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Privatisation of three Discos planned in 1Q CY2027
ISLAMABAD: The Privatisation Commission is planning to privatise three power distribution companies (Discos) — Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO) and Islamabad Electric Supply Company (IESCO) — in the first quarter of the calendar year 2027, Prime Minister’s Adviser on Privatisation and Chairman of the Privatisation Commission Muhammad Ali said on Saturday. In an interview, Muhammad Ali said due diligence for the three companies was already under way, while potential investors had sought additional time to assess the complex transactions. He s...
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