PM orders for boosting privatization, outsourcing process of power DISCOS

Prime Minister Shehbaz Sharif on Thursday directed the relevant authorities to accelerate the process of privatization and outsourcing of the power distribution companies (Discos).

Chairing a high-level meeting regarding power sector here, the prime minister said the assistance of private sector experts and globally accepted models should be taken to improve the management affairs of the distribution companies (DISCOs).

He also directed to prepare and present a comprehensive plan in the next meeting to improve the power system in the country.

The prime minister said reforms in the power sector would help reduce the country’s circular debt.

He also vowed not to allow electricity thieves and other elements to harm the country’s treasury.