Pakistan is courting investors from Saudi Arabia, China and Türkiye as it moves ahead with the privatization of three state-owned electricity distribution companies, Prime Minister Shehbaz Sharif’s office said on Tuesday, marking a key step in the country’s efforts to reform its troubled power sector. The move comes as Pakistan seeks to reduce the financial […]
DISCOs
DISCOs officials suspended over poor performance
Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, issued strict directions on Wednesday to all power distribution companies (DISCOs) across Pakistan to initiate immediate disciplinary proceedings against their worst-performing Sub-Divisional Officers (SDOs) and Executive Engineers (XENs). As per a press statement, Peshawar Electric Supply Company (PESCO) and Sukkur Electric Power Company (SEPCO) have become […]
Government invites expressions of interest for privatisation of three DISCOs
The Privatization Commission, has formally invited Expressions of Interest (EOIs) from local and international investors for the privatization of three major electricity distribution companies (DISCOs) including Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO). The transaction offers investors the opportunity to acquire between 51 percent and 100 […]
Electricity consumers may get major relief across Pakistan
Electricity consumers across Pakistan, including those of K-Electric, may receive significant relief of around Rs63.94 billion under the quarterly adjustment mechanism, according to an announcement by the National Electric Power Regulatory Authority (NEPRA). Read More: Pakistan power users face higher fixed charges In its statement, NEPRA confirmed that distribution companies (DISCOs) have submitted requests for the […]
Discos found purchasing power outside national grid at exorbitant rates
Amid public outcry over expensive power and excessive loadshedding, the government on Wednesday announced that it had unearthed expensive power purchases by distribution companies (Discos) outside the national grid at exorbitant rates in violation of the economic merit order. According to an official statement, the Discos were purchasing electricity from small power producers (SPPs) and […]
Govt launches privatisation process for five DISCOs under IMF reforms
Pakistan has appointed financial advisers and launched sell-side due diligence for the privatization of five electricity distribution companies, marking a long-awaited step in power-sector reforms tied to International Monetary Fund (IMF) and World Bank programs, according to official documents shared with media on Monday. The five companies, namely Islamabad Electric Supply Company (IESCO), Faisalabad Electric […]
PM orders faster privatisation of power companies
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 […]
PM directs expedited privatisation process for Discos, Gencos
Prime Minister Shehbaz Sharif on Monday directed the relevant authorities to expedite the privatization process of power distribution companies (DISCOs) and generation companies (GENCOs). Chairing a meeting regarding power sector, the prime minister emphasized that the privatization of the energy system, leading to the establishment of a competitive electricity market, was the sustainable solution to […]
Pakistan goes digital: Smart meters to transform electricity services
ISLAMABAD – The Ministry of Energy (Power Division) has launched a large-scale rollout of smart meters across Pakistan’s electricity distribution companies (DISCOs), as part of its 2025–26 “Year of Customer Service Improvement” initiative. The project aims to enhance customer service, operational efficiency, and transparency across the country’s power sector. A spokesperson from the Power Division […]
IMF Denies Tax Exemptions for Pakistan’s Investments
During the briefing, officials outlined various investment opportunities and projects, focusing on a proposed railway initiative. This railway aims to connect Chagai to Gwadar, facilitating the transport of minerals from the Reko Diq mine to the port city. Pakistani officials highlighted the importance of this project for economic growth, seeking IMF support. However, potential […]