Pakistan's Privatization Commission approves DISCOs privatization with first phase planned by 2025.
Pakistan's Privatization Commission Board, chaired by Federal Minister Abdul Aleem Khan, approved the privatization of electricity distribution companies (DISCOs) and plans to appoint financial advisors. Legal processes for privatization are expected to be completed by 2025, with the first phase involving the privatization of three DISCOs. Khan emphasized the importance of a transparent and swift privatization process for the nation's economic recovery and growth.
July 27, 2024
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