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Pakistan initiates privatization of power distribution companies
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Pakistan initiates privatization of power distribution companies
ISLAMABAD: The government has signaled major reforms in the energy sector and has formally initiated the privatization process of power distribution companies (DISCOs) as part of efforts to improve financial stability and reduce losses in the power sector, officials said. According to officials, the government has been working for the past six months on the financial restructuring of DISCOs to make them more attractive for investors by presentin…
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