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No fresh approval required for Discos’ privatisation
ISLAMABAD: The Privatisation Division submitted to the Senate Sub Committee of the Functional Committee on Devolution that the Council of Common Interests (CCI) had already approved the privatisation of three generation companies (GENCOs) and nine distribution companies (Discos) in 2011 and no fresh approval is required to take forward the privatisation process. According to Privatisation Commission, CCI granted approval dated 21 June 2021 of the National Electricity Policy (para 5.9.4) which provides that the government shall explore various options of privatisation to improve the efficiency ...
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