Pakistan Targets Q1 2027 for Privatisation of Three DISCOs, Broader Plan Unveiled

Pakistan's government plans to privatise three power distribution companies (DISCOs) – FESCO, GEPCO, and IESCO – by the first quarter of 2027, with due diligence underway. This is part of a broader program extending to other DISCOs, Pakistan State Oil (PSO), and gas companies (SSGC, SNGPL) by late 2027. The initiative seeks to attract investment, improve efficiency, and address high energy costs undermining economic growth. Successful execution of these reforms could bolster investor confidence and potentially strengthen the Pakistani Rupee.

بحوالہ / Source: www.brecorder.com