AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

Faisalabad Electric Supply Company (Fesco) is spending Rs 1.3 billion on the repair and maintenance of transmission and distribution lines in Fesco region while transformer of 40-MBA capacity will become functional in M3 Industrial Estate during next month. "It will help in disposing off all pending applications for new electricity connections", said CEO Shafiq-ul-Hassan of the Fesco.

Addressing the business community in Faisalabad Chamber of Commerce & Industry (FCCI) here on Tuesday, he said the government has offered flat rate on additional consumption of electricity during four months of winter season. He hoped that the industrial sector will fully utilize this facility and play its role in enhancing exportable surplus.

Underlining the importance of electricity, he said that it is prerequisite to generate much needed economic activity and now it is very encouraging that we have surplus electricity in the country which must be utilized to further strengthen the national economy. He endorsed the idea of President FCCI that Sub-Divisional Offices (SDO) are the true face of the Fesco and hence, its response to public complaints must be expedited. The CEO said that work on this project has already been started and people will see a phenomenal and positive improvement in the response of SDO's. He further said that all SDO's have been directed to attend public complaints at any time. However, the SDOs failing to attend public complaints immediately would be taken to task. He was appreciative of the positive trend of local consumers and said that they are efficient in making payment of their bills. However there are 2 percent consumers who are habitual in making late payments and in order to bring them on right path, we have to cut down their connections in according to Nepra (National Electric Power Regulatory Authority) rules.

About Kohinoor Plaza, he said that it is a chronic issue; however, it would be resolved in accordance to the court verdict. About delay in installments of new electricity meters, he said that he is trying to make this system online. "Everyone will get electricity meters within 32 to 35 days", he assured. Regarding renewable energy Shafiq-ul-Hassan said that the share of it is only 4 to 5 percent in our total production. He said that government is working on a proposal to increase its share up to 15 to 20 percent by the year 2025. About waste to energy project, he said that we could not encourage this project because of increasing pollution.

Former President FCCI Mian Javaid Iqbal, Engineer Rizwan Ashraf, Vice President Bilal Waheed, Kashif Zia, Sheikh Yaseen, Tanveer Riaz , Tahir Ayub, Dr. Sajjad Arshad, Khadim Hussain Maan, Amir Nisar, Sana Ullah Khan Niazi, Hajji Talib Hussain Rana, Mirza Muhammad Shafique, Rana Shahid and other executive members also took part in the question-answer session. Later former president Ayub Sabir presented a FCCI shield to Shafiq-ul-Hassan Chief Executive Officer of the Fesco.

Copyright Business Recorder, 2019

Comments

Comments are closed.