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Four megawatt power purchase agreement has inked between Faisalabad Electric Supply Company (FESCO) and Noon Sugar Mill Bhalwal. Chief Executive Officer (CEO) of FESCO, Rashid Ahmed Aslam, Chief Financial Officer Zahid Hassan and Chief Commercial Officer Sardar Masood Iqbal and Chief Operating Officer Noon Sugar Mills, M Sohail Khokar, Resident Director Naveed Akhtar and DGM (Electrical) Saif-au-Rehman signed the agreement and later documents were exchanged. During his speech CEO, FESCO Rashid Ahmed Aslam appreciated this agreement and said that such Power Purchase Agreements would be helpful to overcome the current energy crisis.

Copyright Business Recorder, 2016

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