Government Advances Privatization of Top Power Distribution Companies.

Islamabad: The government is continuing its efforts with the support of the Special Investment Facilitation Council (SIFC) to develop the energy sector and effectively address its issues. Significant progress has been made regarding the privatization of the three top-performing power distribution companies. It has been decided to give a central role to the SIFC to expedite the privatization of the DISCOs. According to Radio Pakistan, initially, the government has decided to privatize the DISCOs in Islamabad, Gujranwala, and Faisalabad. A steering committee has been formed to ensure the success of the privatization process. The decision is aimed at enhancing the efficiency and performance of these companies by involving private sector expertise and investment.