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PM directs to accelerate privatisation process of power DISCOs

The plan covers IESCO, GEPCO and FESCO, with roadshows set to court investors from Saudi Arabia, Türkiye and China, officials said.

Prime Minister Shehbaz Sharif on Tuesday directed the relevant authorities to accelerate the privatisation process of electricity distribution companies (DISCOs), reiterating that offloading loss-making State-Owned Enterprises (SOEs) was a priority for the government, according to a statement issued by the Prime Minister's Office.  Chairing a review meeting in Islamabad on the privatisation of power distribution companies (DISCOs), the prime min…

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Business Recorder broke the news on Tuesday, June 9, 2026.
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