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 The funding is part of the Electricity Distribution Efficiency Improvement Project (EDEIP), designed to modernize outdated systems and enhance the operational and financial performance of […]
Peshawar Electric Supply Company (PESCO)
KP bleeds Rs583 million daily due to power theft and inefficiencies
Khyber Pakhtunkhwa is losing a staggering Rs583 million every day due to electricity theft and outdated systems, a new report by the Peshawar Electric Supply Company (PESCO) has revealed. Over the past 11 months, the province has lost a total of Rs193.4 billion, largely because of technical inefficiencies and illegal connections. Bannu district ranked the […]