Established In 1986 as "Small Hydel Development Organization" with the objective:
1.To identify and develop hydel potential upto 5MW.
2.To construct small hydel stations for isolated load centers.
3.To operate and maintain off grid small hydel stations.
In 1993, it was converted to an autonomous body under the 1993 Act and renamed as "Sarhad Hydel Development Organization (SHYDO) " In 2013, the name of organization was changed to "Pakhtunkhwa Hydel Development Organization(PHYDO)" Most recently in 2014 PHYDO was renamed as "Pakhtunkhwa Energy Development Organization (PEDO)" through passage of PEDO Act 2014.