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.
RECENT NEWS
DPM Reaffirms Steadfast Support for Lebanon’s Sovereignty
September 15, 2026
Pakistan and Lebanon Commit to Strengthening Security and Intelligence Ties
September 15, 2026
DPM Praises Positive Trajectory in Pakistan-US Relations
September 15, 2026
Fixed Tax Scheme for Retailers Will Remain Successful: Bilal
September 15, 2026
President Calls for Reinforcing Pak-China Strategic Trust
September 15, 2026
DPM Stresses Simple Registration for PM’s Fuel Relief Scheme
September 15, 2026
Government Announces Revision of Petroleum Product Prices
September 15, 2026
Jamaat-e-Islami Welcomes Government’s Fuel Relief Measures
September 15, 2026
ADVERTISEMENT