ISLAMABAD: Prime Minister Shehbaz Sharif on Monday instructed authorities to accelerate the privatisation of power distribution (Discos) and generation companies (Gencos) to establish a competitive electricity market. He said privatisation is a sustainable solution to Pakistan’s longstanding energy challenges.
Read More: PM directs expedited privatisation process for Discos, Gencos
During a high-level meeting, the prime minister was informed that expressions of interest (EoIs) for privatising three distribution companies — Islamabad Electric Supply Company (Iesco), Faisalabad Electric Supply Company (Fesco), and Gujranwala Electric Supply Company (Gepco) — will be invited soon.
Prime Minister @CMShehbaz directs to accelerate privatisation process of #electricity distribution and generation companies@PakPMO #RadioPakistan #news https://t.co/igmmL42h2L pic.twitter.com/iDaHCvhXbB
— Radio Pakistan (@RadioPakistan) December 15, 2025
Sharif also directed the initiation of a Battery Energy Storage System through public-private partnerships to modernise the electricity infrastructure. The project aims to strengthen the power system and improve energy reliability across the country.
Officials briefed the premier on the progress of the power sector roadmap, ongoing reforms, and the privatisation process of Gencos. The PC-I of the 500kV Ghazi Barotha–Faisalabad transmission line is currently at the approval stage.
The meeting highlighted the technical feasibility study to convert imported power plants to Thar coal. Work is also underway on a railway line to transport Thar coal to the power plants, supporting the country’s energy transition goals.
Read More: PM Shehbaz pushes to fast-track power company privatisation
The government expects these measures to enhance efficiency, attract private investment, and create a competitive electricity market that can meet growing energy demands.