts to reform Pakistan power sector and reduce mounting circular debt. According to official documents, the government plans to sell 51 to 100 per cent shares in Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power […]
GEPCO
NEPRA fines power companies Rs57.5m over electrocution deaths
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has imposed a total fine of Rs57.5 million on three power distribution companies following fatal electrocution incidents that claimed 30 lives during the 2023–24 fiscal year. According to NEPRA, Lahore Electric Supply Company (LESCO) was fined Rs30 million, Gujranwala Electric Power Company (GEPCO) Rs17.5 million, and Faisalabad […]