LESCO, PSO sign oil purchase deal

The Pakistan Electric Supply Company (LESCO) has signed an agreement with state-owned Pakistan State Oil (PSO) for purchase of oil for vehicles. The agreement was signed at the LESCO head office at a ceremony which was attended by LESCO chief executive officer Engr Ramzan Butt, high officials and representatives from PSO. Under this arrangement, now all vehicles owned by LESCO will get fuel from only PSO filling stations. For this purpose, every vehicle will be issued a fuel card. According to LESCO, this arrangement will bring transparency in company’s fuel purchase record and eliminate misuse and corruption. Speaking at the ceremony CEO LESCO Ramzan Butt said that the agreement is a significant development towards transparency and innovation in the system of LESCO