January 20, 2017 7:06 AM ET

Electric Utilities

Company Overview of Faisalabad Electric Supply Company Limited

Company Overview

Faisalabad Electric Supply Company Limited operates as an electricity distribution and supply company in Pakistan. The company generates power from water and power development authority and serves customers in the central region of Punjab. Faisalabad Electric Supply Company Limited was founded in 1998 and is based in Lahore, Pakistan.

325 Wapda House

Shahrah -e- Quaid -e- Azam

Lahore,  54000


Founded in 1998

Key Executives for Faisalabad Electric Supply Company Limited

Chief Executive Officer
Compensation as of Fiscal Year 2016.

Faisalabad Electric Supply Company Limited Key Developments

Government of Pakistan Never Concluded The Privatization Of Faisalabad Electric Supply Company

The Government of Pakistan has never concluded the privatization process of Faisalabad Electric Supply Company Limited after inviting the statements of qualifications from prospective investors.

Government Seeks For IPO

The Privatization Commission has initiated process for Initial Public Offering of Faisalabad Electric Supply Company Limited as the government decides to reactivate its privatization program.

Government To Sell Stake In Kot Addu Power

Nawaz Sharif, Prime Minister, Pakistan has put the planned strategic sale of power distribution and generation companies to a halt and now shares of these companies will be floated on the stock exchange. The Privatization Division proposed that the process should be initiated for the listing of shares of qualified power distribution companies through an IPO on the stock exchange where it was found applicable and feasible. Senate panel defers voting on Heavy Electrical Complex (Pvt.) Ltd sell-off report. Consequently, the cabinet body directed the Privatisation Division to start the process of floating shares of the Faisalabad Electric Supply Company and Islamabad Electric Supply Company in the first phase in order to ensure larger participation of the general public. It also decided that the government would keep control and management of the power companies. Moreover, all existing boards of the companies would continue to function.

Similar Private Companies By Industry

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Bright Eagle Enterprises Group Limited Middle East/Africa
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Faisalabad Electric Supply Company Limited Middle East/Africa
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Genertech Pakistan Ltd Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

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