The Authority

WAPDA, the Pakistan Water and Power Development Authority, was created in 1958 as a Semi-Autonomous Body for the purpose of coordinating and giving a unified direction to the development of schemes in Water and Power Sectors, which were previously being dealt with, by the respective Electricity and Irrigation Department of the Provinces.

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Since October 2007, WAPDA has been bifurcated into two distinct entities i.e. WAPDA and Pakistan Electric Power Company (PEPCO). WAPDA is responsible for water and hydropower development whereas PEPCO is vested with the responsibility of thermal power generation, transmission, distribution and billing. There is an independent Chairman and MD (PEPCO) replacing Chairman WAPDA and Member (Power) who were previously holding the additional charges of these posts. WAPDA is now fully responsible for the development of Hydel Power and Water Sector Projects. PEPCO has been fully empowered and is responsible for the management of all the affairs of corporatized nine Distribution Companies (DISCOs), four Generation Companies (GENCOs) and a National Transmission Dispatch Company (NTDC). These companies are working under independent Board of Directors (Chairman and some Directors are from Private Sectors). The Companies are administratively autonomous and leading to financial autonomy by restructuring their balance sheets by bringing their equity position to at least 20 percent, required to meet the prudential regulations and to facilitate financing from commercial sector (approved by ECC). The Loan Liability Transfer Agreements (LLTA) has been signed with Corporate Entities and execution of loan transfer is complete. All Entities have the physical possessions of all their operational assets. On 24th Feb. 2007 Ministry of Water & Power notified NEPRAapproved Tariff for all Distribution Companies replacing unified WAPDA Tariff. Legal Agreements such as Business Transfer Agreements, Operation Development Agreement, Energy Supply Agreement, Business Supplementary Agreement and Fuel Supply Agreement etc. were executed between WAPDA and Corporate Entities to facilitate commercial operations.

Regulatory instruments like Grid Code, Distribution Codes, Performance Standard for Distribution Companies and Transmission Companies were drafted and got approved from ( in 2007. All major lenders gave their consent for transfer of their loan from WAPDA to Corporate Entities, thus 326 loan assumption agreements were signed amongst respective Companies, WAPDA and EAD (Economic Affairs Division) GOP. CPPA is established under the coverage of NTDC for payments from DISCOs to IPPs, GENCOs and NTDC. Ultimately, it will function independently under Federal Govt. and all forthcoming IPPs will be under CPPA.

The Charter of Duties of WAPDA is to investigate, plan and execute schemes for the following fields: a. Generation, Transmission and Distribution of Power. b. Irrigation, Water Supply and Drainage. c. Prevention of Water logging and Reclamation of Waterlogged and Saline Lands. d. Flood Management. e. Inland Navigation. The Authority comprises of a Chairman and three (3) Members working through a Secretary. WAPDA is one of the largest employers of human resources in Pakistan. Over the years WAPDA has built-up a reservoir of Technical know-how and expertise which has made it a modern and progressive organization.

WAPDA Authority
Mr. Tariq Hamid

Mr. Ch Abdul Qadeer

Member (Finance)
Mr. Fazal A. Khan

Member (Power)
Mr. M. Mushtaq Ch.

Member (Water)

Board of Directors FESCO

Mr. Muhammad Asghar Qureshi

Mr. A. Mannan Mr. Rashid Ali Mr. Ahmad Saeed Akthar

Mr. S. H. Zaidi

Mr. A. Rehman

CEO/ Director
Mr. Salman Iqbal




Finance Director Mr. Izhar-ul-Haq

Abdul mannan Mr. Muzaffar Abbas Bankers National Bank of Pakistan Habib Bank Limited United Bank Limited Muslim Commercial Bank Limited Allied Bank Limited Auditors Ford Rhodes Sidat Hyder & Company Registered Office 325-Wapda House. Zaidi Mr. Rashid Ali Mr. Shan H. . Muzaffar Abbas Director's Audit Committee (Constituted in compliance with Code of corporate Governance) Chairman Member Member Secretary Mr. Shahrah-e-Quaid-e-Azam.Company Secretary Mr. Lahore.

14. 9. 11. 13. 10. 2. 4. 5.# Description page# 1. 3.Table of contents Sr. 7. 6. 12. Introduction Vision & Mission Organizational Structure Goals and Targets Importance Activities Consumers Departments Functions of Departments Tariffs and tariff categories Pattern of Shareholding Feel of Customers Findings Recommendations . 8.

1998.Singh districts. As a result of Wapda corporatisation and commercialization process.S.T Divisions and 01 P&I Division. By and by.) was incorporated as a non-listed public limited company. Construction wing has two further bifurcations like construction of projects of 11KV and below network and 132KV and 66KV network. Transmission and Distribution of Electric Power Act. Divisional Operations are managed by Deputy Managers and Sub Division Operations are managed by Assistant Managers. Sargodha. 04 S. All policy guideline and financial support used to be coming from Wapda. Construction and GSO whereas. 19 Operation Divisions. Mianwali.Introduction FESCO distributes and supplies electricity to about 2. Assets and Liabilities of Wapda. Circle Operations are managed by Managers. FESCO has two Construction Directorates. Geographical service area of FESCO comprises Faisalabad. FESCO jurisdiction covers approximately 47. its former Electricity Area Boards were transformed into companies. Jhang.). FESCO service territory covers civil Districts viz Faisalabad. FESCO has 4 Operation Circles. 30 SST Sub Divisions and 4 No P&I Sub Divisions. Mianwali. Its main service area is Faisalabad. For development of system. 107 Operation Sub Divisions. T. khushab. as it has low degree of distribution losses and a high rate of bill collection. KM area of these districts. and FESCO took over the Business.44 million customers within its service territory with a population of over 15. FESCO is one of the best electricity distribution companies in Pakistan in terms of operational performance. Toba Tek Singh. Bhakkar. Operation has been divided into technical and commercial setups. Khushab and Sargodha. FESCO organization has been divided into various categories like Operation.000 Sq.T. under companies ordinance 1984 on March 21. To serve the customer in its area of responsibility. 1998. Jhang. known as Manchester of Pakistan for its extensive textile industries. Administrative and functional autonomy was vested in the companies but fatherly role of Wapda remained associated with the companies.5 million under a Distribution License by National Electric Power Regulatory Authority (NEPRA) pursuant to the regulation of Generation. Bhakker. efforts were made to inculcate the spirit of commercialization due to which required structural and legal changes were made. FESCO (Faisalabad Electric Supply Company Ltd. and 01 Grid System Operation (GSO) Circle. Certificate of commencement of business was issued on March 26. 1997 (NEPRA Act. to further the services. .

will surely result into even development of all the downtrodden areas of Pakistan.Both the Circles have there Circle headquarters at Faisalabad. LT. The Construction headquarter is placed at Faisalabad and it has four Construction Divisions viz Faisalabad. Last year trend of increasing consumption of domestic sector remained continue during the year and even surpassed all categories. Manager (Project Construction) executes the development projects of HT. His main role is to keep a constant watch on the system to find out ways and to generate options of elimination of system stresses. Furthermore. Manager (P&D) is responsible to carry out technical planning of the system which includes load flow studies. To efficiently and effectively serve the customers. Khurrianwala and Chak Jhumra. Faisalabad Circles 1st and 2nd manage the supply and customers of District Faisalabad. Second Circle Faisalabad jurisdiction spreads over to western part of the city and extends to Tandlianwala and Sammundri Tehsils as well. Sargodha Circle jurisdiction confines to the whole of Sargodha. Jhang Circle has Circle headquarter at Jhang City and manages the supply and customers of Jhang. he plans for constructions of new Grid Stations augmentation and extension of existing grid stations. Deposit Works and Village Electrification. These initiatives. . if remained continue consistently. development oh HT/LT proposal. Indeed. FESCO has endured various administrative arrangements to place Deputy Managers at all district headquarters. Jhang and Bhakkar.One Construction Directorate having five Construction Divisions are managed by the Manager (Project Construction) and is responsible for development of 11KV and below network besides carrying on village electrification departments. Sargodha. sanction of big industrial and bulk supply connection. and Mianwali Districts and some area of Mandi Bahaodin District. For improvement of Grid Systems. Geographically Jhang Circle is the largest among all Circles of FESCO. this increase is obviously the result of excessive village electrification in these districts which shows the positive initiative of the Government of Pakistan to bring all under developed districts at par with the developed areas of Pakistan. Toba Tek Singh and Bhakkar Districts. 1st Circle jurisdiction confines to eastern part of the City and extends to Jaranwala City. his directorate generates work for both construction directorates. The other Construction Directorate is managed by the Manager (Project Construction) and is responsible for development of 132KV and 66KV network. Khushab.

” Mission “To transform and develop the company into a viable entity.” . thereby alleviating poverty in the area of responsibility. affordable and safe electricity to make Industrial and Agricultural sectors competitive for world market.Vision “ To provide reliable.

) CE/Sr. (PD Const) Manager Legal & Labour Affairs � Manager CS. (P&E) (Dir P & E) Manager (Admn) (Dir Admn) � Manager HRM Manager Commercial (director comm) Manager Mktg (Tariff.) Mgr M&T (Regional Manager M&T) . Management (Dir I/C) CE/Sr. Plan & Ctrl. Mgr. Accounting (Dir A/C) Mgr Mtrl.Organizational Structure ORGANISATIONAL STRUCTURE OF FESCO HEADQUARTERS BOARD OF DIRETORS Chief Executive Officer Company Secretary Mgr Internal Audit/ Chief Internal Auditor (Chief I/A) Finance Director Technical Director HR & Admn Director Cust. Mgr. Director Operations Director Manager Corp. (Dir Surv. Svcs. & Inv. Const. Contract Mgt. CE/Sr. Surv. O&M (T&G) 132KV Manager Proj. Mgr O&M (Dist) (Dir CM & O) Manager MIS (Director Computer) Manager Corp.

Power Transformers Capacity to be enhanced. 4. 2. Conversion of 66KV Grid Stations to 132KV Grid Stations. c. f. To Reduce Distribution Losses. Grid Stations to be extended. e. . To Replace Single Phase/Three Phase Meters. To Improve Quality and Reliability of Supply. 6. 3. To Install New Connections. 132KV Capacitors to be added on Grid Stations. d. b. New Grid Stations to be constructed. To Generate Revenue. Transformers to be repaired in TRW. a. 5. 1. h. To Provide Electrify New Villages.Goals and Targets Following are the main goals and targets of the company. g. 11KV Capacitors to be added on Grid Stations. New Transmission Lines to be constructed.

FESCO was incorporated as a non-listed public limited company. Every thing is electronic now days. 2. 1998. Tube lights. In last 15 years the use of electricity benefits at short level. We can judge the importance of electricity for domestic consumers from the . Fans. Now days the world becomes the electronic world. We can say that the electricity provide relaxation and free of tension environment at home. Agriculture.Certificate of commencement of business was issued on March 26. Washing Machines and many other Kitchen items that use in daily life makes the life of the domestic users very easy. All this thing work on electricity so the consumers can perform there work easily and in short time with the help of all these electronic things. So all the consumers have very much importance of electricity. Refrigerator. 1. Electricity becomes the part and parcel of human’s life. under companies ordinance 1984 on March 21. affordable and safe electricity to make Industrial and Agriculture sectors competitive for world market is the vision of FESCO that simply defines the importance of electricity. Domestic. The main users of electricity are. The use of electricity is very beneficial. We can see the impacts of electricity in every activities of human or users of electricity easily. All the electronic things such as AC. It serves their customers as important organ. ether it’s a small thing or not. 4. 3. 1998. As we can see that the developed countries stress for the provisions of uninterrupted supply of electricity. and whether its use is minor or large. At domestic level the electricity facilitate the consumers very much and makes the life of the consumers very easy. Industrial. To provide reliable. Commercial. But in this new age the electricity facilitates the customers more and more.Importance FESCO is responsible to provide electricity to the citizens of its territory. Such as. Especially house hold wives and other working ladies can save their precious time and can utilize that time in any other activity.

The traders need electricity to perform the commercial activities. And because of electricity shortage our industry is not working properly. The traders have to use the generators during the load shedding period. and that create unemployment. so all these things are very much important for the progress of the country. Due to this load shedding the consumers face many problems. the consumers use the tube well. When any industry groom it can compete at world level and this thing leaves the positive impact on the economy of the country. And in result very bad impact on the economy of the country. So it will not favorable for agricultural sector. and for attaining the appropriate level of water for agriculture. so this thing effecting our economy very badly. . Industrial machinery totally based upon electricity. because these days the industry is very much suffering from the shortage of electricity. especially industrial sector. We can judge the importance of electricity for industrial sector from the present condition. At agricultural level electricity has also very much importance. And this thing effecting industrial sector badly. so our industry cannot compete at international level. that also leave bad impacts on the industrial sector as well. If there's no electricity than its not possible for traders to carry on there business. To groom of any industry there's very much need of continuous electricity supply. The present condition of electric supply effect the domestic consumer's life very hardly. Because of load shedding the industrial sector is totally going in loss. now a days the life of the domestic consumers is very much disturbed because of the load shedding. The performance of other sectors is totally depend upon the performance of agricultural sector. At industrial level electricity has great importance. and this thing generate more and more revenue. Because the agricultural sector is the source to provide the raw material to the industry. For the growth of agriculture sector the most important need is water. Agricultural sector is the backbone of the economy of Pakistan.present condition. Because of that the mostly industries are closed. At commercial level electricity has also very much importance. that increase there cost and expenditures that directly effects the customers and in result business failure. Because when industry's grooming process start ultimately it generates the employment in country and its increase in export. Because the traders also use the electronic things in there business. to run the tube wells the consumers need electricity. and leave bad impact on agricultural sector. Industry is not getting the continuous supply of electricity. And if there is shortage of electricity or load shedding than the consumers could not get the required ratio of water at the right time. We can judge the importance of electricity for commercial users from the present condition of electricity supply.

The use of electronic devices to complete the work in short time and efficiently. So we can say that the electricity has a lot of importance in our daily life. . Because of the progress in electronic media the world is becoming the global village day by day. Mobile that becomes very important now a days. Now a days not only the large scale businesses but also the small scale businesses are using the computerized systems. In short we can say that FESCO has a great importance in our life. We cannot perform any activity without electricity. because all work deal through the computerized electronic machinery and devices. Business sector has also very much importance of electricity. If no charging than we cannot use it. Almost in all the large organizations the official work is done with the help of the computers. electronic media. to make their work easy and reliable. print media and research department totally depends upon the electricity.Electricity becomes the flash of blood in life. and FESCO is providing us electricity. if we don’t use it than our communication circle breaks-up and if communication circle breaks-up than we cut off from the society. Tele communication system. charge with the help of the electricity.

C.C Directorate of FESCO has increased the capacity of Chitiana grid from 66kv to 132kv.He was addressing a meeting of second circle Executives yesterday. Deputy Manager Operation Ghulam Muhammad-Abad told.S. The cost of this project was 50 million rupees.C.At the said grid there was already a power transformer of 10/13 AMV.S. it should be made clear here that this grid is the second grid which is started during one month. complete Bay and 11kv panel board are also included. • FESCO’ s CEO Ahmed Saeed Akther said. Shaikh Muhammad Ashraf told that. by increasing its capacity to 132kv the related consumers would be saved from voltage problems.S.upon the directions/instructions of CEO of FESCO Ahmed Saeed Akther.C Directorate of FESCO has installed and started the third power transformer of the capacity of 10/13 AMV at the 123kv grid station at khurianwala. they will be shifted and Liaquat-Abad feeder will be divided. According to the manager G. ordered to make a new Sub-Division. Manager G.Activities The G.S. This project was started by FESCO on its man power. the voltage would be more better at the different feeders of these grids after the installation of the said two power transformers. Before that newly built 132kv grid at Thikriwala was started. Now Chitiana grid has also been started. Chief Executive under the increasing number of consumers of Nazim-Abad division’s Samana-Abad.One more power transformer of 10/13 AMV was installed there. • The G. Now new connections will be given shortly.In it. due to over increased number of consumers in • . on the demand of public for electricity need. the division of feeders and their transfer from congested areas be started in good season ant the schedule should be made as such that consumers be disturbed minerly. Sheikh Muhammad Ashraf one more power transformer of 20/26 AMV will be installed here in future. Deputy Manager Nazim-Abad division Najeeb Ahmed Khan told in his briefing that wires are going over congested areas in Gull-Fishan and Bakar-Mandi feeders. While one new power transformer of the capacity of 20/26 AMV is installed at 132kv grid station Chiniot Industrial. He told field staff to speed up work over L-T and H-T proposals. Consumers will get better services and un-interrupted power. CEO Ahmed Saeed Akther congratulated the team of engineers and workers at the site. upon the directions/instructions of CEO of FESCO Ahmed Saeed Akther. Factory area and Nazim-Abad Sub Divisions and for giving them better arrangements. The projects were completed bb FESCO by its own resources and skilled man power. in which Deputy Managers and Assistant Managers from all over the circle participated and briefed Chief Executive of their relative divisions and Sub Divisions.

14 per Unit excluding G. The agreement was signed by CEO FESCO Ahmed Saeed Akther and CEO of Shakar-Gang Sugar Mills Ahsan Saleem. • An Agreement for the purchase of 7 Mega Watt of electricity between FESCO and Shakar-Gang Sugar Mills was done in WAPDA house yesterday.MD (PEPCO) said in his address PEPCO to meet the demand and for the progress of power. He also said that after this agreement other institutions attached with sugar mills will also come forward for making agreement like this with PEPCO. 5. Chief Executive told operation staff that during work over working lines.Faiz-Abad and Gullberg Sub-Divisions. sugar mills and private power producers is purchasing electricity.PEPCO in future will also encourage this technology.T. work over which is in progress. He told Shakar-Gang Mills plant is the only one of its nature in Southern Asia which by making Bio-gas from the wastage of sugar cane is producing electricity and it is totally on CDM mechanism. precautionary measures be implicated. It will give FESCO electricity for Rs.For making the best use of electricity produced by sugar industry he promised every possible cooperation under Government of Pakistan’s Policy. Over which Chief Executive praised circle’s working and direct operation staff to keep it up.FESCO is already getting 43MW electricity from textile sector. . While Deputy Manager and Assistant Manager for the safety of line staff make it sure that safety rules are being observed so that there should be no chance for deadly and other incidents. Manager Operation second circle Muhammad Shafiq Maan told Chief Executive that second circle has decreased line losses and increased recovery by its best working in whole FESCO region. a new Sub-Division has been suggested. After this the Chairmen of Shakar-Gang Sugar Mills Asghar Qureshi told the details of project.At the occasion Secretary Cabinet Water and Electricity Ismail Qureshi. MD (PEPCO) Munawer Baseer Ahmed and other executives were present. He hoped in future in Pakistan in the physibility study of sugar mills the option of producing electricity will be considered.This agreement is a step by PEPCO for the use of local and easily available waste. Secretary Water and Electricity division Ismail Qureshi in his address said by the said agreement not only locally available electricity will be made use of and also the green field projects will be included in the national process of electricity.S.

1. It indicates the improvement in quality of life of the people. 4. Domestic use of electricity in FESCO region is increasing. It includes working class of any country. which is not in the favor of country. But Industrial customer have been specifically categorized into small. Domestic Customers are the main source of earning revenue for FESCO. 2. private institutes and business related activities are categorized as commercial activities.552 domestic customers. In the distribution companies the customers categorized on voltage level and tariff bases. Commercial Consumers Commercial activities are most important fot the prosperity of any country. Industrial consumer. Domestic Consumers The objective of any Government is to facilitate its masses. Voltage level Division comes into existence on load requirement of the costumers and the use of electricity comes in tariff bases. The recourses of any Country used to higher the Living Standard of the Nation. in order to fulfill this responsibility in its territory. medium & big industries. the Commercial and Bulk supply customers have been categorized both by tariff and load 1. 3. Agricultural consumer. Commercial consumer. 2.Consumers Consumers of the company are. The objective of these Divisions is to give proper attention to each category the Agricultural and Domestic Customers have been divided only on tariff bases. This is a common thing all over the world. In year 2007 FESCO has provide electricity to 2. FESCO is helping the Govt. In Faisalabad district use of electricity by Domestic Customers is about 47% and 53% of remaining is consumed by other six district. These crises may bring anarchy. Electricity is the major recourse of any Country and the providence of this recourse to General Public is the responsibility of Government. If providence of electricity is not proper then it will create Social and Economical crises. The activities like trading. Domestic consumer. construction.114. .

703. Industrial sector is the second major source of revenue for FESCO. If commercial consumers are not properly entertained. The Government is paying attention to promote this sector. this will also helps in economical and social growth of the country. Jhang district is the largest consumer of agricultural electricity. other 6 districts are consuming only 27%. According to given data of 2007. Faisalabad district is consuming 73% of total Industrial energy. Food and Nutrition requirements are also fulfilled by this sector. 15% in Khushab and 19% in Mianwali districts. Agricultural sector is the back bone of the economy of Pakistan.T. Faisalabad district is consuming 55% of the total commercial energy. 15% in T. FESCO is providing 3253 Million Units to 35063 Industrial Consumers. Almost 70% of the total population is directly or indirectly depends on agricultural. FESCO categorized Industrial Consumers in Small. without electricity there is no growth in commercil sector. Industrial Growth tends to increase in foreign reserves of the country. This will helps to meet the irrigational needs of the area. Performance of other sectors is affiliated with this sector. So we can say that commercial consumers are also important and the source of revenue for FESCO. It is the main source to run the industry. 13% in Bhakkar. 13% in Sargodha. Development of the country is affiliated with the growth of this sector.Faisalabad district is hub of industrial activities. FESCO connects 27365 consumers with power supply.FESCO is strongly committed to provide maximum relief to this sector.Electricity is necessary for these commercial activities. . All the above mentioned consumers are the assets of the company.39 consumers in commercial sector. this will bring a lot of crisis for the working class of the Nation. Industrial sector is fully dependent on agriculture. The increase in commercial use of electricity is 12% in Faisalabad. Power supply is essential for the growth of industrial sector. FESCO brought all the agricultural consumers on TOD tariff and also provide special 75 paisa / KWH relief. The industrial sector is providing is lot of employment opportunities. Medium and Big Industrial Units. 4. 13% in Jhang. Faisalabad is called the Manchester of Pakistan. Agricultural Consumers Pakistan is an agricultural state.Singh. Industrial Consumers Industrial growth is important for the development of developing country like Pakistan. FESCO is providing power supply to 2. 3.

Planning Operation Information Technology Customer Services Stock Inventory System (SIS) New Connection Monitoring System Material Management (MM) Management Information System (MIS) Grid Station Operation (GSO) Construction .Departments • • • • • • • • • • • • Finance HR & Admin.

Establishment 4.Functions of Departments I spent my 6 weeks internship tenure in Finance department of FESCO. Maintenance os Subsidiary Ledger Subsidery ledgers should be prepared in respect of all Receivable and Payable accounts. Banking 3. System Implementation and Post Audit 5. Must have an index. Balancing b. Consolidation The major functions and features of this section are. a. So the important functions and features of this department are given below. Maintenance of General Ledger Following points should be kept in mind. i) Receivable Particulars A/c Code . • • • • • • Posting of general ledger by divisional accounts officer. Budget So the imporatnt functions and features of these sections are given below. These 6 sections are enlisted below. Should contain figures of budget proper reference. Written in ink. 1. the administration of this department further devides this department into 6 sections. For the better working of this dapartment. 1. No cutting/over writting. Consolidation 2. Assets and Pension 6.

..................312406 c.....................................................070103 Purchase of plot........................................070101 Car advance...... Others ) Purchase of equipment / furniture / vehicle and other equipments..................... Replacment of meter........... ..............................................................................1040103 Recivables-WAPDA welfare fund............. Enhance the earning capacity of the assets..............150116 ii) Payable Particulars A/c Code • • • • • • Trade creditor payable. Repair and maintenance.........................312300 Pension payable..• • • • • • • House bulding advance...... Pay and allowences.. Do not increase the earning capacity of the assets..... New connections ( General........... Booking of Expenditures i) Capital Expenditures • • • • • • • • Which give benefits for more than one year..............070102 Motorcycle advance....................................................................... Improves the performance of assets......070104 Advance against TA/DA................................................................................................... Construction of building............310500 Accrued liabilities... .................. Agri.....................................312200 Payable to contractors...........................................................1040102 Other advance............................. Indutrial......310400 Withholding tax payable............................................. Day to day expenses......................310100 Professional/Income tax payables................... ii) Revenue Expenditures • • • Benefit to the organization is less than 1 year. benifits........................ Purchase of land. ....

Booking for T. Booking of other Income i) Sources of Other Income a) Pay roll (i) Water charges b) Collection cash book (i) School bus fee (iii) Court fee c) Credit Advices (i) Sale of scrap (ii) Misc. . A/c code 105404-GST on LPS and 311804-GST on LPS not yet realized are closed. Pay and Allowances e. Professional fee. Income (ii) Tender fee (iv) Publicity fee (ii) Non operating Income d) Store statement (i) Material return note (ii) Sales of scrap f.V fees will be charged after receipt of debit advice issued by finance directorate office. g.V fees must be created under A/c code-310303 on full realized amount no.. Detail of GST on LPS realized should be provided in their monthly accounts. . commission to be accounted for at realization. rate and taxes. . GST on Electricity Bills • • • Closing balance of GST on LPS as on 30-06-2007 added in opening balance of GST as on 01-07-2007. light and water. Power. h. Rent. Provision for Bad debts. . d.V. . Commission of T. Fees • • Payable of T. Debit and Credit Advices • Debit advices must be issued to all concerned offices well in time. Travelling expenses.

Adjustment of TA & temporary advance. a. Pay bills-attached staff. Outstanding salary cheques. Training advance will be adjusted within one month after training period. 2. Debit side 1) Pay and allowance (For own employees) 2) I. Make sure monthly recovery. Imprest and Collection Cash Books • • Timely submission.• • Provide complete detail of issue / receipt of advices. detail on prescribed performa. i. deduction 3) Net payable * Deduction must be remitted within the same month * Debit credit advice must be issued within the same month j.O. . Loan and Advances to Employees • • • • • Maintenance of subsidary ledgers. Adjustment of items of recoceliation statement.T (For attached employees) Credit side 1) Pay roll deductions 2) Miscl. Banking The major functions and features of this section are. Salary Control Registers salary control register is prepared • • • Pay bills-computrized. Pay bills-manual.

Additionaly Funds Demands • • • • • • • Supporting documents. e. Detailed formats. Proper Booking of Collection Expenses • • • • • Mentainence of register. Rectification of difference. Adjustment through IOT (Cpital & Security deposits). Remittance of funds as per schedule. of bills collected and amount payable from daily scrolls. Attestation of documents. Payment of arrear in telephone bills. if any. Cutting in bank statements. Account) b. Capital Contribution / Security Deposit / Revenue Collection • • • • • • Timely submission of reports. d. Budget/ Expenduture position. General Sales Tax (Input / Output Data) • • • • Timely submission of data. . Bank charges (Misc. Delay by GSO divisions. Surplus funds. To reconcile amount payable and amount debited by bank. Head of accounts. c. Coll.O/NADRA) debited by F. Minus balances of banks. To record no. Segregation of expenditure. Bank wise total in CP-104.• • • Unpaid cheques.D office. Correspondence with bank's withholding FESCO fundes and follow-up. Dated signatures. Collection charges (HBL/P.

d. a. result of departmental promotion exams. Recoveries • • Recovery of pension relief be made after brought into regular cader in respect of the officers appointed on contract basis. Publicity pad of the supplier is not allowed. Sales Tax Special Procedure (Withholding) Rules 2007 • • • WAPDA / FESCO will deduct 1/5th of the total sales tax shown in sales tax invoice issued by the supplier. All FESCO fomation while making payments for purchase of all taxable goods and services. orders of regularization and orders of advance increments etc must be attached with services books. Complet documents i. GST Invoice issued by the supplier must be attached. e. where applicable. c. training certificates. Occupation date/vacation date of WAPDA accomodation allotted to officers be finance directorate well in time. General Guidelines to Submit Bills for Pre-Audit • • • Proper bills for purchases showing NTN should be forwerded for pre-audit after approval. Issuance of Salary Slips • • Payments of salary to the officers be released after issuance of salary slipa from finance directorate. Amount so deducted will be paid to WAPDA by finance directorate. will deduct the said amount from the sales tax invoices of the suppliers.3. Payment of conveyance allowance to employees residing within work premises is not allowed.e. . Vetting of Service Books • • Enteries in service books of the officials may be recorded well in time and forwerded to finance directorate for vetting. promotion orders. Establishment The major functions and features of this section are. b.

. On transport services @ 2%. .f. On services @ 6%. Medical Bills • • Medical bills be forwerded to finance directorate for pre-audit after fulfillment of all departmental formalities and duly approved alongwith complete documents. • • • • Implementation of new procedures. . g. PIC bills may be approvrd instead of medical performa for re-imbursment. Withholding Tax • Withholding tax will be deducted at following rates: . 4. Introduction / Functions of SIPA SIPA was established in 2001 by merging implementation and post audit sections to perform the following functions. .5%. On supplies @3. System Implementation and Post Audit (SIPA) a. Post audit of all types of expenditures incurred by the field formations specially those pre audited at division level. Prepration of reports on the accounts of division visited by the SIPA team. On rent bills @ 5%. Checking of divisional accounts to ensure that these are presented as required under the rules. h. Tax Deductions from Salaries • Income tex should be deducted from the salaries on monthly basis as per prescribed rates and statments of deduction be submitted to income tax departments within stipulated time period.

promotions. stationary.b. . Checking of POL expences. Reconciliation of stores recived and issued. Deficiencies/ Irregularities • • • • • Non-production of material consumption record. Utilization of stores issued. repair of vehicles. Un-authorized payments of insurancen of vehicles. Scope of SIPA • To perform its functions the SIPA section have full access to all types of personnel. Irregular payment of pension relief and special adhoc relief. Organizational Chart-SIPA c. Checking of employees personal files. records/ documents/ books/ information and all other properties nessecesry for the discharge of it's functions using different types of procedures / testes in the following areas. Checking of temporary and long term advances. Any other area where chances of irregularities are high. Fixed assets formation. Verify capital and revenue expenditures. etc. Irregular payment of special relief allowance of Wapda and special additional allowance. Verify that changes (increase / decrese) in salaries are properly authorized. • • • • • • • • • • • d. To check the replacement of old material. Checking of new appointments. Over payment of on account of free supply and dearness allowance.

Irregular sanction of medical expenses. d. Wrong allocation / booking of expendetures. Excess claim on account of hotel charges. Excess expendetur on account of local telephone calls. Some problems were noticed in this monthly data collected at the closing of the year. c. Less recovery of motercycle advance. b. . these should be credited H / Q with supporting documents. Concerend head of account be used.• • • • • • • • Irreguler payment of on account of advance increment on higher qualification. Assets Accounting • • • Previously assets were tranfered to finance directorate at the closing of financial year. At the time of booking of assets. proper head of account is not used which vary with assets data at the year end. 5. Assets and Pension a. Assets Accounting on Monthly Basis • Data will be obtained from sub-divisors along with statement of installed connections. Irregulatories pertaining to log books. Errors in Assets Accounting • • • Transfer of previous year's assets is debited or credited in current year's assets. Quantity is not kept in view with cost which results cost variation in items. Excess payment on account of TA / DA more then 10 days. Solutions • • • As cost of previous year's assets do not exist in division's books. data was required on monthly basis to comply with International Accounting Standards that requires depreciation to be calculated on monthly basis. From financial year 2006-07. Quntitative data on SRs should be kept in view to allocate cost instead of installation period.

Any other emolument specifically declared. • • • • • • Senior Post allowance. Kinds of Pension i) Compensation pension: a) On abolishing of a regular post. iv) Retiring pension: a) Who opts to retire after 25 years qualifying service. Special pay. Gratuity Gratuity at the following rates is admissible for service of less than 10 years but not less than 5 years: • When reguler employee is retired or discharged for any reason. . b) Retired U/S 17 (I-A) of Wapda act 1998. g. e. f. b) Compulsory retired from service under removal from service ordinance.• • Consolidation of above data and cost allocation to quantitative data. one month's emoluments for each completed year of qualifying service. Increments accrued during LPR. Pension to FESCO Employees EMOLUMENTS Emoluments means the amount drawn by the employees which includes . ii) Invalid pension: Invalid pension is granted on medical grounds. Dearness allowance. Verification of current account portion of capital cost from our assets section. iii) Superannuation pension: Granted on ataining the age of 60 years. Technical pay.

b) Eldest widow of deceased's son of Wapda employee. ii) List of family members: List of family members must be completed with date of birth of each members. c) Unmarried daughters. Birth date of youngest child should be supported with Matriculation certificate / form B / Birth certificate when family pension case is processed for during service death. iv) Leave account: Leave account must be completed as per leave rules and duly signed by D. In absence of nomination form. 9 of 2nd page must be completed.D. b) Eldest surviving son till the age of 21 years. ii) For 10 years or remaining portion of 10 years: a) Eldest widowed daughter. e) Eldest widow daughter of deceased son of employee. i. Second Priority . d) Eldest un married daughter below 21 years of deceased son of employee. Problems in Pension Cases i) Nomination form: It should be attached in service book for pension case. the conversation into family pension becomes delay. h.• One & half month's emoluments for each completed years in case of death of reguler employee. iii) Date of application for pension under column no. c) Grand son of deceased of Wapda employee.O. Who Will Get Family Pension? First Priority i) For life time: a) Widow / Widower.

Expected No. to: i) Father. Action Taken on Variances • Variances in controllable items. Procedure of Revenue (Re-Appropriation) • Review meeting is held on monthly basis by senior management of FESCO. f. All targets including financial.D. revenue and capital expenditures are reviewed. FESCO prepares Annual Budget containing following major features. are not approved unless fully explained and justified.In absence of above. iii) Eldest brother below than age of 21 years. of Consumers. Purpose of The Annual Budget • Budget is issued as a yard stick to carry out Revenue and Capital expenditures within those specified limits assigned in the budget. Operating expenses (O&M) pattern on historical basis and expected facts. c. d. ii) Mother. 6. System of Annual Budget (Operation and Maintenance) • • • • Expected Units Sold. iv) Eldest un married sister less than 21 years of age. if any. Budget a.O. Annual Budget • • O & M Budget. . e. Final adjustment and re-appropriation is approved by B. Procedures • Deman estimates as raised by accounting units. Capital Budget. b.

Growth rate assumed for consumers. Advances to employees are allocated on the basis of resources available.O. Telephone.P.T.L.R and 6th the Final Authority to approve the annual budget. of employees and other nonfinancial parameters. B. rates and taxes (Lease Agreement). TA / DA. . Budget is prepared within the NEPRA determination limits. E. Procedure of Capital Budget • • • • Demands for funds and allocation for D.D.G and conveyed to authority. Rent. Field units have to customize the physical targets as per authority budget. R & M (Segregation). h.• • • • • Rationalization of demands on the basis of past prectices and future planed activities. g. Vehicles fuel and oil. Difficulties in Estimates for field units • • • • • • Salries and wages and other benifits. Future Invesments affects on O & M.O. No. Authority decides and allocates capital budget.

a) i For Sanctioned load up to 20 kW Up to 50 Units For Consumption exceeding 50 Units 1.Tariffs and tariff categories Schedule of Electricity Tariff for Faisalabad Electricity Supply Company (FESCO) With Effect from 1st March 2008 A-1 GENERAL SUPPLY TARIFF .00 7.COMMERCIAL FIXED Sr.08 4.53 7.28 A-2 GENERAL SUPPLY TARIFF .08 6. No. TARIFF CATEGORY / PARTICULARS No.79 Off-Peak 4.RESIDENTIAL FIXED CHARGES Rs/ KW/M VARIABLE CHARGES Rs / kWh Sr.04 3. TARIFF CATEGORY / PARTICULARS CHARGES Rs/ VARIABLE CHARGES Rs / kWh .40 ii iii iv V b) For first 100 Units For next 200 Units For next 700 Units Above 1000 Units For Sanctioned load exceeding 20 KW Time Of Use Peak 315.

28 (b) For Sanctioned load exceeding 20 kW (c) Time of Use 315. b) Three Phase Connections: Rs. a) Single Phase Connections.00 Peak 7. 350/.86 7. 175/.per consumer per month Rs.00 7.per consumer per month .97 Off-Peak 4. there shall be minimum monthly charges at the following rates even if no energy is consumed.04 Under this tariff.99 4.KW/M a) i ii For Sanctioned load up to 20 KW For first 100 Units Above 100 Units 365.

50. TARIFF CATEGORY / PARTICULARS VARIABLE CHARGES Rs / kWh 6.00 Peak 315.132 kV & above) For Bl consumers there shall be a fixed minimum charge of Rs. For B3 consumers there shall be a fixed minimum charge of Rs.04 6.63 B1 B2(a) 21-500 kW (at 400 Volts) Time Of Use B2(b) 21-500 kW (at 400 Volts) B3 B4 For All Loads up to 5000 kW (at 11. For B2 consumers there shall be a fixed minimum charge of Rs.88 3.000 per month. 2.00 305.000 per month.79 6.00 7. 500.INDUSTRIAL SUPPLY TARIFF FIXED CHARGES Rs/ KW/M Up To 20 kW (at 400/230 Volts) 315. .63 Off-Peak 4.54 Sr. For B4 consumers there shall be a fixed minimum charge of Rs.B.00 4.000 per month.33 kV) For All Loads (at 66. No.00 295. 350 per month.28 3.

04 6.00 6.88 6.00 295.C.00 5.28 3.63 .SINGLE-POINT SUPPLY FOR PURCHASE IN BULK BY A DISTRIBUTION LICENSEE AND MIXED LOAD CONSUMERS NOT FALLING IN ANY OTHER CONSUMER CLASS FIXED Sr.38 5. No.79 Off-Peak 4.33 kV up to and including 5000 kW C -3(a) For supply at 66 kV & above and sanctioned load above 5000 kW Time Of Use (Optional) C-1(c) For supply at 400/230 Volts above 20 kW & up to 500 kW C -2(b) For supply at 11. TARIFF CATEGORY / PARTICULARS CHARGES Rs/ KW/M VARIABLE CHARGES Rs / kWh C -1 a) b) For supply at 400/230 Volts Sanctioned load up to 20 kW Sanctioned load above 20 kW & up to 500 kW 315.00 305.00 Peak 7.68 C -2(a) For supply at 11.33 kV up to and including 5000 kW C -3(b) For supply at 66 kV & above and sanctioned load above 5000 kW 305.17 5.28 315.00 295.54 3.

13 D-1(a) SCARP less than 20 kW D-2 Agricultural Tube Wells FF Note: .D-AGRICULTURE TARIFF FIXED TARIFF CATEGORY / PARTICULARS CHARGES Rs/ KW/M 90.00 7.00 Peak D-1(b) SCARP and Agricultural more than 20 kW 305.04 Sr.73 Off-Peak 3.94 3. .The consumers having sanctioned load less than 20 kW can opt for TOU metering. No. VARIABLE CHARGES Rs / kWh 5.

for the entire period of supply.E . even if no energy is consumed.SEASONAL INDUSTRIAL SUPPLY TARIFF Not e: 125% of relevant industrial tariff Tariff-F consumers will have the option to convert to Regular Tariff and vice versa. TARIFF CATEGORY / PARTICULARS CHARGE S Rs/ KW/M - VARIABLE CHARGES Rs / kWh E-1(i) Residential Supply E-1(ii) Commercial Supply E-2 Industrial Supply 7.19 6.94 For the categories of E-l (i & ii) above.per month per kW of lamp capacity installed.per day Subject to a minimum of Rs-500/.19 There shall be a minimum monthly charge of Rs.TEMPORARY SUPPLY TARIFFS FIXED Sr. This option Can be exercis G. F .94 8. TARIFF CATEGORY / PARTICULARS CHARGE S Rs/ KW/M VARIABLE CHARGES Rs / kWh Street Lighting 8. No.PUBLIC LIGHTING FIXED Sr. 50/. . the minimum bill of the consumers shall be Rs.500/. No.


Pattern of Shareholding No.3% 100% .7% ----------99. of share Holder 7 1 8 Share holding 1to10 11to100 Total Total Share Held 7 993 1000 Categories of shareholders Individuals Investment Companies Insurance Companies Joint Stock Companies Financial Institutions Modaraba Companies Others (President of Pakistan) Total Numbers 7 ----------1 8 Share held 7 ----------993 1000 Percentage 0.

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