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96th meeting of (FESCO) Faisalabad Electric Supply Company Board of Directors (BODs) held here with Nadeem Aftab Sindhu in the chair. The Board meeting unanimously sanctioned the electricity related development works to be executed with the loan of Asian Development Bank (ADB).
The Board was told that banks has given 23.29 million for first and 19.23 million dollar loan for second phase for the electricity related development works. In this connection various grid stations and transmission line are up-graded in order to ensure uninterrupted electricity supply to the agricultural, industrial, commercial and domestic consumers. The board also approved the purchase of 11-KV switch gear panels, circuit breakers and bus insulators.
The board also approved the electrification of Danish School for (boys and girls campus) "Hamoli" district Mianwali with Rs 35 million. The board also approved external electrification of Punjab government servants housing scheme which is being constructed on Satiana Road.
The board also approved to hire the services of a legal and corporate company for the FESCO. The meeting was also attended by CEO, FESCO Engr Iftikhar Ahmed, Malik Asghar Ali Qasir, Rana Muhammad Mushtaq, Muzamil Sultan, Wasif Majeed, Balqees Akhter, Shahid Raza, Dr Iqrar Ahmed and Saifaullah.

Copyright Business Recorder, 2012

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