CCoP to offer outright 51pc to 100pc sale of share capital in each Disco

ISLAMABAD: The Cabinet Committee on Privatisation met here on Friday to review key power sector matters and approved the Transaction Structure and decided to offer outright sale of 51 percent to 100 percent share capital in each Disco along with management control, subject to Cabinet approval.

The committee considered the privatisation of three Discos — IESCO (Islamabad), GEPCO (Gujranwala) and FESCO (Faislabad), aimed at improving efficiency and financial sustainability in the power distribution system.

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired the meeting.

DPM/FM noted that the initiative is intended to strengthen service delivery, ensure reliable electricity supply, and bring private sector efficiency into the sector.

The meeting was attended by the Federal Minister for Power, Advisor on Privatisation, SAPM Tariq Bajwa, Secretary Cabinet, Secretary Privatisation Commission, Secretary Privatisation Division, Secretary Power Division, Chairman NEPRA, Chairman SECP, and senior officials from relevant ministries and departments.

Copyright Business Recorder, 2026