The government’s decision to privatise Faisalabad Electric Supply Company (Fesco), Gujranwala Electric Power Company (Gepco) and Islamabad Electric Supply Company (Iesco) is a long-awaited step towards fixing the country’s troubled power sector. For decades, people have suffered because of electricity theft, rising losses, poor service and weak management. If carried out properly, privatisation can improve efficiency and reduce the burden on the…
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