Sunday, 27 May 2012

USAID report: Iesco faces governance issues Power Distribution Improvement Programme (PDIP)

ISLAMABAD, May 26: The Islamabad Electric Supply Company is facing the governance issue, which is impeding its transition to a business-like electric utility, according to a report submitted to the Planning Commission by USAID.

The report has been prepared by the International Resource Group for the three-year project of Power Distribution Improvement Programme (PDIP) financed by USAID.

“The company remains subject to political interference, and the Board of Directors has not been

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