Formation of The Company
Hyderabad had an Area Electricity Board (AEB) as one of the eight AEBs constituted through amendments in WAPDA Act during 1981. Later on as the Government of Pakistan approved the revamping of the Water and Power Development Authority (WAPDA) power sector in April 1998, the Hyderabad Electric Supply Company took over responsibilities of the Hyderabad Area Electricity Board. Hyderabad Electric Supply Company is owned and operated by WAPDA though. The company was incorporated on 23 April 1998 and certificate for commencement of business was obtained on 1 July 1998 from NEPRA under section 146(2) of Companies Ordinance 1984.
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