Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

September 04, 2015 9:55 PM 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 2015.

Faisalabad Electric Supply Company Limited Key Developments

Faisalabad Electric Supply Company Issues Shutdown Program

The Faisalabad Electric Supply Company on September 1, 2015 issued shutdown program for necessary repair, maintenance and expansion of electricity lines. According to the program issued by the company, power supply from Five-Star feeder emanating from 132-KV Bandala grid station, Meema, Anjum and Rafi Cotton feeders originating from 132-KV Shahkot grid station will remain suspended from 9:00 a.m. to 3:00 p.m. while Bagaywala feeder emanating from 132-KV Nishatabad grid station will observe shutdown from 8:00 a.m. to 2:00 p.m. on September 2, 2015.

Govt Reportedly Delays Privatization Of Power Distribution Firms

The government has reportedly pushed back its privatization plan for all power distribution companies by almost a year, raising doubts about plans to privatize the loss-making state enterprises, a report in the local media said on July 4, 2015. Against the original plan to sell Faisalabad Electric Supply Company Limited (FESCO) by August 2015, the government has delayed the strategic sale till March 2016, according to a latest report of the International Monetary Fund. The privatization of Lahore Electric Supply Company Limited (LESCO) and Islamabad Electric Supply Company Limited (IESCO) had been planned for October of 2015, but the timeline was first revised to December and now has been delayed for another six months to June next year, showed the report. The proposal of privatising power distribution companies drew the wrath of senators who demanded on August 6, 2015 that it should not be done without taking all the stakeholders into confidence. The issue came under discussion during a debate on a public petition. Senate members simply rejected the proposed privatisation of power distribution companies including Lahore Electric Supply Company, Faisalabad Electric Supply Company and Islamabad Electric Supply Company. Labour union leader Khursheed Ahmed had filed the petition which said: "The proposed privatisation of profitable electricity companies i.e. LESCO, FESCO and IESCO without thrashing out its pros and cons in consultation with the representatives of CBA Union and other stakeholders would possibly lead to increase in electricity prices and eruption of inter-provincial disputes like water distribution." Wrapping up the debate, State Minister for Interior Baleeghur Rehman assured the house that all the stakeholders would be taken on board.

Update on Privatisation Of Pakistan Power Distribution Firms

Pakistan Government is planning to sell stakes in the firms by end of December 2016. The government is looking to divest 18.29% stake in Mari Petroleum Company Limited (KASE:MARI) by end-September 2015, sale of 10-15% shares of Pak Arab Refinery Limited by end December 2015, strategic and asset sale of Northern Power Generation Company Limited by end-December 2015, sale of 40.25% shares of Kot Addu Power Co. Ltd. (KASE:KAPCO) by December 2015, sale of 26% shares of Pakistan International Airlines Corporation (KASE:PIAA) by end December 2015, strategic and asset sale of Faisalabad Electric Supply Company Limited beyond March 2016, strategic and asset sale of Jamshoro Power Company Limited by April 2016, strategic and asset sale of State Life Insurance Corporation of Pakistan Limited by end June 2016, strategic and asset sale of Islamabad Electric Supply Company Limited and Lahore Electric Supply Company Limited by end June 2016.

Similar Private Companies By Industry

Company Name Region
Jamshoro Power Company Limited Middle East/Africa
Saba Power Company (Private) Limited Middle East/Africa
Multan Electric Power Co., Ltd. Middle East/Africa
Central Power Generation Company Limited Middle East/Africa
Bright Eagle Enterprises Group Limited Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

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
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Faisalabad Electric Supply Company Limited, please visit --. Company data is provided by Capital IQ. 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