ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/ FM) Senator Mohammad Ishaq Dar chaired a meeting of the Steering Committee overseeing the privatisation of power distribution companies (Discos) on Friday.
The Committee was briefed by Advisor Privatisation on the latest position and the progress achieved on Batch-I Discos (IESCO, FESCO & GEPCO). It expressed satisfaction and advised the privatisation Commission to complete the process within the agreed timelines.
DPM/ FM emphasised that while privatisation aims to improve efficiency, service delivery, and financial sustainability, a strong regulatory framework and effective oversight will remain essential to protect consumers’ interests, ensure transparency, and uphold accountability.
The meeting was attended by the Minister for Power, Adviser on Privatisation, SAPM Tariq Bajwa, Secretary Power, and senior officials from relevant ministries and departments.
Copyright Business Recorder, 2026