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DISCO privatisation: Lessons from K-Electric
The long-overdue agenda of privatisation is picking up pace. Bleeding airline PIA was finally done and gotten over with. They have now reached the point of finalising crew uniforms. It is a welcome sight. In contrast, Pakistan’s power distribution companies (DISCOs) are still at the expressions-of-interest stage, lagging behind in terms of progress. However, one cannot discuss the privatisation process without bringing up what has very recently transpired in the case of K-Electric (KE), which just saw its multi-year tariff plea dismissed by the regulator’s appellate tribunal. Many analysts hav...
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