Multan Electric Power Company
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Multan Electric Power Company
Multan Electric Power Company (MEPCO) ( ur, ), formerly known as Multan Power Supply Company, is an electric distribution company which supplies electricity to thirteen districts of South Punjab, Pakistan. This company generates electric power from water (hydro-electric power) and distributes it to approximately thirty-four million people of the area. MEPCO is a licensee who has been granted a license by the NEPRA for the distribution of electricity exclusively to service territory spread over thirteen administrative districts of Southern Punjab. History Multan Electric Power Company was founded as Multan Power Supply Company during British India-era. In 1972, the company was nationalized. Subsequently, it was taken over by the Government of Pakistan. It was publicly listed on Karachi Stock Exchange until 1985 when it was de-listed from the exchange. On 14 May 1998, Government of Pakistan decided to go with the corporatization of the energy sector in Pakistan. MEPCO was esta ...
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Government Of Pakistan
The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provinces, two autonomous territories, and one federal territory of a Parliamentary democracy, parliamentary democratic Parliamentary republic, republic, constitutionally called the Pakistan, Islamic Republic of Pakistan. Effecting the Westminster system for governing the state, the government is mainly composed of the Executive branch, executive, Legislative branch, legislative, and Judicial branch, judicial branches, in which all powers are vested by the Constitution of Pakistan, Constitution in the Parliament of Pakistan, Parliament, the Prime Minister of Pakistan, Prime Minister and the Supreme Court of Pakistan, Supreme Court. The powers and duties of these branches are further defined by acts and amendments of the Parliament, including the ...
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Rahim Yar Khan
Rahim Yar Khan () is a city in Punjab province of Pakistan. It is the 9th largest city of Pakistan by population. It is the capital of the Rahim Yar Khan District and Rahim Yar Khan Tehsil. The administration of the city is subdivided into nine Union Councils. History It has been renamed several times over the last 5,000 years. The earliest recorded name was AROR or ALOR, and then it became City of Pattan, Phul Wada, Noshehra and now Rahim Yar Khan. The ancient tower of Pattan Minarah stands 13 km to the south of the city center in its original form. Ummayads led by Muhammad Bin Qasim conquered the key cities of Uch and Multan after conquest of Sindh. After that Arabs ruled the vast areas of Punjab including Rahim Yar Khan region. Rahim Yar Khan region was part of Multan province of Mughal Empire. In 1881, Nawab of Bahawalpur gave the city its current name by naming it after his first-born son and crown prince Rahim Yar Khan. Rahim Yar Khan has had the status of a sep ...
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Government-owned Companies Of Pakistan
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-o ...
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Companies Based In Multan
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ...
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