ISLAMABAD: The government has requested $375 million loan from the World Bank to improve electricity supply and operational efficiency of distribution companies (Discos) in Hyderabad, Multan and Peshawar.

The Electricity Distribution Efficiency Improvement project has identified the Hyderabad Electric Supply Company (Hesco), Multan Electric Power Company (Mepco) and Peshawar Electric Supply Company (Pesco) for technical upgradations based on their needs and readiness to implement the project.

The three Discos account for highest power sector losses in the country and have failed to meet their investment requirements and provide reliable supply of electricity.

The project will improve access and reliability of power supply in the areas served by these Discos, says the World Bank project document.

The World Bank will likely approve the project in 2021 as the project appraisal has already begun.

Published in Dawn, June 11th, 2020

Opinion

Editorial

The whole truth
28 Sep, 2022

The whole truth

THE war on truth has never been more relentless than it is today. Authoritarianism is on the rise and purveyors of...
Real-world trolls
Updated 28 Sep, 2022

Real-world trolls

It's reprehensible how PTI supporters now seem convinced that politicians from opposing camps aren't entitled to basic dignity.
Islamabad wildlife
28 Sep, 2022

Islamabad wildlife

PRESERVING biodiversity is low on the list of priorities of both state and society. However, successful attempts at...
Noon leaks
Updated 27 Sep, 2022

Noon leaks

PMO audio leaks are a national security emergency that ought to be investigated at the highest level.
Cipher probe offer
27 Sep, 2022

Cipher probe offer

CONSIDERING the toxic political polarisation in the country, former prime minister Imran Khan’s suggestion that ...
Delaying Doha plans
27 Sep, 2022

Delaying Doha plans

WHEN Doha announced its intention to spend $3bn in different commercial and investment sectors of Pakistan around a...