March 24, 2021: Federal Minister for Privatization Mohammedmian Soomro chaired the Meeting of the Privatisation Commission (PC) Board today in Islamabad. Privatization Board members, Federal secretary privatization, and senior officers of the Ministry attended the meeting. Advisor to the Prime Minister on Power Tabish Gohar attended the meeting on special invitation.
This was the 3rd PC Board meeting of the year 2021.
The Board was briefed about the private sector’s participation in the management of DISCOs in the light of the decisions and directions of the CCoP held on March 18, 2021.
After detailed deliberations and discussion, Privatisation Commission Board recommended various proposals for the private sector’s participation in the management of DISCOs. The proposals were prepared and presented by the Working Group of DISCOs. The proposed recommended plan will be placed before the up-coming meeting of CCoP for consideration and further necessary actions.
The Board was also briefed about the latest progress made in the transactions of different entities.
Federal Minister for Privatisation Mohammedmian Soomro said that the purpose of the private sector’s participation in DISCOs is to resolve power supply issues and make the services of power distribution companies competitive and better. He also thanked all Board members and other participants for their active and efficient role in resolving the issues of the matter.
