At a time when the government was expected to appoint new and professional Chief Executive Officers (CEOs) at the loss making power distribution companies (DISCOs), a regressive step was taken by granting extension in service of two incumbent CEOs.
An official source said that the incumbent CEO of Lahore Electric Power Company (LESCO), Sharafat Ali Sial, who retired after a long service was given two year extension in service by the Prime Minister, while the CEO of Islamabad Electric Power Company (IESCO) was given an extension till April 2013. CEO of IESCO Javed Pervez had not retired but given extension meaning that no new CEO will be appointed till that date.
The source said that the summaries in extension were moved by the Ministry of Water and Power under pressure from the Prime Minister House. The ministry is also under pressure to recommend extension of CEO of Sukkur Electric Power Company (SEPCO), Mir Musa Bahar.
