Islamabad Electric Supply Company

Summary

Islamabad Electric Supply Company (IESCO) (Urdu: مشارکتِ برائے ترسیلِ برق اسلام آباد) is an electric utility company in Islamabad, incorporated in 1998.[1][2] It is under the ownership of the Government of Pakistan.

Islamabad Electric Supply Company
Company typePublic utility
IndustryElectric power
Founded1923: Rawalpindi Electric Power Company
1998: Islamabad Electric Supply Company
Headquarters,
Pakistan
Key people
Engr. Dr. Muhammad Amjad Khan (CEO)
Websiteiesco.com.pk

History edit

Islamabad Electric Supply Company was founded as Rawalpindi Electric Power Company (REPCO) in 1923 during British India-era.[3][4] In 1972, the company was nationalized and subsequently was taken over by the Government of Pakistan.[5] It was publicly listed on Karachi Stock Exchange until 1985 when it was de-listed from the exchange.[6]

IESCO was formed in 1998 to take over the assets, functions and responsibilities of the erstwhile Islamabad Area Electricity Board, which was then a division of WAPDA.

IESCO's core function is to supply, distribute and sell electricity in the area from Attock to Jhelum, and from the river Indus to River Neelum in Kashmir. It serves 2.8 million consumers directly, but touches the lives of more than 25 million people living in the 6 districts it services.[1]

References edit

  1. ^ a b Raza, Syed Irfan (June 11, 2012). "Islamabad to produce own electricity". DAWN.COM.
  2. ^ "Company Overview of Islamabad Electric Supply Company Limited". www.iesco.com.pk. Retrieved 1 January 2019.
  3. ^ "How we got here | Political Economy | thenews.com.pk". The News International.
  4. ^ Government Sponsored Corporations and Other Institutions. 1979. p. 206.
  5. ^ "Rawalpindi Electric Power Company history".
  6. ^ "De-listed companies" (PDF).

External links edit

  • IESCO