Monday, 02 December 2024, 12:51:49 pm


 
Govt continuing efforts to develop energy sector
December 02, 2024

The government is continuing its efforts with the support of Special Investment Facilitation Council (SIFC) to the development of 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.

Initially, the government has decided to privatize the DISCOs in Islamabad, Gujranwala and Faisalabad. A steering committee has been forced to ensure the success of privatization process.