Lesco History :Lahore Electric Supply Company is a electric supply company in Lahore, Pakistan. It was established in 1972 to provide power to areas of Lahore that were not serviced by the WAPDA, the national electric company.
LESCO History – Company Profile
The Lahore Electric Supply Company (LESCO) is the largest electric utility in Pakistan, providing power to more than four million customers in the Punjab Province. LESCO was established in 1952 as a wholly owned government enterprise. The company was privatized in 1992 and is now majority-owned by the Abraaj Group, a leading global private equity firm.
A LESCO service area includes the generation, transmission, and distribution of electricity. The company operates a number of thermal and hydroelectric power plants, as well as a large network of transmission and distribution infrastructure. LESCO is one of the few utilities in Pakistan that has a significant presence in both the urban and rural areas of the country.
Since its privatization, LESCO has made significant investments in upgrading and expanding its electricity grid. Also, power outages have been reduced and customer service has been improved. In recent years, LESCO has been working closely with the World Bank and other international organizations on projects to further improve the reliability and quality of its electricity supply.
The Expansion of LESCO
The Lahore Electric Supply Company (LESCO) has been in operation for over 50 years, providing electricity to the city of Lahore and its surrounding areas. In that time, LESCO has undergone a number of expansions and improvements in order to keep up with the growing demand for electricity in the region.
Some of the most notable expansion projects undertaken by LESCO include the following:
- The construction of a new 220kV grid station in 1997
- The installation of a new 500kV transmission line in 2001
- The addition of a second 500kV transmission line in 2004
- The construction of a third 500kV transmission line in 2007
These expansion projects have helped to greatly improve the reliability of the electricity supply in Lahore and have allowed LESCO to meet the ever-growing demand for electricity in the city.
Achievements of LESCO
The Lahore Electric Supply Company (LESCO) has been working hard to improve the quality of life for its customers and the citizens of Lahore. In recent years, LESCO has made significant progress in improving the electric grid, reducing outages, and improving customer service. Here are some of the highlights:
- In 2013, LESCO completed a major upgrade of its electric grid, which has resulted in fewer outages and improved service quality for customers.
- In 2014, LESCO launched a new customer portal which has improved customer service and communication.
- In 2015, LESCO installed over 1,000 Automated Meter Reading (AMR) devices to improve billing accuracy and efficiency.
- In 2016, LESCO reduced average power outages by 50% compared to 2015.
In recent years, LESCO has achieved a number of impressive achievements. With continued progress, LESCO will continue to improve the quality of life for its customers and the citizens of Lahore.
Lesco History Timeline
1949:The Lahore Electric Supply Company (LESCO) is established
1955:LESCO takes over the operations of the Karachi Electric Supply Corporation (KESC)
1998: LESCO is privatized and becomes a public limited company
2001: LESCO becomes a subsidiary of the Pakistan State Oil (PSO)
2006: LESCO is acquired by the Abraaj Group
2013: The Abraaj Group sells its majority stake in LESCO to a consortium of Pakistani and Chinese investors