The National Electric Power Regulatory Authority (NEPRA) has imposed a hefty fine on Hyderabad Electric Supply Company (HESCO) for causing power outages and financial losses. NEPRA announced the penalty as part of its strict action against electricity companies violating regulations. According to the NEPRA decision, HESCO will have to pay a daily fine of one […]
Hyderabad Electric Supply Company (HESCO)
World bank injects $55M to digitally upgrade Pakistan’s power discos
The World Bank has approved an additional $55 million in financing to support Pakistan’s power sector reforms, specifically targeting Hyderabad Electric Supply Company (HESCO) and Peshawar Electric Supply Company (PESCO). The funding is part of the Electricity Distribution Efficiency Improvement Project (EDEIP), designed to modernize outdated systems and enhance the operational and financial performance of […]