Pakistan Electric Power Company (), colloquially known as PEPCO, is a holding company that monitor's and coordinates Pakistan's
Distribution Companies (DISCOs) and used to operate as a division of the
Ministry of Water and Power (Pakistan)
The Power Division of the Ministry of Energy is an administrative and bureaucratic department to oversee the policy matters in electricity generation, grid transmission, and power distribution nationwide. The division was organized as a dedicate ...
.
History
PEPCO was incorporated in 1998 in pursuance of the “Strategic Plan for Restructuring of Pakistan Power Sector” to facilitate the transition process in WAPDA power wing and effective corporatization of new entities after unbundling of
WAPDA
The Pakistan Water & Power Development Authority (), colloquially known as WAPDA, is a Pakistani government-owned public utility agency maintaining hydropower and water in Pakistan, although it does not manage thermal power plants. WAPDA includes ...
. In pursuance of this mandate, PEPCO signed a memorandum of agreement (MoA) with WAPDA for a period of 2 years. In its defined role, PEPCO is responsible for assisting the
Ministry of Energy (Power Division)
The Ministry of Energy (, ''Trans.'' ''Wazarat-e-Tawanai'', abbreviated as: MoE) is an executive ministry of the federal Government of Pakistan that is charged with implementation of the national energy policy and energy production and electri ...
,
Government of Pakistan
The Government of Pakistan () (abbreviated as GoP), constitutionally known as the Federal Government, commonly known as the Centre, is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, con ...
in effectively monitoring and oversight of the Distribution Companies (DISCOs)
In 2000, WAPDA transferred power distribution companies to Pakistan Electric Power Company (PEPCO) under a reorganization plan of power sector in Pakistan.
Ten years after its initial dissolution PEPCO was revived in 2020 as a "Managing Agent" of utility distribution companies in Pakistan.
In 2021, the headquarters of PEPCO was shifted to Islamabad from Lahore, and it was decided to rename it as ''Power Planning and Monitoring Company''.
Subsidiaries
The following companies came under PEPCO:
*
Distribution companies (DISCOs)
*
Generation companies (GENCOs)
Generation companies (GENCOs) are companies responsible for power generation in Pakistan. They are part of Pakistan Electric Power Company
Pakistan Electric Power Company (), colloquially known as PEPCO, is a holding company that monitor's and coo ...
*
Power Information Technology Company
References
Government-owned companies of Pakistan
Companies based in Lahore
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