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DESCO meaning in Business ?

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Answer: What is Dhaka Electric Supply Company Limited mean?

Dhaka Electric Supply Company Limited, commonly known as DESCO, is a public limited company which distributes electricity at the Northern parts of Dhaka City and Tongi Town of Gazipur District. The company was created in November 1996 under the Companies Act 1994 as a Public Limited Company. The company is now under the Power Division of the Bangladesh Ministry of Power, Energy and Mineral Resources and serving a total number of 604,304 consumers as of 31 December 2013. Maksuda Khatun, rank of additional secretary, is the chairperson of DESCO and Kawsar Amir Ali is the managing director.

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