PM Shehbaz pushes for sell-off, outsourcing of Discos

Prime Minister Shehbaz Sharif on Thursday directed the authorities to expedite the pace of privatisation and outsourcing of the power distribution companies (Discos) during a high-level meeting regarding the power sector. Presiding over the meeting, the prime minister emphasised the need to seek assistance from private sector experts and globally accepted models to improve the management affairs of the Discos. He also instructed the preparation and presentation of a comprehensive plan in the next meeting to improve the power system in the country. He said that reforms in the power sector would contribute to reducing the country’s circular debt. He also pledged not to allow electricity theft and other activities to harm the country’s treasury.