Home ยป Govt Restructures Boards of Four More DISCOs
The federal government has dissolved the boards of four additional state-owned electricity distribution companies (DISCOs) and appointed new boards as part of its ongoing restructuring initiative.
To date, nine out of the eleven DISCOs in the country have undergone restructuring. The latest DISCOs affected are Gujranwala Electric Power Company (GEPCO), Quetta Electric Supply Company (QESCO), Peshawar Electric Supply Company (PESCO), and Tribal Electric Supply Company (TESCO).
The newly appointed board members will serve for a three-year term. The changes were recommended by the Board Nominations Committee, which operates under the supervision of the Energy Minister. This recommendation followed an evaluation of the current boards’ performance. Previously, the boards of FESCO, IESCO, MEPCO, and LESCO were reconstituted shortly after the Federal Cabinet approved the formation of new DISCO boards on June 24.