Funding strategy devised for PEDO
Peshawar
May 8, 2021
PESHAWAR: The policy board has approved the business model for the Pakhtunkhwa Energy Development Organization (PEDO) to make the organization sustainable and profitable by minimizing dependency on the government exchequer for new projects funding.
The 7th meeting of the PEDO Policy Board was held here on Friday with Chief Minister Mahmood Khan in the chair, said an official handout. Additional Chief Secretary Shakil Qadir, Secretary Energy & Power, Muhammad Zubair, PEDO Chief Executive Officer, Naeem Khan, and other members of the board were there.
Under the business plan, a workable funding strategy has been devised for PEDO for arranging funds for its upcoming projects through various sources.