New Pesco chief vows to improve company's financial health

02 Mar, 2008

The newly appointed Chief Executive of Peshawar Electricity Supply Company (Pesco) Mohammad Qasim Khan has expressed dissatisfaction over the performance of the company and gave new targets to the officials to bring the Pesco out of the financial crisis.
He said this while presiding over his maiden meeting of the Superintending Engineers (SEs) of the company at Wapda House here on Saturday. He vowed to introduce radical changes, saying that he would not follow conventional methods for improvement in the financial health of the company.
He said changes in the company must be visible at all levels. The purpose of the meeting was to give fresh targets to the Pesco officials It also reviewed the pace of progress on reduction of line losses, recovery and provision of facilities to the customers during the last six months.
Chief Engineer (Operation) Jehanzeb Khan, Chief Engineer (Technical) Nawaz Ali Khan, Chief Engineer (Customer Services) Mohammad Wali, Finance Director Anwarul Haq Yousafzai and senior Pesco officials attended the meeting.
The meeting particularly identified re-routification, power pilferage, power theft, defective power meters ERO, which are currently running on the site, two-leg transformers, preparation of defaulters' list, feeders maintenance and combing as factors responsible for financial losses of the company. He chalked out a strategy to improve these factors, causing financial losses to the company.
Field officers and staff were given targets of days and weeks to achieve these goals. He said eight months of the current fiscal year had already passed and only four months were left, and urged the officers and staff to work day and night to achieve the given targets during these four months.
He said he believed that only teamwork would put the Pesco on the right track. Those who did not believe in these basic principles would find no place in the company, he added. He directed all the officers and staff to be positive, faithful, polite to the consumers, otherwise stern action would be taken against them.

Read Comments