Cabinet committee approves board proposals for HESCO, SEPCO and NESPAK

The Cabinet Committee on State-Owned Enterprises approved proposals covering board changes at Hyderabad Electric Supply Company (HESCO), Sukkur Electric Power Company (SEPCO) and National Engineering Services Pakistan (NESPAK) at a meeting on 10 November 2026.

The approved proposals covered reconstituting HESCO’s board, appointing an independent director to SEPCO’s board and appointing a chairman/independent director at NESPAK. The committee considered the matters under two agenda items and approved both proposals after deliberations.

Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired the meeting at the Finance Division. Federal Minister for Science and Technology Khalid Hussain Magsi also attended, along with federal secretaries and senior representatives of ministries, divisions and regulatory bodies.

Aurangzeb said government representatives serving as ex-officio directors should be suitably placed and have the competence, experience and institutional understanding needed to represent their divisions on state-owned enterprise boards. The approvals relate to proposals for the three entities; they do not establish that the proposed appointments have taken effect.