Hazara Electric Supply Company

Hazara Electric Supply Company, commonly known as HAZECO, is a government-owned electricity distribution utility in Pakistan. It was established on 6 January 2023 following approval by Prime Minister Shehbaz Sharif. The company was created through the bifurcation of Peshawar Electric Supply Company, or PESCO, and is intended to provide a more focused administrative and operational structure for electricity distribution in the Hazara region of Khyber Pakhtunkhwa. The creation of HAZECO followed a longstanding demand for a separate electricity company serving Hazara. Before the split, the region was administered within PESCO's broader operating structure. The reorganization divided the former service territory into two distinct distribution companies: PESCO continued to operate across six circles, while HAZECO assumed responsibility for two Hazara circles, identified as Hazara-I and Hazara-II. HAZECO's headquarters are located in Abbottabad. The policy rationale for the new company was to improve management of the electricity utility, increase operational efficiency, reduce power losses, and improve customer service. Its role is therefore primarily that of a regulated electricity distribution business rather than a generation company, equipment manufacturer, or retail consumer brand. The company distributes electricity to customers in its assigned territory and manages the associated local utility operations. Because HAZECO is a recently established public utility, publicly available reference material provides limited information about its corporate leadership, financial performance, customer numbers, infrastructure portfolio, commercial programs, and long-term investment plans. No separate stock-market listing, commercial parent company, or public-facing website is identified in the supplied reference material. Its institutional identity is closely tied to Pakistan's public electricity-distribution system and to the administrative restructuring of PESCO.

Hazara Electric Supply Company was established on 6 January 2023 as a Pakistani government electricity-distribution company. Its formation resulted from the division of Peshawar Electric Supply Company, the distribution utility that had previously administered electricity services across a wider area of Khyber Pakhtunkhwa. The new structure was intended to give the Hazara region its own dedicated distribution company and headquarters. The establishment of HAZECO reflected a longstanding demand from residents of Hazara for a separate electricity utility. Under the reorganization, PESCO retained six operating circles: Peshawar District, Khyber District, Swat District, Bannu District, Mardan District, and Swabi District. HAZECO was assigned two circles, Hazara-I and Hazara-II, with Abbottabad selected as its headquarters. The decision was authorized by Prime Minister Shehbaz Sharif. The stated administrative objectives were to strengthen management of the electricity utility, improve operational efficiency, reduce electricity losses, and enhance customer service. In this sense, HAZECO's creation was an institutional and territorial restructuring of the public distribution system rather than the launch of a conventional consumer-facing electricity brand. The available reference material does not provide a detailed account of subsequent expansion, financial results, leadership appointments, generation assets, or major infrastructure projects. HAZECO is therefore best understood as a regional distribution utility within Pakistan's public power system, responsible for serving electricity consumers in the Hazara area after its separation from PESCO.

• 2023

  HAZECO is established

  [1]Hazara Electric Supply Companyen.wikipedia.org

  On 6 January 2023, the Government of Pakistan established Hazara Electric Supply Company as a separate electricity distribution company following the bifurcation of PESCO.

• 2023

  Hazara-I and Hazara-II become HAZECO circles

  [1]Hazara Electric Supply Companyen.wikipedia.org

  The new company assumed responsibility for the Hazara-I and Hazara-II operating circles, while PESCO retained six other circles.

• 2023

  Abbottabad designated as headquarters

  [1]Hazara Electric Supply Companyen.wikipedia.org

  Abbottabad was identified as the headquarters location for the newly separated Hazara electricity utility.

A regional public electricity-distribution utility created to provide more focused management and customer service for Hazara.

• Utility service · 2023

  Electricity distribution

  HAZECO's core function is the distribution of electricity to customers in its assigned Hazara territory. Its service area is organized into the Hazara-I and Hazara-II circles, inherited through the separation of these operations from PESCO. The company is positioned as a public distribution utility rather than an electricity generator or equipment supplier.

• Utility customer service · 2023

  Customer electricity services

  The company's distribution mandate includes the local utility functions associated with serving electricity consumers, including customer connections, billing administration, and service management within its designated circles. The restructuring that created HAZECO was explicitly linked to the goal of improving customer service and utility administration.

• 2023

  Separate Hazara from PESCO's distribution structureStrategy

  Background

  Hazara residents had sought a dedicated electricity distribution company instead of remaining within PESCO's broader operating structure.

  Action taken

  The Government of Pakistan authorized the creation of HAZECO and assigned it the Hazara-I and Hazara-II circles, with headquarters in Abbottabad.

  Aftermath

  HAZECO became the dedicated distribution utility for the Hazara region, while PESCO continued operating across six other circles. The stated expected benefits were more effective management, lower power losses, improved operational efficiency, and better customer service.

  Source

1. 1Hazara Electric Supply Companyen.wikipedia.org