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

Pakistan

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

Company Name Region
Bright Eagle Enterprises Group Limited Middle East/Africa
Central Power Generation Company Limited Middle East/Africa
Faisalabad Electric Supply Company Limited Middle East/Africa
Fauji Kabirwala Power Company Limited Middle East/Africa
Genertech Pakistan Ltd Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Faisalabad Electric Supply Company Limited, please visit --. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.