PESHAWAR: The Power Division has commended the Peshawar Electric Supply Company for its performance and significant reforms during the currentHscalyear.
At a meeting held at the Power Division, both the minister and the secretary power expressed appreciation to chairman Pesco board of directors Himayatullah Khan and his team for the strides made by the company in improving operational efficiency and service delivery, according to a statement issued here on Tuesday.
Power Division added that if current trend continued, there was strong likelihood that the transmission and distribution and recovery targets set for Pesco till June 2025 might be achieved.
It said Pesco had achieved a noticeable reduction in transmission and distribution (T&D) losses bringing the figure down to 34.73 per cent in the current fiscal year from 36.02pc in the previous year. Simultaneously, revenue collection surged to an impressive 88.73pc, reflecting enhanced operational efficiency and consumer compliance thus improving financial health of the company.
Notably, during March 2025 alone, T&D losses were reduced and revenue recovery improved by 4pc compared to the same month in the previous year.
As a result, financial losses dropped significantly to Rs8.06 billion in March 2025 from Rs12.06 billion in March 2024 a testament to the effectiveness of reforms.