business
May 22, 2021
Government approves partial privatisation of DISCOs
ISLAMABAD: The Cabinet Committee on Privatization on Friday approved partial privatisation of the state-owned power supply companies by offering management control but has shelved total disinvestment plans in loss-making DISCOs, officials said.Shaukat Tarin, minister for finance and revenue chaired the CCoP meeting.Officials said concessions or management contracts are the most optimal options for the private sector participation in management of DISCOs.A government statement said the CCoP...