IESCO Increases Recoveries by Rs. 10.75 Billion Despite COVID-19
The Islamabad Electric Supply Company (IESCO) has reported monumental growth in recoveries between July 2020 and April 2021, recouping an excess of Rs. 10.75 billion as compared to the previous year.
Sharing the details with the press, CEO Chaudhry Abdul Razaq revealed that an amount of Rs. 120.223 billion had been recovered from the government and private consumers through utility bills last year. However, in the current fiscal year, a sum of Rs. 130.976 billion was recovered from the consumers, registering an increase of Rs. 10.75 billion.
He claimed in a statement that the recoveries from government institutions and private consumers remained the top priority of IESCO.