The Pakistan Credit Rating Agency Limited
17-Jul-26
Analyst
Anam Waqas Ghayour
anam.waqas@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
- Methodology | Corporate Rating | Jul-25
- Methodology | Rating Modifiers | Apr-26
- Methodology | Correlation Between Long-term & Short-term Rating Scales | Apr-26
Related Research
This press release is being transmitted for the sole purpose of dissemination through print/electronic media. The press release may be used in full or in part without changing the meaning or context thereof with due credit to PACRA
PACRA Suspends the Entity Ratings of DHA Energy Supply Company (Pvt.) Limited.
| Rating Type | Entity | |
|
Current (17-Jul-26 ) |
Previous (17-Jul-25 ) |
|
| Action | Suspended | Initial |
| Long Term | - | A |
| Short Term | - | A1 |
| Outlook | Stable | |
| Rating Watch | - | - |
Due to non-availability of the requisite information, the ratings of the company are being suspended. Once complete information is made available, PACRA will update the ratings, after following the due process.
.
About
the Entity
DHA Energy Supply Company (Private) Limited (DESCO) was incorporated on March 2, 2017, as a private limited Company, headquartered in DHA Karachi. DESCO was set up to develop and operate an electricity supply and distribution network tailored to the energy demands of DHA City. The Company aims to promote efficient and sustainable energy usage, particularly in urban and residential areas. Currently, DESCO is not operational and is awaiting regulatory approval from NEPRA for its distribution license to serve DHA City. The Company is led by Chief Executive Officer Brig. Sohail Imtiaz and supported Chief Financial Officer (CFO) Mr. Muhammad Akhtar along with a seasoned management team.